GBFB REALTY CORPORATION (EIN 262739194) - 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

PRANITA AMARASINGHE

Phone

6174275200

Tax Period

2024-10-01 to 2025-09-30

GBFB REALTY CORPORATION, founded in 2008, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $4K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $783K exceeded revenue, resulting in a 18767% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND OPERATE FOR THE BENEFIT OF GREATER BOSTON FOOD BANK, INC. A 501(C)(3) CORPORATION, WHICH IS ITS SOLE MEMBER.

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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 $0

Program Service Revenue $1,000

Investment Income $3,149

Other Revenue $0

TOTAL REVENUE $4,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $782,789

Other Expenses $782,789

TOTAL EXPENSES $782,789

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,149	$3,384	+0.2%
Expenses	$782,789	$889,387	-0.1%
Net Income	$-778,640	$-886,003	-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

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

$1,003,024

Total Directors

$809,773

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL PARATORE	CHAIR AND TREASURER	2.00	Officer Director	$0	$0	$0
JOHN CORE	DIRECTOR	1.00	Director	$0	$0	$0
PRANITA AMARASINGHE	CFO/DIRECTOR	2.00	Officer Director	$0	$5,175	$375,639
CHERYL ANNE OLDFIELD-SCHONDEK	DIRECTOR	2.00	Director	$0	$5,293	$434,134
CATHERINE D'AMATO	PRESIDENT AND CLERK	2.00	Officer	$0	$9,151	$627,385

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	$4,149	$782,789	$12,000,393	$-778,640
2024	$3,384	$889,387	$12,779,033	$-886,003
2023	$-15,676	$996,889	$13,664,953	$-1,012,565
2022	$1,176	$997,098	$14,677,518	$-995,922
2021	$1,175	$997,098	$15,673,440	$-995,923
2020	$1,251	$997,098	$16,669,363	$-995,847
2019	$1,721	$997,134	$17,665,210	$-995,413
2018	$1,357	$997,225	$18,660,623	$-995,868

GBFB REALTY CORPORATION