THE OBODO COLLECTIVE INC (EIN 852649754) - 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

BRIAN DICE

Phone

4153854586

Tax Period

2023-01-01 to 2023-12-31

THE OBODO COLLECTIVE INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $462K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $108K, a strong 23% operating margin.

Mission

THROUGH ITS CHARITABLE PROGRAMMING, THE CORPORATION PLANS TO IDENTIFY AND SELECT UNDERSERVED LOCAL COMMUNITIES AND NEIGHBORHOODS AND TO TAILOR ITS PROGRAMMING TO MEET THE UNMET OR UNDERSERVED NEEDS OF EACH SUCH COMMUNITY OR NEIGHBORHOOD OF PEOPLE TO FULFILL THE CORPORATION'S CHARITABLE PURPOSE AND MISSION. IN THIS MANNER, THE CORPORATION'S PROGRAMMING WILL BE SOMEWHAT FLEXIBLE AND VARIABLE DEPENDING UPON THE NEIGHBORHOOD OR COMMUNITY NEEDS BEING SERVED IN EACH INSTANCE. IMPORTANT TO THE CORPORATION'S OBJECTIVES, FOR EXAMPLE, WILL BE TO COLLABORATE WITH EXISTING LOCAL GOVERNMENTAL AGENCIES AND SIMILAR NONPROFITS TO FULFILL THE CORPORATION'S PURPOSE AND MISSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $462,401

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $462,401

Expense Breakdown

Grants Paid $31,650

Salaries & Benefits $224,002

Fundraising Expenses $0

Program Expenses $354,272

Other Expenses $78,695

TOTAL EXPENSES $354,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$462,401	$797,987	-0.4%
Expenses	$354,272	$559,719	-0.4%
Net Income	$108,129	$238,268	-0.5%

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

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
BRIAN DICE	PRESIDENT AND CO-FOUNDER	20.00	Officer Director	$0	$0	$0
ERICA VITAL-LAZARE	CO-FOUNDER	20.00	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	$462,401	$354,272	$408,363	$108,129
2022	$797,987	$559,719	$300,234	$238,268
2021	$315,502	$284,576	$61,966	$30,926

THE OBODO COLLECTIVE INC