WOMEN'S BUSINESS DEVELOPMENT CENTER INC (EIN 650888472) - 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

1998

Legal Domicile

Principal Officer

NANCY ALLEN

Phone

7865933722

Tax Period

2023-01-01 to 2023-12-31

WOMEN'S BUSINESS DEVELOPMENT CENTER INC, founded in 1998, is a small nonprofit in the Employment sector that reported $843K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 15% operating margin.

Mission

PROVIDE BUSINESS TRAINING, TECHNICAL ASSITANCE, ACCESS TO FINANCING AND THE CERTIFICATION OF WOMEN-OWNED BUSINESSES.

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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 $194,381

Program Service Revenue $648,491

Investment Income $44

Other Revenue $0

TOTAL REVENUE $842,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $405,574

Fundraising Expenses $0

Program Expenses $654,671

Other Expenses $307,011

TOTAL EXPENSES $712,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$842,916	$684,689	+0.2%
Expenses	$712,585	$674,505	+0.1%
Net Income	$130,331	$10,184	+11.8%

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

$209,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY ALLEN	PRESIDENT & CEO	40.00	Officer	$178,478	$31,472	$209,950
TERRI HALL	CHAIR	1.00	Officer Director	$0	$0	$0
BUFFY A BUTLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SAMINE JERNIGAN	TREASURER	1.00	Officer Director	$0	$0	$0
ALLEN HALL	SECRETARY	1.00	Officer Director	$0	$0	$0
SAM HINES	PAST CHAIR	1.00	Director	$0	$0	$0
VICKIE FRAZIER WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
MARIA LEON	DIRECTOR	1.00	Director	$0	$0	$0
ALYCE ZAHNISER	DIRECTOR	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	$842,916	$712,585	$420,520	$130,331
2022	$684,689	$674,505	$199,846	$10,184
2021	$632,398	$631,109	$196,810	$1,289
2020	$653,928	$590,676	$225,321	$63,252
2019	$519,032	$557,708	$145,038	$-38,676
2018	$502,057	$552,832	$182,395	$-50,775

WOMEN'S BUSINESS DEVELOPMENT CENTER INC