BEAR CREEK DEVELOPMENT CORPORATION (EIN 752623312) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

CYNTHIA JENKINS

Phone

2149234085

Tax Period

2023-01-01 to 2023-12-31

BEAR CREEK DEVELOPMENT CORPORATION, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $128K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $173K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROMOTE THE CONSTRUCTION AND REHABILITATION OF AFFORTABLE HOUSING IN THE BEAR CREEK AREA OF IRVING AND GRAND PRAIRIE, TEXAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,552

Program Service Revenue $96,831

Investment Income $0

Other Revenue $0

TOTAL REVENUE $128,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,180

Fundraising Expenses $0

Program Expenses $142,280

Other Expenses $144,055

TOTAL EXPENSES $173,235

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,383	$299,309	-0.6%
Expenses	$173,235	$212,372	-0.2%
Net Income	$-44,852	$86,937	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIE STEPHENSON	PRESIDENT	5.00	Director	$0	$0	$0
COREY GINDRATT	VICE PRESIDENT/ACTING TREASURER	5.00	Director	$0	$0	$0
MONICA ZUNIGA	SECRETARY	3.00	Director	$0	$0	$0
JOYCE LARKIN	BOARD MEMBER	3.00	Director	$0	$0	$0
DERRICK REED	BOARD MEMBER	3.00	Director	$0	$0	$0
CYNTHIA JENKINS	EXECUTIVE DIRECTOR	40.00	Director	$20,000	$0	$20,000

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	$128,383	$173,235	$784,213	$-44,852
2022	$299,309	$212,372	$738,549	$86,937
2021	$140,516	$107,638	$604,814	$32,878
2020	$79,183	$101,883	$568,299	$-22,700
2019	$81,845	$74,408	$593,370	$7,437
2018	$84,672	$131,918	$583,310	$-47,246

BEAR CREEK DEVELOPMENT CORPORATION