BUILDERS DEVELOPMENT CORPORATION (EIN 010951147) - 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

2005

Legal Domicile

Principal Officer

CHELE THORNTON

Phone

8167725787

Tax Period

2024-01-01 to 2024-12-31

BUILDERS DEVELOPMENT CORPORATION, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $89K in total revenue in fiscal year 2024. Revenue fell 110% from the prior year — a significant decline worth monitoring.

Mission

TO INCREASE THE PRODUCTION OF AFFORDABLE HOUSING AND REVITALIZE NEIGHBORHOODS THROUGHOUT THE GREATER KANSAS CITY METROPOLITAN AREA AND SURROUNDING COMMUNITIES BY APPLYING INNOVATIVE, ENERGY-EFFICIENT, AND ENTREPRENEURIAL BUSINESS PRINCIPLES AS WELL AS TO WORK COLLABORATIVELY WITH LOCAL CITIES AND THEIR NEIGHBORHOODS, FOR-PROFIT BUILDERS, FOUNDATIONS, AND CORPORATIONS TO LIFT UP LOW-INCOME FAMILIES WHICH ULTIMATELY BENEFITS ALL IN THE GREATER KANSAS CITY AREA AND SURROUNDING 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 $41,918

Program Service Revenue $100,781

Investment Income $-437,476

Other Revenue $205,561

TOTAL REVENUE $-89,216

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,105

Fundraising Expenses $0

Program Expenses $489,414

Other Expenses $509,101

TOTAL EXPENSES $515,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-89,216	$925,966	-1.1%
Expenses	$515,206	$476,067	+0.1%
Net Income	$-604,422	$449,899	-2.3%

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

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

$6,105

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE LECLERE	BOARD MEMBER	0.00	Director	$0	$0	$0
ERIC MCMAHON	BOARD MEMBER	0.00	Director	$0	$0	$0
MATT WATKINS	BOARD MEMBER	0.00	Director	$0	$0	$0
CHELE THORNTON	EXECUTIVE DIRECTOR	2.00	Officer	$6,105	$0	$6,105

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	$-89,216	$515,206	$3,845,453	$-604,422
2023	$925,966	$476,067	$4,885,164	$449,899
2022	$290,156	$520,434	$4,531,219	$-230,278
2021	$580,019	$649,960	$4,884,670	$-69,941
2020	$1,135,101	$988,697	$5,853,893	$146,404
2019	$2,289,647	$1,087,471	$5,839,191	$1,202,176
2018	$540,907	$766,597	$4,558,860	$-225,690

BUILDERS DEVELOPMENT CORPORATION