BANK INFORMATION CENTER

EIN: 521682441 501(c)(3) Unknown

WASHINGTON, DC

Total Revenue
$2,911,758
Total Expenses
$2,767,021
Total Assets
$3,138,226
Net Assets
$1,925,128
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
DC
Tax Period
2023-01-01 to 2023-12-31

BANK INFORMATION CENTER, founded in 1988, is a community nonprofit in the Unknown sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 94% from the prior year, signaling strong growth momentum. Expenses of $2.8M left a modest 5% surplus.

Mission

THE BANK INFORMATION CENTER'S MISSION IS TO PROMOTE SOCIAL, ECOLOGICAL JUSTICE BY AMPLIFYING LOCAL VOICES AND DEMOCRATIZING DEVELOPMENT. BIC ACVOCATES FOR GREATER TRANSPARENDY, ACCOUNTABILITY, SUSTAINABILITY AND INCLUSION AT THE MULTILATERAL DEVELOPMENT BANKS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,812,831
Program Service Revenue $0
Investment Income $98,927
Other Revenue $0
TOTAL REVENUE $2,911,758

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,562,809
Fundraising Expenses $53,090
Program Expenses $2,505,669
Other Expenses $1,204,212
TOTAL EXPENSES $2,767,021

Year-over-Year Comparison

2023 2022 Change
Revenue $2,911,758 $1,503,355 +0.9%
Expenses $2,767,021 $2,510,072 +0.1%
Net Income $144,737 $-1,006,717 -1.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
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
0
$0
Total Directors
9
$146,738
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELANA BERGER Executive Dir. 40.00
Director
$146,738 $0 $146,738
GUNILA OLSSON BOARD MEMBER 1.00
Director
$0 $0 $0
FATUMA IBRAHIM BOARD MEMBER 1.00
Director
$0 $0 $0
MARTI FLACKS BOARD MEMBER 1.00
Director
$0 $0 $0
STEWART ROSS Treasurer 1.00
Director
$0 $0 $0
JOSHUA LICHTENSTEIN Chairman 1.00
Director
$0 $0 $0
IMAD SADI BOARD MEMBER 1.00
Director
$0 $0 $0
JUDY GEARHART BOARD MEMBER 1.00
Director
$0 $0 $0
KINDRA MOHR BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $2,911,758 $2,767,021 $3,138,226 $144,737
2022 $1,503,355 $2,510,072 $3,158,517 $-1,006,717
2021 $2,106,901 $2,101,960 $3,316,914 $4,941
2020 $3,339,165 $1,802,362 $3,208,847 $1,536,803
2019 $1,408,260 $1,726,597 $1,531,584 $-318,337
2018 $1,166,061 $1,635,995 $1,737,786 $-469,934
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