Bare Chest Calendar Inc (EIN 852564930) - 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

Larry Rich

Phone

4153648008

Tax Period

2024-01-01 to 2024-12-31

Bare Chest Calendar Inc, founded in 2020, is a small nonprofit in the Civil Rights & Advocacy sector that reported $277K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $255K left a modest 8% surplus.

Mission

The specific purpose of this corporation is to raise funds for charitable and/or educational use within the gay, lesbian, bisexual, transgender and queer community; and to benefit medical research for all communities.

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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 $230,494

Program Service Revenue $21,657

Investment Income $5,480

Other Revenue $19,789

TOTAL REVENUE $277,420

Expense Breakdown

Grants Paid $112,520

Salaries & Benefits $37,483

Fundraising Expenses $0

Program Expenses $219,068

Other Expenses $105,444

TOTAL EXPENSES $255,447

Year-over-Year Comparison

	2024	2023	Change
Revenue	$277,420	$295,724	-0.1%
Expenses	$255,447	$231,286	+0.1%
Net Income	$21,973	$64,438	-0.7%

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

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

$32,700

Total Directors

$26,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Larry Rich	President	30.00	Officer Director	$26,700	$0	$26,700
Neil Lang	Treas. & CFO	12.00	Officer	$6,000	$0	$6,000
Scott Johnson	Vice President	15.00	Officer Director	$0	$0	$0
Jetta Robertson	Director	2.00	Director	$0	$0	$0
Cal Callahan	Director	2.00	Director	$0	$0	$0
Justin White	Secretary	2.00	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
2025	No data	No data	No data	No data
2024	$277,420	$255,447	$207,539	$21,973
2023	$295,724	$231,286	$185,783	$64,438
2022	$205,105	$108,527	$119,259	$96,578

Bare Chest Calendar Inc