BIRMINGHAM BOUND INC

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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

2022

Legal Domicile

Principal Officer

BRITNEY SUMMERVILLE

Phone

2052228092

Tax Period

2025-01-01 to 2025-12-31

Mission

BIRMINGHAM BOUND IS AN INITIATIVE TO BUILD UP THE TECH ECOSYSTEM IN OUR CITY AND MAKE BIRMINGHAM THE PLACE TO GROW AND SCALE A TECH COMPANY. WE WORK TO BRING MORE TECH COMPANIES TO BIRMINGHAM, AND WE HELP COMPANIES ALREADY HERE CONTINUE TO THRIVE BY CONNECTING THEM WITH KEY LEADERS AND INNOVATORS IN OUR TECH-FORWARD, ENTREPRENEURIAL AND OBNOXIOUSLY SUPPORTIVE COMMUNITY.

Program Service Accomplishments

Program 1

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2025	2024	Change
Revenue	N/A	$152,890	-1.0%
Expenses	N/A	$549,997	-1.0%
Net Income	N/A	$-397,107	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

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
MAYOR RANDALL WOODFIN	DIRECTOR	1.00	Director	$0	$0	$0
BRITNEY SUMMERVILLE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS COMEAUX	DIRECTOR	1.00	Director	$0	$0	$0
KELLIE CLARK	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS MOODY	DIRECTOR	1.00	Director	$0	$0	$0
CORI FAIN	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
DEON GORDON	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN SMOLA	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,043,500	$302,700	$1,023,740	$740,800
2022	$320,000	$45,668	$274,332	$274,332