COMMUNITY BUSINESS PARTNERSHIP INC

EIN: 541760384 501(c)(3) Arts, Culture & Humanities

SPRINGFIELD, VA

Total Revenue
$762,677
Total Expenses
$1,107,293
Total Assets
$3,537,372
Net Assets
$2,130,667
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
ROBERT LEMAY
Phone
7037681440
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY BUSINESS PARTNERSHIP INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $763K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 45% operating deficit.

Mission

PROVIDE TECHNICAL AND FINANCIAL ASSISTANCE TO SMALL BUSINESSES.

Program Service Accomplishments

Program 1
Expenses: $335,913 Revenue: $36,308

BUSINESS FINANCE CENTER (BFC): PROVIDES FINANCIAL EDUCATION AND TRAINING OPPORTUNITIES AS WELL AS ALTERNATIVE DEBT FINANCING FOR BUSINESS SEEKING TO GROW AND EXPAND. NEW RAPID RESPONSE LOANS WERE...

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BUSINESS FINANCE CENTER (BFC): PROVIDES FINANCIAL EDUCATION AND TRAINING OPPORTUNITIES AS WELL AS ALTERNATIVE DEBT FINANCING FOR BUSINESS SEEKING TO GROW AND EXPAND. NEW RAPID RESPONSE LOANS WERE MADE AVAILABLE THROUGH THE SMALL BUSINESS ASSOCIATION'S COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND.

Program 2
Expenses: $25,707

WOMEN'S BUSINESS CENTER (WBC): PROVIDES BUSINESS COUNSELING, TECHNICAL ASSISTANCE, AND TRAINING OPPORTUNITIES TO WOMEN IN BUSINESS AND THOSE CONSIDERING STARTING A BUSINESS. DONATED SERVICES TO THE...

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WOMEN'S BUSINESS CENTER (WBC): PROVIDES BUSINESS COUNSELING, TECHNICAL ASSISTANCE, AND TRAINING OPPORTUNITIES TO WOMEN IN BUSINESS AND THOSE CONSIDERING STARTING A BUSINESS. DONATED SERVICES TO THE CENTER TOTALED $2,178.

Program 3
Expenses: $177,186 Revenue: $87,738

BUSINESS INCUBATION CENTER (BIC): CREATED TO FOSTER REGIONAL ECONOMIC DEVELOPMENT BY SUPPORTING ENTREPRENEURS AND SMALL/DISADVANTAGED BUSINESSES BY PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE...

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BUSINESS INCUBATION CENTER (BIC): CREATED TO FOSTER REGIONAL ECONOMIC DEVELOPMENT BY SUPPORTING ENTREPRENEURS AND SMALL/DISADVANTAGED BUSINESSES BY PROVIDING MANAGERIAL AND TECHNICAL ASSISTANCE, FLEXIBLE OFFICE RENTAL RATES, AND SHARED ACCESS TO BASIC OFFICE SERVICES AND EQUIPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $547,983
Program Service Revenue $219,688
Investment Income $-6,958
Other Revenue $1,964
TOTAL REVENUE $762,677

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $559,666
Other Expenses $1,107,293
TOTAL EXPENSES $1,107,293

Year-over-Year Comparison

2024 2023 Change
Revenue $762,677 $845,455 -0.1%
Expenses $1,107,293 $1,188,343 -0.1%
Net Income $-344,616 $-342,888 +0.0%
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

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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
9
Independent Members
8
Employees
N/A
Volunteers
1

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT LEMAY CHAIRMAN 4.00
Officer Director
$0 $0 $0
KAREN SMAW VICE CHAIRMAN 4.00
Officer Director
$0 $0 $0
RAFAEL MARTINEZ SECRETARY-TREASURER 4.00
Officer Director
$0 $0 $0
DIANE DEMPSEY DIRECTOR 4.00
Director
$0 $0 $0
ROBIN VALENTINE DIRECTOR 4.00
Director
$0 $0 $0
JOHN ASHKAR DIRECTOR 4.00
Director
$0 $0 $0
THOMAS NTUK DIRECTOR 4.00
Director
$0 $0 $0
TIFFANY HOSEY DIRECTOR 4.00
Director
$0 $0 $0
JODY KEENAN EX-OFFICIO MEMBER 4.00
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
2025 $762,677 $1,107,293 $3,537,372 $-344,616
2024 No data No data No data No data
2023 $1,190,538 $1,078,907 $4,457,755 $111,631
2022 $2,862,044 $1,847,761 $3,584,261 $1,014,283
2021 $55,247,461 $54,466,004 $2,560,570 $781,457
2020 $1,605,180 $1,341,358 $3,850,134 $263,822
2019 $1,477,718 $1,336,613 $1,283,995 $141,105
2018 $1,432,643 $1,498,361 $1,092,140 $-65,718
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