BROWNSVILLE AREA REVITALIZATION COR (EIN 251621208) - 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

1989

Legal Domicile

Principal Officer

DREW HARBAUGH

Phone

7247858626

Tax Period

2024-01-01 to 2024-12-31

BROWNSVILLE AREA REVITALIZATION COR, founded in 1989, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $66K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $98K exceeded revenue, resulting in a 47% operating deficit.

Mission

PROMOTE, ORGANIZE,DIRECT,AND COORDINATE THE ECONOMIC REVITALIZATION AND REDEVELOPMENT OF THE 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 $25,639

Program Service Revenue $37,425

Investment Income $0

Other Revenue $3,384

TOTAL REVENUE $66,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,212

Fundraising Expenses $395

Program Expenses $86,298

Other Expenses $80,443

TOTAL EXPENSES $97,655

Year-over-Year Comparison

	2024	2023	Change
Revenue	$66,448	$59,208	+0.1%
Expenses	$97,655	$95,127	+0.0%
Net Income	$-31,207	$-35,919	-0.1%

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
DREW HARBAUGH	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOLENE HOUGH	SECRETARY	N/A	Officer Director	$0	$0	$0
TAMI SEALY	VICE PRESIDE	N/A	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	$66,448	$97,655	$745,081	$-31,207
2023	$59,208	$95,127	$765,116	$-35,919
2022	$238,395	$100,055	$801,276	$138,340
2021	$76,141	$90,366	$658,740	$-14,225
2020	$73,534	$95,486	$760,769	$-21,952
2019	$158,940	$1,467,454	$792,920	$-1,308,514
2018	$330,390	$198,310	$2,164,018	$132,080

BROWNSVILLE AREA REVITALIZATION COR