Be Ready Community Development Corporation (EIN 510381849) - 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

1998

Legal Domicile

Principal Officer

MARGARET MOON

Phone

3026552700

Tax Period

2023-01-01 to 2023-12-31

Be Ready Community Development Corporation, founded in 1998, is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $232K, a strong 23% operating margin.

Mission

TO REVITALIZE LOCAL COMMUNITIES BY PROVIDING HOUSING, EDUCATION, SOCIAL SERVICES, AND RECREATION.

🔒

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 $591,819

Program Service Revenue $14,752

Investment Income $535

Other Revenue $421,436

TOTAL REVENUE $1,028,542

Expense Breakdown

Grants Paid $401,600

Salaries & Benefits $25,327

Fundraising Expenses $12,554

Program Expenses $770,651

Other Expenses $369,788

TOTAL EXPENSES $796,715

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,028,542	$1,430,946	-0.3%
Expenses	$796,715	$272,539	+1.9%
Net Income	$231,827	$1,158,407	-0.8%

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

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

$25,327

Total Directors

$25,327

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
emmanuel Deshields	president	20.0	Officer Director	$16,084	$0	$16,084
Regina Rhodes	Secretary	4.0	Officer Director	$9,243	$0	$9,243
margaret Moon	vice President	20.0	Officer Director	$0	$0	$0
Sarah Johnson	Treasurer	4.0	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
2023	$1,028,542	$796,715	$5,134,064	$231,827
2022	$1,430,946	$272,539	$4,961,010	$1,158,407
2021	$326,024	$182,367	$2,534,317	$143,657
2020	$656,577	$148,795	$1,630,248	$507,782
2019	$735,953	$64,670	$705,482	$671,283

Be Ready Community Development Corporation