VETERANS BEAUTY PROFESSIONALS ORGA… - Form 990 Financial Data

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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

MIHYON KLIMENKO

Phone

9179741605

Tax Period

2024-01-01 to 2024-12-31

VETERANS BEAUTY PROFESSIONALS ORGANIZATION INC, founded in 2022, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $12K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 53% operating margin.

Mission

PROVIDE APPROPRIATE BEAUTY EDUCATION TO MILITARY AND VETERANS, HELPING THEM TO LIVE ECONOMICALLY WELL AFTER THEIR DISCHARGE.

Program Service Accomplishments

Program 1

PROVIDE APPROPRIATE BEAUTY EDUCATION TO MILITARY AND VETERANS, HELPING THEM TO LIVE ECONOMICALLY WELL AFTER THEIR DISCHARGE.

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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 $12,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,822

TOTAL EXPENSES $5,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,500	$8,000	+0.6%
Expenses	$5,822	$4,050	+0.4%
Net Income	$6,678	$3,950	+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

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
ALEXANDER KLIMENKO	TREASURER	N/A	Officer	$0	$0	$0
MIHYON KLIMENKO	PRESIDENT	N/A	Officer	$0	$0	$0
MISUN PARK-CHA	SECRETARY	N/A	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
2024	$12,500	$5,822	$10,628	$6,678
2023	$8,000	$4,050	$3,950	$3,950
2022	No data	No data	No data	No data

VETERANS BEAUTY PROFESSIONALS ORGANIZATION INC