THE BRIDGEPORT REGIONAL BUSINESS FOUNDATION INC (EIN 061058315) - 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

1982

Legal Domicile

Principal Officer

DAN ONOFRIO

Phone

2033353800

Tax Period

2019-01-01 to 2019-12-31

THE BRIDGEPORT REGIONAL BUSINESS FOUNDATION INC, founded in 1982, is a micro nonprofit that reported $1 in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 810300% operating deficit.

Mission

TO ASSIST OR SPONSOR VARIOUS PROJECTS, STUDIES AND EDUCATIONAL ACTIVITIES RELATED TO IMPROVED EFFICIENCY, DEVELOPMENT AND ACCELERATION OF BOTH THE QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNTIES IN THE GREATER BRIDGEPORT REGION. THE FOUNDATION RECEIVES ADMINISTRATIVE SERVICES FROM THE BPT REGIONAL BUSINESS COUNCIL A RELATED PARTY AT NO COST TO THE FOUNDATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $1

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,400

Other Expenses $8,104

TOTAL EXPENSES $8,104

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1	$8,280	-1.0%
Expenses	$8,104	$3,927	+1.1%
Net Income	$-8,103	$4,353	-2.9%

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

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	Role	Reportable Comp	Other Comp	Total
LARRY GANIM	BOARD MEMBER	Director	$0	$0	$0
DAN ONOFRIO	PRESIDENT	Officer Director	$0	$0	$0
CHARLES V FIRLOTTE	VICE CHAIR	Officer Director	$0	$0	$0
JOHN F STAFSTROM JR	VICE CHAIR	Officer Director	$0	$0	$0
ERIC N HENDLIN	SECRETARY/TREASURER	Officer Director	$0	$0	$0
MIKE POWERS	BOARD MEMBER	Director	$0	$0	$0
JAMES A BENSON	VICE CHAIR	Officer Director	$0	$0	$0
DIANNE AUGER	VICE CHAIR	Officer Director	$0	$0	$0
CHRISTOPHER PIA	BOARD MEMBER	Director	$0	$0	$0
NANCY KUHN	BOARD MEMBER	Director	$0	$0	$0
ARMANDO GONCALVES	IMMEDIATE PAST CHAIR	Officer Director	$0	$0	$0
ANGELA PELLEGRION GRANT	BOARD MEMBER	Director	$0	$0	$0
MARY BETH NELSEN	BOARD MEMBER	Director	$0	$0	$0
KATE HAMPFORD DONAHUE	CHAIRMAN	Officer Director	$0	$0	$0
KELLI MEYER	BOARD MEMBER	Director	$0	$0	$0
BYRAN KELSEY	BOARD MEMBER	Director	$0	$0	$0
MARGARET SHEAHAN	VICE CHAIR	Officer Director	$0	$0	$0
BOB ABBATE	VICE CHAIR	Officer Director	$0	$0	$0
TOM SANTA	BOARD MEMBER	Director	$0	$0	$0
PATRICK MCDONNELL	FIRST VICE CHAIR	Officer Director	$0	$0	$0
PHIL KUCHMA	BOARD MEMBER	Director	$0	$0	$0
DAVID LEVINE	BOARD MEMBER	Director	$0	$0	$0
MICKEY HERBERT	PAST PRESIDENT	Officer Director	$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	$1	$8,104	$25,221	$-8,103
2018	$8,280	$3,927	$27,851	$4,353

THE BRIDGEPORT REGIONAL BUSINESS FOUNDATION INC