BETHURSDAY DEVELOPMENT CORPORATION (EIN 582122958) - 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

2005

Legal Domicile

Principal Officer

REV KENNY M ALEXANDER

Tax Period

2023-01-01 to 2023-12-31

BETHURSDAY DEVELOPMENT CORPORATION, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $165K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Net assets of $1.9M represent 141 months of operating reserves.

Mission

NEIGHBORHOOD REDEVELOPMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $98,570

Program Service Revenue $6,038

Investment Income $0

Other Revenue $60,000

TOTAL REVENUE $164,608

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,524

Fundraising Expenses $0

Program Expenses $79,428

Other Expenses $37,817

TOTAL EXPENSES $166,341

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,608	$198,551	-0.2%
Expenses	$166,341	$203,105	-0.2%
Net Income	$-1,733	$-4,554	-0.6%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
R LEANDRAS JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
CALVIN BOOKER	BOARD MEMBER	2.00	Director	$0	$0	$0
REV ED LONDON	BOARD MEMBER	2.00	Director	$0	$0	$0
MYRTLE DANSBY	BOARD MEMBER	2.00	Director	$0	$0	$0
KEITH MORTON	BOARD MEMBER	2.00	Director	$0	$0	$0
JOE BEASLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
BENNY WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
RODNEY FLOYD	BOARD MEMBER	2.00	Director	$0	$0	$0
REV KENNY M ALEXANDER	CHAIRMAN	5.00	Officer	$0	$0	$0
DR LEE BAKER	VICE CHAIRMAN	4.00	Officer	$0	$0	$0
GARRY MOTT	CHIEF FINANCIAL OFFICER	8.00	Officer	$0	$0	$0
RANDALL WILSON	TREASURER	10.00	Officer	$0	$0	$0
EVELYN ROBERTS	SECRETARY	5.00	Officer	$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	$164,608	$166,341	$1,938,347	$-1,733
2022	$198,551	$203,105	$1,939,704	$-4,554
2021	$155,454	$174,656	$1,944,258	$-19,202
2020	$53,346	$196,188	$1,963,460	$-142,842
2019	$2,831,106	$258,375	$2,085,551	$2,572,731
2018	$413,722	$85,071	$3,985,015	$328,651

BETHURSDAY DEVELOPMENT CORPORATION