Brooklyn, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bedford Stuyvesant Restoration Corporation, founded in 1967, is a community nonprofit in the Housing & Shelter sector that reported $9.7M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $12.8M exceeded revenue, resulting in a 32% operating deficit.
The nation's first community development organization, partners with community residents, leaders and businesses to improve the quality of life of Central Brooklyn by fostering economic self suffiency, enhancing family stability and growth, promoting arts and culture and transforming the community into a safe, vibrant place to live, work and visit.
Workforce and Economic Development - Through its workforce development initiative the organization is able to provide a continuum of job preparedness and placement services to assist Community...
Workforce and Economic Development - Through its workforce development initiative the organization is able to provide a continuum of job preparedness and placement services to assist Community residents to enter or re-enter the workplace. Additionally, the organization is partnering with community businesses and leaders in providing services that foster a clean, safe and vibrant business district in Bedford Stuyvesant and Central Brooklyn.
COMMERCIAL REVITALIZATION - The organization is engaged in facilitating the expansion and enhancement of business in underserved communities to combat urban decay and to create jobs and business...
COMMERCIAL REVITALIZATION - The organization is engaged in facilitating the expansion and enhancement of business in underserved communities to combat urban decay and to create jobs and business opportunities.
Weatherization Assistance and Energy Conservation - Through this program the organization has been weatherizing resdential units of low income and elderly tenants to reduce fuel consumption and...
Weatherization Assistance and Energy Conservation - Through this program the organization has been weatherizing resdential units of low income and elderly tenants to reduce fuel consumption and conserve energy for nearly thirty years. In addition to the reduction in energy consumption the program provides an economic benefit to community- based contractors and sellers of construction material.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $9,652,738 | $10,428,266 | -0.1% |
| Expenses | $12,776,353 | $11,786,220 | +0.1% |
| Net Income | $-3,123,615 | $-1,357,954 | +1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Colvin Grannum | President & CEO | 35.00 |
Officer
Director
|
$287,785 | $43,268 | $331,053 |
| Francila Carlson | Exec. VP/CFAO | 35.00 |
Officer
Director
|
$279,950 | $13,341 | $293,291 |
| Tracey Capers | Exec. VP | 35.00 |
Officer
Director
|
$201,702 | $11,231 | $212,933 |
| Renee Jenkins | Exec. VP | 35.00 |
Officer
Director
|
$178,798 | $10,951 | $189,749 |
| Gordon Bell | Exec. VP | 35.00 |
Officer
Director
|
$145,559 | $34,728 | $180,287 |
| Blondel Pinnock | President | 35.00 |
Officer
Director
|
$166,849 | $1,403 | $168,252 |
| Kevin G Chavers | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Erika Irish Brown | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shawn Austin | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Marisha L Clinton CPA | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Lynch Esq | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Binta Vann | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Cameron Arrington | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Eve | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Ehrenberg | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Benjamin A Glascoe | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lindsay Greene | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Depelsha Thomas McGruder | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Offensend | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Timothy L Simons | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Albert C Wiltshire | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Glenn E Sharpe | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Wayne Riley | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lenue H Singletary III | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Peter M Williams | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $9,652,738 | $12,776,353 | $62,952,981 | $-3,123,615 |
| 2022 | $10,428,266 | $11,786,220 | $64,996,844 | $-1,357,954 |
| 2021 | $10,958,396 | $10,389,740 | $66,956,082 | $568,656 |
| 2020 | $11,207,077 | $10,816,894 | $65,409,022 | $390,183 |
| 2019 | $11,864,048 | $11,488,026 | $61,228,941 | $376,022 |
| 2019 | $9,597,950 | $11,522,888 | $60,349,524 | $-1,924,938 |
| 2018 | $12,035,065 | $12,046,155 | $60,595,221 | $-11,090 |
Compare Bedford Stuyvesant Restoration Corporation with other nonprofits in New York and across the country.