GREATER BROWNSVILLE INCENTIVE CORP (EIN 742628588) - 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

1992

Legal Domicile

Principal Officer

SALVADOR VILLALPANDO

Phone

9564318209

Tax Period

2023-10-01 to 2024-09-30

GREATER BROWNSVILLE INCENTIVE CORP, founded in 1992, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2023. The organization ran a surplus of $3.3M, a strong 36% operating margin.

Mission

TO ACT ON BEHALF OF THE CITIZENS OF BROWNSVILLE TEXAS TO PROMOTE AND ENHANCE ECONOMIC AND INDUSTRIAL DEVELOPMENT OF THE AREA.

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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 $7,601,145

Program Service Revenue $0

Investment Income $1,298,819

Other Revenue $188,022

TOTAL REVENUE $9,087,986

Expense Breakdown

Grants Paid $1,496,500

Salaries & Benefits $1,209,447

Fundraising Expenses $0

Program Expenses $991,500

Other Expenses $3,082,528

TOTAL EXPENSES $5,788,475

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,087,986	$8,749,232	+0.0%
Expenses	$5,788,475	$4,137,451	+0.4%
Net Income	$3,299,511	$4,611,781	-0.3%

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

$860,386

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANKJAER JENSEN	CHAIRMAN	1.00	Director	$0	$0	$0
JOE HINOJOSA	VICE CHAIRMAN	1.00	Director	$0	$0	$0
GERARDO GONZALEZ	TREASURER	1.00	Director	$0	$0	$0
LILIANA ELIZONDO	SECRETARY	1.00	Director	$0	$0	$0
BENJAMIN PENA	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNA OQUIN	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK OROZCO	BOARD MEMBER	1.00	Director	$0	$0	$0
BRET A GARDELLA	EXECUTIVE DIRECTOR CEO	40.00		$172,272	$28,363	$200,635
GERARDO BRIONES	DEPUTY DIRECTOR COO	40.00	Key Emp	$126,119	$17,509	$143,628
KARLA DE LA RIVA	DIRECTOR OF WORKFORCE	40.00	Key Emp	$49,080	$7,824	$56,904
ELEAZAR RODRIGUEZ	DIRECTOR OF INDUSTRIAL PARKS	40.00	Key Emp	$96,545	$17,302	$113,847
JOVANNA RANGEL	DIRECTOR OF BRE	40.00	Key Emp	$100,327	$19,902	$120,229
ELSA M GALVAN	DIRECTOR OF OPERATIONS	40.00	Key Emp	$94,035	$18,365	$112,400
GILBERTO SALINAS	EXECUTIVE DIRECTOR CEO	40.00	Key Emp	$40,051	$7,357	$47,408
MARLENE MURILLO	ADMINISTRATIVE ASSIST	40.00	Key Emp	$57,064	$17,831	$74,895
ALEXA PEREZ	DIRECTOR OF MARKETING COMMUNICATIONS	40.00	Key Emp	$71,695	$12,195	$83,890
MARCELA SAENZ	DIRECTOR OF MARKETING COMMUNICATIONS	40.00	Key Emp	$9,852	$1,527	$11,379
SALVADOR VILLALPANDO	FINANCE DIRECTOR	40.00	Key Emp	$77,004	$18,802	$95,806

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	$9,087,986	$5,788,475	$41,334,571	$3,299,511
2023	$8,749,232	$4,137,451	$37,635,568	$4,611,781
2022	$7,255,230	$4,557,114	$32,978,401	$2,698,116
2021	$6,507,551	$4,729,956	$32,068,237	$1,777,595

GREATER BROWNSVILLE INCENTIVE CORP