URBAN IMPACT OF BLACK ROCK INCORPORATED

EIN: 263645477 501(c)(3) Housing & Shelter

BRIDGEPORT, CT

Total Revenue
$268,536
Total Expenses
$305,714
Total Assets
$257,631
Net Assets
$232,594
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CT
Principal Officer
ROBERT NIEDERMEIER
Phone
2032570431
Tax Period
2024-01-01 to 2024-12-31

URBAN IMPACT OF BLACK ROCK INCORPORATED, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $269K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $306K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO OFFER YOUTH FROM THE BRIDGEPORT PT BARNUM PUBLIC HOUSING COMPLEX EDUCATIONAL OPPORTUNITIES THROUGH 'IN-SCHOOL' & 'AFTER-SCHOOL' ACTIVITIES. THESE INCLUDE ONE-ON-ONE AND SMALL GROUP TUTORING AND MENTORING WITH THE PURPOSE OF HELPING YOUTH ACHIEVE ACADEMIC SUCCESS, DEVELOP POSITIVE CHARACTER TRAITS AND LEAD A FULFILLING LIFE.

Program Service Accomplishments

Program 1
Expenses: $12,990

5 LOAVES: THE 5 LOAVES PROGRAM IN ESSENCE IS A COOKING PROGRAM ONTUESDAY NIGHTS THAT PREPARES AMAZING "HOME-COOKED" MEALS FOR ABOUT 100YOUNG STUDENTS ATTENDING OUR PRIME TIME MENTORING PROGRAM. THE...

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5 LOAVES: THE 5 LOAVES PROGRAM IN ESSENCE IS A COOKING PROGRAM ONTUESDAY NIGHTS THAT PREPARES AMAZING "HOME-COOKED" MEALS FOR ABOUT 100YOUNG STUDENTS ATTENDING OUR PRIME TIME MENTORING PROGRAM. THE TEAMCOOKS A MEAL EACH TUESDAY NIGHT FOR THE PRIMETIME KIDS AT THE GERALDINECLAYTOR MAGNET ACADEMY. VOLUNTEERS ARE NEEDED TO HELP GATHER SUPPLIESFOR THE WEEK, PREPARE AND HELP COOK WHERE NEEDED. SET UP WILL START ATAPPROXIMATELY 4:30 PM AND END AT 7:30 PM ON TUESDAY NIGHTS. TIME SLOTS ARE AVAILABLE AS LATE AS 6:00 PM 7:30 PM.

Program 2
Expenses: $5,418

PRIMETIME: PRIMETIME IS A YOUTH-BASED PROGRAM FOCUSED ON KIDS RANGINGFROM 2ND TO 8TH GRADE AT GERALDINE CLAYTOR MAGNET ACADEMY, UP THESTREET FROM THE PT BARNUM APARTMENTS IN BRIDGEPORT. THE PROGRAM...

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PRIMETIME: PRIMETIME IS A YOUTH-BASED PROGRAM FOCUSED ON KIDS RANGINGFROM 2ND TO 8TH GRADE AT GERALDINE CLAYTOR MAGNET ACADEMY, UP THESTREET FROM THE PT BARNUM APARTMENTS IN BRIDGEPORT. THE PROGRAM ISBUILT ON A STEADY CURRICULUM OF ACTIVITIES, SPORTS AND BIBLE STUDY FROM5:30 PM TO 7:00 PM FOR GRADES 2-5 AND FROM 6:30 PM TO 8:00 PM FORGRADES 6-8 ON TUESDAY NIGHTS. WE ALSO HAVE A HIGH SCHOOL PROGRAM ONMONDAY NIGHTS FROM 6:00 PM - 8:00 PM. IT ALSO PROVIDES A WARM MEAL,WHICH THE KIDS TRULY APPRECIATE. THIS AGE RANGE IS TRANSFORMATIVE FORMANY KIDS. MENTORSHIP IS STRONGLY, STRONGLY NEEDED.

Program 3
Expenses: $4,279

XLR8: MANY STUDENTS ARE NOT GIVEN THE PROPER ATTENTION TO CULTIVATETHEIR LEARNING EXPERIENCE IN SCHOOL. WE BELIEVE EDUCATION IS A LADDERAND IF A STUDENT MISSES A STEP WITHOUT PROPER GUIDANCE, THEY...

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XLR8: MANY STUDENTS ARE NOT GIVEN THE PROPER ATTENTION TO CULTIVATETHEIR LEARNING EXPERIENCE IN SCHOOL. WE BELIEVE EDUCATION IS A LADDERAND IF A STUDENT MISSES A STEP WITHOUT PROPER GUIDANCE, THEY CANNOTMOVE ON. WITH XLR8, WE TRY TO BRIDGE THAT GAP FOR THESE STUDENTS ANDSTRIVE TO SET THEM UP FOR SUCCESS IN SCHOOL WITH POSITIVEREINFORCEMENT. FROM LEARNING KEYBOARD SKILLS TO DOING WORKSHEETS XLR8 WORKS TO EQUIP STUDENTS WITH THE TOOLS TO SHINE IN THE CLASSROOM.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $268,521
Program Service Revenue $0
Investment Income $15
Other Revenue $0
TOTAL REVENUE $268,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $157,966
Fundraising Expenses $7,177
Program Expenses $266,354
Other Expenses $147,748
TOTAL EXPENSES $305,714

Year-over-Year Comparison

2024 2023 Change
Revenue $268,536 $309,654 -0.1%
Expenses $305,714 $333,414 -0.1%
Net Income $-37,178 $-23,760 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
92

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR SHANNON KELLEY SECRETARY/BOARD MEMBER 5.00
Officer Director
$0 $0 $0
TRICIA DISCOLL TREASURER/BOARD MEMBER 5.00
Officer Director
$0 $0 $0
VINCENT LOPIANO BOARD MEMBER 5.00
Director
$0 $0 $0
JEREMY TAYLOR BOARD CHAIRMAN 5.00
Director
$0 $0 $0
SONYA HARRIS-JAGENBERG BOARD MEMBER 5.00
Director
$0 $0 $0
STEVE THORNE BOARD ADVISOR 5.00
Director
$0 $0 $0
BOB NIEDERMEIER EXECUTIVE DIRECTOR 7.00
Officer
$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 No data No data No data No data
2024 $268,536 $305,714 $257,631 $-37,178
2023 $309,654 $333,414 $279,595 $-23,760
2022 $316,826 $322,808 $303,373 $-5,982
2021 $270,864 $251,360 $310,876 $19,504
2020 $266,799 $239,913 $284,845 $26,886
2019 $254,265 $191,700 $240,234 $62,565
2018 $230,252 $190,880 $179,568 $39,372
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