BUSINESS FOR BETTER PARKING INC

EIN: 042625332

Fall River, MA

Total Revenue
$118,817
Total Expenses
$279,245
Total Assets
N/A
Net Assets
N/A
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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
1973
Legal Domicile
MA
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 PROVIDED QUALITY PARKING FOR ALL CITY RESIDENTS COMING INTO THE CENTRAL BUSINESS DISTRICT.

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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%)

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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
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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

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Governance

Voting Members
5
Independent Members
5
Employees
8
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
3
$500
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
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
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