Metro Booming Inc

EIN: 843642053 501(c)(3) Human Services

Jackson, MS

Total Revenue
$218,278
Total Expenses
$257,393
Total Assets
$235,659
Net Assets
$218,359
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MS
Principal Officer
Richard Bradley
Phone
6019400350
Tax Period
2024-01-01 to 2024-12-31

Metro Booming Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $218K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 18% operating deficit.

Mission

Metro Booming Inc is a nonprofit organization whose mission is to empower minds and build community through service, social initiatives, mentorship and entertainment.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $71,704
Program Service Revenue $146,574
Investment Income $0
Other Revenue $0
TOTAL REVENUE $218,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,860
Fundraising Expenses $0
Program Expenses $251,010
Other Expenses $209,533
TOTAL EXPENSES $257,393

Year-over-Year Comparison

2024 2023 Change
Revenue $218,278 $368,660 -0.4%
Expenses $257,393 $349,534 -0.3%
Net Income $-39,115 $19,126 -3.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Bradley N/A
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $218,278 $257,393 $235,659 $-39,115
2023 $368,660 $349,534 $259,195 $19,126
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