EBCDC INC (EIN 042755270) - 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

1979

Legal Domicile

Principal Officer

SALVATORE COLOMBO

Phone

6175695590

Tax Period

2024-01-01 to 2024-12-31

EBCDC INC, founded in 1979, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 28% operating margin.

Mission

To assist the creation of affordable housing and economic development that benefits the residents of East Boston.

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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 $3,260,063

Program Service Revenue $5,027,971

Investment Income $784,205

Other Revenue $0

TOTAL REVENUE $9,072,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,753,752

Fundraising Expenses $0

Program Expenses $4,542,330

Other Expenses $794,576

TOTAL EXPENSES $6,548,328

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,072,239	$6,792,963	+0.3%
Expenses	$6,548,328	$6,473,629	+0.0%
Net Income	$2,523,911	$319,334	+6.9%

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

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

$372,991

Total Directors

$372,991

Key Employees

$854,102

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALVATORE COLOMBO	PRESIDENT	28.00	Officer Director	$352,450	$20,541	$372,991
KEMPTON FLEMMING	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
HERIBERTO MORALES	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
BLANCA AYALA	TREASURER	1.00	Officer Director	$0	$0	$0
RITA INGERSOLL	ASST. TREASURER	1.00	Officer Director	$0	$0	$0
RUTH CAPONE	CLERK	1.00	Officer Director	$0	$0	$0
THOMAS BRIAND	DIRECTOR	1.00	Director	$0	$0	$0
PASQUALE CORDISCO	DIRECTOR	1.00	Director	$0	$0	$0
FRANCIS BIAGIOTTI	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH GARUFO	DIRECTOR	1.00	Director	$0	$0	$0
ANNIERATHA SAING	DIRECTOR	1.00	Director	$0	$0	$0
DONALD COVERDALE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MAFFEO	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA RUIZ-AMAYA	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN ORLANDO	DIRECTOR	1.00	Director	$0	$0	$0
BLANCA AYALA	DIRECTOR	1.00	Director	$0	$0	$0
FRIDA SANCHEZ	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY PICARELLO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MIGLIOZZI	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE BECKLES	DIRECTOR	1.00	Director	$0	$0	$0
ALBERT CALDARELLI	FORMER PRESIDENT	28.00	Key Emp	$526,198	$3,553	$529,751
ALBERT FESTA	CHIEF OPERATING OFFICER	28.00	Key Emp	$306,953	$17,398	$324,351
CYNTHIA FRONDUTO	CHIEF FINANCIAL OFFICER	35.00	Highest	$254,349	$34,379	$288,728
TANYA HAHNEL	DIRECTOR OF REAL ESTATE	35.00	Highest	$168,077	$19,692	$187,769

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	$9,072,239	$6,548,328	$70,180,587	$2,523,911
2023	$6,792,963	$6,473,629	$63,331,704	$319,334
2022	$4,994,737	$4,962,301	$63,496,599	$32,436
2021	$4,262,747	$5,308,240	$58,217,013	$-1,045,493
2020	$5,731,904	$4,198,983	$57,895,739	$1,532,921
2019	$7,026,343	$3,927,486	$48,787,209	$3,098,857

EBCDC INC