QUINCY BUSINESS & TECHNOLOGY CORP (EIN 371188993) - 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

1985

Legal Domicile

Principal Officer

ERIC THOMAS

Phone

2172285500

Tax Period

2022-07-01 to 2023-06-30

QUINCY BUSINESS & TECHNOLOGY CORP, founded in 1985, is a small nonprofit in the Community Improvement sector that reported $256K in total revenue in fiscal year 2022. Net assets of $1.0M represent 48 months of operating reserves.

Mission

THE QUINCY BUSINESS AND TECHNOLOGY CENTER ENHANCES ECONOMIC DEVELOPMENT BY COMBINING THE ENTREPRENEURIAL DRIVE OF EMERGING BUSINESSES WITH THE SERVICES AND RESOURCES NEEDED FOR SUCCESS AND SUSTAINED GROWTH.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $252,341

Investment Income $0

Other Revenue $3,854

TOTAL REVENUE $256,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,991

Fundraising Expenses $0

Program Expenses $264,463

Other Expenses $232,160

TOTAL EXPENSES $270,151

Year-over-Year Comparison

	2022	2021	Change
Revenue	$256,195	$240,102	+0.1%
Expenses	$270,151	$266,653	+0.0%
Net Income	$-13,956	$-26,551	-0.5%

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

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
CHARLES BELL	DIRECTOR	15.00	Director	$0	$0	$0
PHIL CONOVER	DIRECTOR	0.10	Director	$0	$0	$0
ANTHONY CRANE	DIRECTOR	0.10	Director	$0	$0	$0
AMY GRAY	TREASURER	0.50	Officer Director	$0	$0	$0
ROGER LEENERTS	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
BILL MCCLEERY	SECRETARY	0.50	Officer Director	$0	$0	$0
DAVE RAKERS	DIRECTOR	0.10	Director	$0	$0	$0
BRYAN RENFRO	DIRECTOR	0.10	Director	$0	$0	$0
CATHY SCHLUCKEBIER	DIRECTOR	0.10	Director	$0	$0	$0
ERIC THOMAS	PRESIDENT	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$256,195	$270,151	$1,102,145	$-13,956
2022	$240,102	$266,653	$1,135,285	$-26,551
2021	$351,191	$256,230	$1,179,764	$94,961
2020	$255,945	$238,478	$1,106,832	$17,467
2019	$220,610	$254,081	$1,104,958	$-33,471

QUINCY BUSINESS & TECHNOLOGY CORP