BISHOP GORMAN DEVELOPMENT CORPORATION (EIN 200409835) - 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

2003

Principal Officer

MARCUS VALERIO

Phone

7027353500

Tax Period

2023-01-01 to 2023-12-31

BISHOP GORMAN DEVELOPMENT CORPORATION, founded in 2003, is a community nonprofit in the Public & Societal Benefit sector that reported $7.9M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6.2M, a strong 79% operating margin.

Mission

RAISE FUNDS FOR, BUILD, AND LEASE A CAMPUS TO AFFILIATED ROMAN CATHOLIC ARCHDIOCESE FOR OPERATION AS A HIGH SCHOOL.

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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 $5,998,275

Program Service Revenue $1,682,559

Investment Income $212,707

Other Revenue $0

TOTAL REVENUE $7,893,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,382,737

Other Expenses $1,670,378

TOTAL EXPENSES $1,670,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,893,541	$13,119,971	-0.4%
Expenses	$1,670,378	$1,290,895	+0.3%
Net Income	$6,223,163	$11,829,076	-0.5%

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

$234,806

Total Directors

$234,806

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCUS VALERIO	TREASURER	1.00	Officer Director	$0	$19,250	$131,750
ARCHBISHOP GEORGE LEO THOMAS	PRESIDENT	1.00	Officer Director	$0	$7,328	$103,056
LORENZO FERTITTA	MEMBER	1.00	Director	$0	$0	$0
MICHAEL GAUGHAN	SECRETARY	1.00	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
2024	No data	No data	No data	No data
2023	$7,893,541	$1,670,378	$53,406,205	$6,223,163
2022	$13,119,971	$1,290,895	$46,905,032	$11,829,076
2021	$2,816,340	$1,214,399	$36,116,294	$1,601,941
2020	$1,698,420	$1,331,864	$35,426,466	$366,556
2019	$16,758,128	$471,990	$107,356,219	$16,286,138
2018	$5,934,326	$14,358,394	$109,609,375	$-8,424,068

BISHOP GORMAN DEVELOPMENT CORPORATION