Bound Brook Revitalization Partnership (EIN 473414437) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Natalie Pineiro

Phone

7327489000

Tax Period

2023-01-01 to 2023-12-31

Bound Brook Revitalization Partnership, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $306K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $284K left a modest 7% surplus.

Mission

Improve the economic potential of all businesses located within the Special Improvement District and those who will be a part of the future of Bound Brook.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,050

Program Service Revenue $273,173

Investment Income $0

Other Revenue $0

TOTAL REVENUE $306,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,863

Fundraising Expenses $0

Program Expenses $284,347

Other Expenses $199,484

TOTAL EXPENSES $284,347

Year-over-Year Comparison

	2023	2022	Change
Revenue	$306,223	$184,741	+0.7%
Expenses	$284,347	$164,210	+0.7%
Net Income	$21,876	$20,531	+0.1%

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

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
Marissella Gallardo-Morris	Chairperson	2.00	Director	$0	$0	$0
Curt Schmidt	Vice Chairperson	2.00	Director	$0	$0	$0
Wendy Spinner	Treasurer	2.00	Director	$0	$0	$0
Mary Swarbrick	Trustee	2.00	Director	$0	$0	$0
John Flanagan	Trustee	2.00	Director	$0	$0	$0
Abel Gomez	Trustee	2.00	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
2023	$306,223	$284,347	$105,279	$21,876
2021	$184,741	$163,210	$36,559	$21,531
2020	$171,965	$164,804	$20,683	$7,161
2019	$151,218	$147,653	$13,919	$3,565
2018	$186,264	$184,485	$26,191	$1,779

Bound Brook Revitalization Partnership