BEUNCOMMON INC (EIN 883937101) - 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

2022

Legal Domicile

Principal Officer

HENRIK HANSEN

Phone

2105353459

Tax Period

2023-01-01 to 2023-12-31

BEUNCOMMON INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $448K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $827K exceeded revenue, resulting in a 85% operating deficit.

Mission

TO EMPHASIZE THAT DIVERSITY, INCLUSIVITY, AND INDIVIDUALITY ARE OUR GREATEST STRENGTHS. BEUNCOMMON IS COMMITTED TO FOSTERING A MORE INCLUSIVE ENVIRONMENT BY CREATING MEMORABLE, UNIQUE, AND IMPACTFUL EVENTS THAT CONNECT BRILLIANT INDIVIDUALS AND COMPANIES WITH INCLUSIVE IDEAS FOCUSED ON THE YOUTH AND YOUNG ADULTS. COLLABORATING WITH FORWARD-THINKING NONPROFITS WITH A TRACK RECORD OF FOSTERING INCLUSIVITY IN 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 (2023)

Revenue Breakdown

Contributions & Grants $431,897

Program Service Revenue $0

Investment Income $16,305

Other Revenue $0

TOTAL REVENUE $448,202

Expense Breakdown

Grants Paid $445,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $445,000

Other Expenses $382,282

TOTAL EXPENSES $827,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$448,202	$12,333,449	-1.0%
Expenses	$827,282	$183	+4519.7%
Net Income	$-379,080	$12,333,266	-1.0%

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

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
HENRIK HANSEN	DIRECTOR, PRESIDENT, CEO	2.00	Officer Director	$0	$0	$0
BENJAMIN ORTIZ	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW HILL	DIRECTOR	2.00	Director	$0	$0	$0
ALEXIS SERNA	DIRECTOR	1.00	Director	$0	$0	$0
CHADE NELSON	DIRECTOR, SECRETARY, CFO	2.00	Officer Director	$0	$0	$0
SAMEER MEHTA	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
2024	No data	No data	No data	No data
2023	$448,202	$827,282	$11,954,186	$-379,080
2022	$12,333,449	$183	$12,333,266	$12,333,266

BEUNCOMMON INC