BEC NEW COMMUNITIES HDFC INC (EIN 112689903) - 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

1987

Legal Domicile

Principal Officer

James Whitfield

Phone

7188588803

Tax Period

2023-01-01 to 2023-12-31

BEC NEW COMMUNITIES HDFC INC, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $145K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $172K exceeded revenue, resulting in a 18% operating deficit.

Mission

Develop affordable housing

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $144,516

Investment Income $46

Other Revenue $667

TOTAL REVENUE $145,229

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,478

Fundraising Expenses $0

Other Expenses $57,478

TOTAL EXPENSES $171,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,229	$260,692	-0.4%
Expenses	$171,956	$296,834	-0.4%
Net Income	$-26,727	$-36,142	-0.3%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
AL LIBURD	BOARD CHAIR	005.00	Director	$0	$0	$0
ELIZABETH SHOY	VICE PRESIDENT	005.00	Director	$0	$0	$0
JACKIE SPENCE	SECRETARY	005.00	Director	$0	$0	$0
NOEL MCDONALD	BD MEM	005.00	Director	$0	$0	$0
DAISY DOBBS	TREASURER	005.00	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
2024	No data	No data	No data	No data
2023	$145,229	$171,956	$65,462	$-26,727
2022	$260,692	$296,834	$92,108	$-36,142
2021	$389,121	$295,317	$129,145	$93,804
2020	$73,653	$254,161	$68,528	$-180,508

BEC NEW COMMUNITIES HDFC INC