ROCKY MOUNT BUSINESS DEVELOPMENT A… - Form 990 Financial Data

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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

1960

Legal Domicile

Principal Officer

C SAUNDERS ROBERSON JR

Phone

2529721330

Tax Period

2019-01-01 to 2019-12-31

Mission

TO ALLEVIATE UNEMPLOYMENT IN THE CITY OF ROCKY MOUNT BY FOSTERING AND PROMOTING BUSINESS AND INDUSTRY AND DEVELOPING COMMERCE AND TRADE.

Program Service Accomplishments

Program 1

LOANED MONEY TO THE DOUGLAS BLOCK INVESTMENT FUND, LLC WHICH WILL ENABLE THE ENTITY TO PARTNER WITH OTHER ENTITIES IN THE REDEVELOPMENT OF THE DOUGLAS BLOCK AREA OF ROCKY MOUNT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2019	2018	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C SAUNDERS ROBERSON JR	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
LEA DIANE HENRY	DIRECTOR	1.00	Director	$0	$0	$0
BLAKE THARIN	DIRECTOR	1.00	Director	$0	$0	$0
HERMAN T JONES	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN LARRY CEDARBERG	DIRECTOR	1.00	Director	$0	$0	$0
PETER F VARNEY	DIRECTOR	1.00	Director	$0	$0	$0
JEAN M BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE D SMALL-TONEY	EX-OFFICIO	1.00	Director	$0	$0	$0
AMY STATON	EX-OFFICIO	1.00	Director	$0	$0	$0
CHRIS MILLER	EX-OFFICIO	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
2019	No data	No data	No data	No data
2018	No data	No data	No data	No data

ROCKY MOUNT BUSINESS DEVELOPMENT AUTHORITY