BENJAMIN BANNEKER DEVELOPMENT CORPORATION

EIN: 520260476 501(c)(3)

WASHINGTON, DC

Total Revenue
$4,000
Total Expenses
$411,397
Total Assets
$2,259,607
Net Assets
$2,259,607
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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
1980
Legal Domicile
DC
Principal Officer
RICHARD POWELL
Phone
2024834986
Tax Period
2018-10-01 to 2019-09-30

BENJAMIN BANNEKER DEVELOPMENT CORPORATION, founded in 1980, is a micro nonprofit that reported $4K in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $411K exceeded revenue, resulting in a 10185% operating deficit.

Mission

COMMUNITY BUSINESS DEVELOPMENT

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $4,000
Other Revenue $0
TOTAL REVENUE $4,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $317,285
Fundraising Expenses $0
Program Expenses $358,082
Other Expenses $94,112
TOTAL EXPENSES $411,397

Year-over-Year Comparison

2018 2017 Change
Revenue $4,000 $72,806 -0.9%
Expenses $411,397 N/A N/A
Net Income $-407,397 $72,806 -6.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
4

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
1
$2,950
Total Directors
5
$134,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD POWELL PRESIDENT 20.00
Officer Director
$0 $2,950 $2,950
GERALDINE BELL MEMBER 2.00
Director
$0 $2,950 $2,950
JOHNNY BARNES MEMBER 2.00
Director
$0 $2,950 $2,950
KWASI FRYE MEMBER 2.00
Director
$120,000 $0 $120,000
NAKIA REED MEMBER 2.00
Director
$0 $5,950 $5,950
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 $4,000 $411,397 $2,259,607 $-407,397
2018 $72,806 $398,433 $2,668,104 $-325,627
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