B Charitable Inc (EIN 852280049) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

B Charitable Inc, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $424K in total revenue in fiscal year 2021. Revenue surged 3430% from the prior year, signaling strong growth momentum. The organization ran a surplus of $295K, a strong 70% operating margin.

Mission

The corporate is organized and shall be operated exclusively for charitable purposes as set forth in Sectin 501 (c)(3)such as making distributions to organizatons that are recognized as exempt from federal income tax under Code Seciotn 501 (c)(3).

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,002,003

Program Service Revenue $0

Investment Income $115,503

Other Revenue $0

TOTAL REVENUE $1,117,506

Expense Breakdown

Grants Paid $747,983

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $768,393

Other Expenses $20,410

TOTAL EXPENSES $768,393

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,117,506	$1,012,426	+0.1%
Expenses	$768,393	$720,438	+0.1%
Net Income	$349,113	$291,988	+0.2%

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

N/A

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
Andrew A Gearhart	Director	0.16	Director	$0	$0	$0
J Addam Evans	Director	0.16	Director	$0	$0	$0
Charles Anderson III	Director	0.16	Director	$0	$0	$0
Jonathan Shugart Jr	President and Treasurer	0.58	Officer Director	$0	$0	$0
Jonathan L Shugart	Vice President and Secretary	0.58	Officer 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	No data	No data	No data	No data
2023	$1,117,506	$768,393	$948,212	$349,113
2022	$1,012,426	$720,438	$593,326	$291,988
2021	$423,597	$128,988	$301,296	$294,609

B Charitable Inc