MARKET BUILDING FOUNDATION INC C/O HALL ASSOCIATES INC

EIN: 272763795 501(c)(3) Community Improvement

ROANOKE, VA

Total Revenue
$285,014
Total Expenses
$545,106
Total Assets
$6,880,818
Net Assets
$6,809,727
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
VA
Principal Officer
ELLIOT BROYLES
Phone
5408536486
Tax Period
2023-01-01 to 2023-12-31

MARKET BUILDING FOUNDATION INC C/O HALL ASSOCIATES INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $285K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $545K exceeded revenue, resulting in a 91% operating deficit.

Mission

TO PRESERVE THE HISTORIC AND ARCHITECTURAL CHARACTER OF THE COMMUNITY THROUGH THE REHABILITATION, MAINTENANCE, AND MANAGEMENT OF THE ROANOKE CITY MARKET BUILDING, A HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT PROPERTY CRITICAL TO ECONOMIC DEVELOPMENT AND STABILITY OF THE HISTORIC DOWNTOWN MARKET AREA IN THE CITY OF ROANOKE, VIRGINIA.

Program Service Accomplishments

Program 1
Expenses: $490,187

RENTAL OF RETAIL, RESTAURANT, EVENT AND MEETING SPACES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $300,000
Program Service Revenue $0
Investment Income $4,299
Other Revenue $-19,285
TOTAL REVENUE $285,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,365
Fundraising Expenses $0
Program Expenses $490,187
Other Expenses $391,741
TOTAL EXPENSES $545,106

Year-over-Year Comparison

2023 2022 Change
Revenue $285,014 $300,583 -0.1%
Expenses $545,106 $504,226 +0.1%
Net Income $-260,092 $-203,643 +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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
N/A

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
6
$92,221
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLIOT BROYLES EXECUTIVE DI 40.00
Officer
$92,221 $0 $92,221
JOSEPHINE ARBAUGH CHAIR 1.00
Officer Director
$0 $0 $0
H LAWRENCE DAVIDSON SECRETARY 1.00
Officer Director
$0 $0 $0
PRICE GUTSHALL PAST CHAIR 1.00
Officer Director
$0 $0 $0
LOIS JAMES VICE CHAIR 1.00
Officer Director
$0 $0 $0
BRIAN MANN BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA MAYS TREASURER 1.00
Officer Director
$0 $0 $0
TONY PEARMAN BOARD MEMBER 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 $285,014 $545,106 $6,880,818 $-260,092
2022 $300,583 $504,226 $7,128,715 $-203,643
2021 $338,279 $501,794 $7,335,118 $-163,515
2020 $303,247 $479,347 $7,495,548 $-176,100
2019 $-201,830 No data $7,578,673 No data
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MARKET BUILDING FOUNDATION INC C/O HALL ASSOCIATES INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.