BOYNTON BEACH FAITH BASED COMMUNITY DEVELOPMENT CORPORATION (EIN 650971509) - 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

1999

Legal Domicile

Principal Officer

CHRISTOPHER PLUMMER

Phone

5617520303

Tax Period

2023-10-01 to 2024-09-30

BOYNTON BEACH FAITH BASED COMMUNITY DEVELOPMENT CORPORATION, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 47% operating deficit.

Mission

To develop sustainable communities that include home ownership opportunities, real estate development, financial education, and youth empowerment, resulting in the spiritual and economic transformation of people.

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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 $972,528

Program Service Revenue $0

Investment Income $0

Other Revenue $73,054

TOTAL REVENUE $1,045,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $437,033

Fundraising Expenses $800

Program Expenses $1,466,353

Other Expenses $1,102,708

TOTAL EXPENSES $1,539,741

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,045,582	$803,231	+0.3%
Expenses	$1,539,741	$707,715	+1.2%
Net Income	$-494,159	$95,516	-6.2%

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

$28,658

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER PLUMMER	EXECUTIVE DIRECTOR	50.00	Officer	$28,658	$0	$28,658
EVERLENE BAKER	DIRECTOR	5.00	Director	$0	$0	$0
COURTNEY CAIN	PRESIDENT	5.00	Officer Director	$0	$0	$0
ALEXANDRE EDMONDS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
CARLENE ELLIOTT	TREASURER	5.00	Officer Director	$0	$0	$0
EARL HEATH	DIRECTOR	5.00	Director	$0	$0	$0
MARGARET JOHNSON	SECRETARY	5.00	Officer Director	$0	$0	$0
HUBERT MCINTOSH	DIRECTOR	5.00	Director	$0	$0	$0
YVONNE ODOM	DIRECTOR	5.00	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	$1,045,582	$1,539,741	$1,652,825	$-494,159
2023	$803,231	$707,715	$2,195,848	$95,516
2022	$745,520	$737,698	$1,973,883	$7,822
2021	$529,466	$512,629	$1,950,959	$16,837
2020	$706,357	$588,975	$2,055,821	$117,382
2019	$349,095	$410,760	$2,162,384	$-61,665
2018	$366,529	$314,077	$1,911,333	$52,452

BOYNTON BEACH FAITH BASED COMMUNITY DEVELOPMENT CORPORATION