BECAUSE WE CARE PHILANTHROPY INC (EIN 845159666) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

RANDY K MACON

Tax Period

2024-01-01 to 2024-12-31

BECAUSE WE CARE PHILANTHROPY INC, founded in 2020, is a small nonprofit that reported $956K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $6.5M exceeded revenue, resulting in a 583% operating deficit.

Mission

TO SUPPORT INNOVATIVE IMPROVEMENTS IN HEALTH, EDUCATION, YOUTH DEVELOPMENT, INCLUSION AND DIVERSITY FOR THE POOR, DISTRESSED, AND/OR UNDERPRIVILEGED. WE WILL ALSO SUPPORT ANIMAL WELFARE ISSUES AS THEY ARISE. THIS WORK IS ACCOMPLISHED THROUGH THE DONOR ADVISED FUNDS WE SPONSOR.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $765,122

Program Service Revenue $0

Investment Income $178,199

Other Revenue $12,909

TOTAL REVENUE $956,230

Expense Breakdown

Grants Paid $6,497,018

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,497,018

Other Expenses $38,359

TOTAL EXPENSES $6,535,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$956,230	$4,415,191	-0.8%
Expenses	$6,535,377	$2,186,026	+2.0%
Net Income	$-5,579,147	$2,229,165	-3.5%

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

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
KARI BLAKLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELLE HARDESTY	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF MOEN	TREASURER	1.00	Officer Director	$0	$0	$0
RANDY K MACON	EXECUTIVE DI	15.00	Officer	$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	$956,230	$6,535,377	No data	$-5,579,147
2023	$4,415,191	$2,186,026	$5,617,685	$2,229,165
2022	$3,772,336	$1,771,132	$3,253,470	$2,001,204
2021	$1,658,226	$1,169,603	$1,482,486	$488,623
2020	$1,463,589	$389,964	$1,021,817	$1,073,625

BECAUSE WE CARE PHILANTHROPY INC