BRISTOL NEIGHBORHOOD DEVELOPMENT CORP (EIN 204100584) - 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

2008

Legal Domicile

Principal Officer

MITZY ROWE

Phone

8605852033

Tax Period

2023-01-01 to 2023-12-31

BRISTOL NEIGHBORHOOD DEVELOPMENT CORP, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $269K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Net assets of $2.6M represent 114 months of operating reserves.

Mission

PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES. HELP STABILIZE THE CITY OF BRISTOL BY REHABBING BLIGHTED PROPERTIES.

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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 $247,919

Investment Income $21,281

Other Revenue $0

TOTAL REVENUE $269,200

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,066

Fundraising Expenses $0

Program Expenses $253,873

Other Expenses $238,832

TOTAL EXPENSES $272,898

Year-over-Year Comparison

	2023	2022	Change
Revenue	$269,200	$728,473	-0.6%
Expenses	$272,898	$372,093	-0.3%
Net Income	$-3,698	$356,380	-1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICKEY BOUFFARD	CHAIR	1.00	Officer Director	$0	$0	$0
BRIAN S SUCHINSKI	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
GREG KLIMEK	DIRECTOR	1.00	Director	$0	$0	$0
ADA O AVILES	DIRECTOR	1.00	Director	$0	$0	$0
BIBI HAFFORD	DIRECTOR	1.00	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	$269,200	$272,898	$3,062,125	$-3,698
2022	$728,473	$372,093	$3,080,514	$356,380
2021	$497,532	$326,985	$3,107,651	$170,547
2020	$404,355	$382,116	$2,938,186	$22,239
2019	$441,397	$298,570	$2,897,205	$142,827

BRISTOL NEIGHBORHOOD DEVELOPMENT CORP