BUILDING BRIDGES DEVELOPMENT CORPORATION (EIN 474694291) - 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

2015

Legal Domicile

Principal Officer

RAHSAAN BERNARD

Phone

2028895901

Tax Period

2023-01-01 to 2023-12-31

BUILDING BRIDGES DEVELOPMENT CORPORATION, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.4M in total revenue in fiscal year 2023. Revenue surged 1784% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.7M, a strong 92% operating margin.

Mission

SEE PART III, LINE 1.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,418,938

Program Service Revenue $0

Investment Income $30

Other Revenue $0

TOTAL REVENUE $9,418,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $738,275

Other Expenses $738,275

TOTAL EXPENSES $738,275

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,418,968	$500,004	+17.8%
Expenses	$738,275	$1,401,814	-0.5%
Net Income	$8,680,693	$-901,810	-10.6%

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

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

$597,971

Total Directors

$39,448

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM T SKIP MCMAHON	CO-FOUNDER	2.00	Officer Director	$0	$0	$39,448
JEFFERY P CAPRON	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
SCOTT KRATZ	DIRECTOR OF 11TH ST BRIDGE	1.00	Officer	$0	$19,380	$191,874
RAHSAAN BERNARD	PRESIDENT AND CEO	1.00	Officer	$0	$45,100	$366,649

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	$9,418,968	$738,275	$25,977,572	$8,680,693
2022	$500,004	$1,401,814	$26,808,289	$-901,810
2021	$15,592	$1,401,685	$27,709,969	$-1,386,093
2020	$861,544	$1,401,676	$29,096,062	$-540,132
2019	$500,001	$1,937,785	$29,636,194	$-1,437,784
2018	$500,002	$1,237,980	$31,073,978	$-737,978

BUILDING BRIDGES DEVELOPMENT CORPORATION