THE BLOC INC

EIN: 850654772 501(c)(3) Human Services

LINCOLN, NE

Total Revenue
$460,901
Total Expenses
$390,974
Total Assets
N/A
Net Assets
N/A
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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
NE
Principal Officer
PHILIPE BRUCE
Phone
5312108434
Tax Period
2020-01-01 to 2020-12-31

THE BLOC INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $461K in total revenue in fiscal year 2020. The organization ran a surplus of $70K, a strong 15% operating margin.

Mission

Through education charity and philanthropy and community building we positively impact the everyday life of many people

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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 (2020)

Revenue Breakdown

Contributions & Grants $460,901
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $460,901

Expense Breakdown

Grants Paid $81,940
Salaries & Benefits $23,968
Fundraising Expenses $5,720
Program Expenses $326,140
Other Expenses $285,066
TOTAL EXPENSES $390,974

Year-over-Year Comparison

2020 2019 Change
Revenue $460,901 N/A N/A
Expenses $390,974 N/A N/A
Net Income $69,927 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
30

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
1
$260
Total Directors
4
$493
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIPE BRUCE CEO 28.00
Director
$33 $0 $33
ELVEDINA BECIROVIC COO 10.00
Officer Director
$260 $0 $260
ADELEKE GBADAMASSI Treasurer 2.000
Director
$100 $0 $100
KATE DOWD Secretary 2.000
Director
$100 $0 $100
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
2020 $460,901 $390,974 No data $69,927
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