CAMBA ECONOMIC DEVELOPMENT CORPORATION (EIN 113546930) - 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

1998

Legal Domicile

Principal Officer

VALERIE BARTON-RICHARDSON

Phone

7182872600

Tax Period

2024-07-01 to 2025-06-30

CAMBA ECONOMIC DEVELOPMENT CORPORATION, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $216K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 7% surplus.

Mission

CAMBA ECONOMIC DEVELOPMENT CORPORATION (CAMBA EDC) IS AN ORGANIZATION WHICH PROVIDES LOANS AND SERVICES TO UNDER-SERVED BUSINESSES AND POTENTIAL ENTREPRENEURS IN THE BROOKLYN, NY COMMUNITY.

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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 $202,779

Program Service Revenue $6,353

Investment Income $0

Other Revenue $6,641

TOTAL REVENUE $215,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,372

Other Expenses $199,848

TOTAL EXPENSES $199,848

Year-over-Year Comparison

	2024	2023	Change
Revenue	$215,773	$136,456	+0.6%
Expenses	$199,848	$144,427	+0.4%
Net Income	$15,925	$-7,971	-3.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$928,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER ZARRA	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHERINE O'NEILL	SECRETARY	1.00	Officer Director	$0	$0	$0
HENRY BRIANCE	MEMBER	1.00	Director	$0	$0	$0
VALERIE BARTON-RICHARDSON	PRESIDENT/CEO	1.00	Officer	$0	$58,584	$543,064
JASON BOUCHARD	CFO	1.00	Officer	$0	$70,035	$385,336
JOANNE OPLUSTIL	FORMER PRESIDENT/CEO	0.00		$0	$18,908	$2,182,060

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
2025	$215,773	$199,848	$266,584	$15,925
2024	$136,456	$144,427	$236,827	$-7,971
2023	$133,495	$170,177	$314,713	$-36,682
2022	$135,797	$130,301	$245,829	$5,496
2021	$119,299	$153,342	$203,287	$-34,043
2020	$147,741	$153,069	$272,042	$-5,328
2019	$100,025	$97,528	$176,026	$2,497
2018	$69,477	$67,759	$125,505	$1,718

CAMBA ECONOMIC DEVELOPMENT CORPORATION