TRENTON BUSINESS ASSISTANCE CORP REGIONAL BUSINESS ASSISTANCE CORP (EIN 222309023) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

WILLIAM PAZMINO

Phone

6095871133

Tax Period

2024-10-01 to 2025-09-30

TRENTON BUSINESS ASSISTANCE CORP REGIONAL BUSINESS ASSISTANCE CORP, founded in 1979, is a mid-sized nonprofit in the Community Improvement sector that reported $10.0M in total revenue in fiscal year 2024. The organization ran a surplus of $1.5M, a strong 15% operating margin.

Mission

PROVIDE AND UNDERWRITE LOANS TO SMALL BUSINESSES THAT ARE UNABLE TO OBTAIN FINANCING THROUGH NORMAL BANKING CHANNELS, PROVIDE TRAINING TO SMALL BUSINESSES ON VARIOUS BUSINESS MATTERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,018,981

Investment Income $14,683

Other Revenue $0

TOTAL REVENUE $10,033,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,313,167

Fundraising Expenses $0

Program Expenses $7,991,904

Other Expenses $2,207,615

TOTAL EXPENSES $8,520,782

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,033,664	$9,380,128	+0.1%
Expenses	$8,520,782	$7,094,674	+0.2%
Net Income	$1,512,882	$2,285,454	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$925,481

Total Directors

$925,481

Key Employees

$1,169,286

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM PAZMINO	EX. DIRECTOR	60.00	Officer Director	$890,574	$34,907	$925,481
ANDRES PAZMINO	CHIEF OPERATING OFFICER	60.00	Key Emp	$799,222	$24,836	$824,058
BABETTE GALLAGHER	TEAM LEAD 504 LOANS	60.00	Key Emp	$327,807	$17,421	$345,228
LILIBETH HERRERA	DIRECTOR COMMUNITY LENDING	60.00	Highest	$307,083	$16,637	$323,720
STEFANIE KANTOUT	DIRECTOR OF CLOSING&SERVIC	60.00	Highest	$193,808	$1,797	$195,605
LISA MURGATROYD	BUSINESS DEVELOPMENT DIREC	60.00	Highest	$199,595	$10,372	$209,967
RENATA COLACHE	BUSINESS DEVELOPMENT DIREC	60.00	Highest	$227,265	$15,664	$242,929
CHRIS CASALE	CHIEF LENDING OFFICER	60.00	Highest	$215,274	$11,525	$226,799
PAUL WATTER	CHAIR	2.00	Officer Director	$0	$0	$0
TERRY DANIELS	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN BURKE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LUISA ROBINSON	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW VERNEY	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN DURAND	DIRECTOR	2.00	Director	$0	$0	$0
YANKIE MARKOWITZ	DIRECTOR	2.00	Director	$0	$0	$0
ELI HAZAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSH DONOVAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSE M COLON	DIRECTOR	2.00	Director	$0	$0	$0
ELAYNE MCCLAINE	DIRECTOR	2.00	Director	$0	$0	$0
LINA DUQUE	DIRECTOR	2.00	Director	$0	$0	$0
NUNO FRANCISCO	DIRECTOR	2.00	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
2025	$10,033,664	$8,520,782	$28,211,685	$1,512,882
2024	$9,380,128	$7,094,674	$25,533,037	$2,285,454
2024	$9,380,128	$7,094,674	$25,533,037	$2,285,454
2023	$7,689,672	$6,848,275	$25,229,149	$841,397
2022	$6,990,508	$6,525,587	$33,579,764	$464,921
2021	$14,574,637	$5,762,108	$91,160,866	$8,812,529
2020	$6,458,396	$4,407,629	$42,753,025	$2,050,767
2019	$4,625,626	$3,649,216	$11,129,252	$976,410
2018	$4,087,954	$3,560,674	$10,756,464	$527,280

TRENTON BUSINESS ASSISTANCE CORP REGIONAL BUSINESS ASSISTANCE CORP