BALTIMORE COMMUNITY LENDING INC (EIN 521632468) - 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

1989

Legal Domicile

Principal Officer

WATCHEN HARRIS BRUCE

Phone

4107278590

Tax Period

2024-07-01 to 2025-06-30

BALTIMORE COMMUNITY LENDING INC, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $8.8M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $10.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF BALTIMORE COMMUNITY LENDING IS TO SUPPORT REVITALIZATION AND STRENGTHENING OF UNDERSERVED BALTIMORE NEIGHBORHOODS THROUGH INNOVATIVE AND FLEXIBLE FINANCIAL ASSISTANCE DESIGNED TO FOSTER COMMUNITY 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,234,648

Program Service Revenue $2,415,378

Investment Income $156,956

Other Revenue $-2,385

TOTAL REVENUE $8,804,597

Expense Breakdown

Grants Paid $1,853,500

Salaries & Benefits $2,393,438

Fundraising Expenses $240,378

Program Expenses $8,251,033

Other Expenses $5,778,050

TOTAL EXPENSES $10,024,988

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,804,597	$6,394,581	+0.4%
Expenses	$10,024,988	$5,248,201	+0.9%
Net Income	$-1,220,391	$1,146,380	-2.1%

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

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

$199,389

Total Directors

$199,389

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WATCHEN HARRIS BRUCE	PRESIDENT AND CEO	40.00	Officer Director	$199,389	$0	$199,389
MICHAEL TAGG	BOARD CHAIR	0.30	Director	$0	$0	$0
ALEX AARON	BOARD VICE CHAIR	0.30	Director	$0	$0	$0
ANTONY GROSS	TREASURER	0.30	Director	$0	$0	$0
LINDA HARRINGTON	SECRETARY	0.30	Director	$0	$0	$0
ALICE KENNEDY	BOARD MEMBER	0.30	Director	$0	$0	$0
GERARD JOAB	BOARD MEMBER	0.30	Director	$0	$0	$0
JEFFREY C WILKE	BOARD MEMBER	0.30	Director	$0	$0	$0
PAUL T GRAZIANO	BOARD MEMBER	0.30	Director	$0	$0	$0
MICHAEL F ALLEN	BOARD MEMBER	0.30	Director	$0	$0	$0
CLARENCE J SNUGGS	CHIEF OPERATING OFFICER	40.00	Highest	$145,487	$0	$145,487
SEAN E L RUSSELL	CHIEF LENDING OFFICER	40.00	Highest	$125,634	$0	$125,634
SUSAN E KELLY	CHIEF FINANCIAL OFFICER	40.00	Highest	$130,654	$0	$130,654
BONNIE J CROCKETT	DIRECTOR OF SMALL BUSINESS	40.00	Highest	$112,316	$0	$112,316

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	$8,804,597	$10,024,988	$44,380,351	$-1,220,391
2024	$6,394,581	$5,248,201	$40,362,956	$1,146,380
2023	$4,865,383	$3,975,555	$37,305,565	$889,828
2022	$4,977,119	$2,590,915	$32,545,900	$2,386,204
2021	$4,188,946	$3,499,320	$27,611,134	$689,626
2020	$2,349,981	$2,178,836	$24,218,004	$171,145
2019	$1,554,886	$1,627,146	$20,439,156	$-72,260

BALTIMORE COMMUNITY LENDING INC