b1 Foundation (EIN 844964205) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Phone

2252867881

Tax Period

2024-01-01 to 2024-12-31

b1 Foundation, founded in 2020, is a small nonprofit in the Human Services sector that reported $217K in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $105K, a strong 48% operating margin.

Mission

THE B1 FOUNDATION HELPS BRIDGE THE GAP BY PROVIDING FINANCIAL LITERACY AND ENTREPRENEURSHIP TRAINING FOR INDIVIDUALS AND SMALL BUSINESS OWNERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $173,063

Program Service Revenue $43,646

Investment Income $0

Other Revenue $0

TOTAL REVENUE $216,709

Expense Breakdown

Grants Paid $59,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,447

Other Expenses $51,946

TOTAL EXPENSES $111,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,709	$105,693	+1.1%
Expenses	$111,746	$61,753	+0.8%
Net Income	$104,963	$43,940	+1.4%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER ROEMER	DIRECTOR, PRESIDENT	10.0	Officer Director	$0	$0	$0
MELISSA TERITO	TREASURER	0.0	Officer Director	$0	$0	$0
ROBERT YARBOROUGH	CHAIRMAN OF THE BOARD	0.0	Officer Director	$0	$0	$0
SUE ANNE KLEINPETER COX	SECRETARY	0.0	Officer Director	$0	$0	$0
DAVID R MELVILLE III	DIRECTOR	1.0	Director	$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	$216,709	$111,746	$243,979	$104,963
2023	$105,693	$61,753	$139,016	$43,940
2022	$152,620	$82,820	$95,076	$69,800
2021	$222,765	$216,620	$25,276	$6,145
2021	$222,765	$216,620	$25,276	$6,145

b1 Foundation