BENEVOLENT SOCIETY (EIN 852831854) - 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

CHARLES E WILLIAMS II

Phone

3133552150

Tax Period

2024-02-01 to 2025-01-31

BENEVOLENT SOCIETY, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $123K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 57% operating margin.

Mission

THE BENEVOLENT SOCIETY DISRUPTS TRADITIONAL SOCIAL SERVICE STRATEGIES BY ORGANIZING COMMUNITIES TO BUILD THEMSELVES. TO DO THIS, WE UTILIZE RELIGIOUS AFFILIATIONS, TRADITIONAL COMMUNITY PRACTICIES, AND INDIGENOUS COMMUNITY RELATIONSHIPS. THOSE TOOLS HELP US DEVELOP STRATEGIES TO CLOSE HEALTH DISPARITIES, BUILD COMMUNITIES, CREATE JOBS, AND PROTECT OUR SENIORS AND YOUTH IN DISTRESSED 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 $122,825

Program Service Revenue $0

Investment Income $11

Other Revenue $0

TOTAL REVENUE $122,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,852

Other Expenses $52,639

TOTAL EXPENSES $52,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,836	$113,375	+0.1%
Expenses	$52,639	$69,855	-0.2%
Net Income	$70,197	$43,520	+0.6%

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

N/A

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

$550

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES E WILLIAMS II	EXECUTIVE DIRECTOR	020.00	Director	$0	$0	$0
WOVINA A ELAM	CFO	005.00	Officer	$550	$0	$550

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	$122,836	$52,639	No data	$70,197
2024	$113,411	$69,855	No data	$43,556
2023	$85,070	$153,796	No data	$-68,726
2022	$376,041	$142,409	No data	$233,632

BENEVOLENT SOCIETY