BUSINESS FOR BETTER PARKING INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

CARLOS BRAGA

Phone

5086752593

Tax Period

2019-01-01 to 2019-12-31

BUSINESS FOR BETTER PARKING INC, founded in 1973, is a small nonprofit that reported $119K in total revenue in fiscal year 2019. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $279K exceeded revenue, resulting in a 135% operating deficit.

Mission

TO PROVIDE QUALITY PARKING FOR ALL CITY RESIDENTS COMING INTO THE CENTRAL BUSINESS DISTRICT. THE ORGANIZATION MANAGES TWO PARKING DECKS UNDER A LICENSE AGREEMENT WITH THE CITY OF FALL RIVER. THE CITY OF FALL RIVER ECONOMIC REDEVELOPMENT AUTHORITY OWNES THE PARKING DECKS.

Program Service Accomplishments

Program 1

TO PROVIDE QUALITY PARKING FOR ALL CITY RESIDENTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $118,766

Investment Income $51

Other Revenue $0

TOTAL REVENUE $118,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,698

Fundraising Expenses $0

Other Expenses $177,547

TOTAL EXPENSES $279,245

Year-over-Year Comparison

	2019	2018	Change
Revenue	$118,817	$401,791	-0.7%
Expenses	$279,245	$434,026	-0.4%
Net Income	$-160,428	$-32,235	+4.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARILYN ALMEIDA	SECRETARY	002.00	Officer	$500	$0	$500
FRANK BRAGA	DIRECTOR	001.00	Director	$0	$0	$0
FRANK CAMARA	DIRECTOR	001.00	Director	$0	$0	$0
CARLOS BRAGA	PRESIDENT	002.00	Officer	$0	$0	$0
JOSEPH BORGES	TREASURER	002.00	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
2019	$118,817	$279,245	No data	$-160,428
2018	$401,791	$434,026	$167,977	$-32,235