Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Houston Business Development Inc is a community nonprofit in the Community Improvement sector that reported $6.1M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $6.8M exceeded revenue, resulting in a 13% operating deficit.
The corporation's mission is stimulate economic growth, combat community deterioration, revitalize under-served communities, and facilitate the building of safe, vibrant and healthy neighborhoods
Along with providing small and minority businesses flexible and affordable business loans, management and technical assistance services and office space at reasonable rents at its Business Technology...
Along with providing small and minority businesses flexible and affordable business loans, management and technical assistance services and office space at reasonable rents at its Business Technology Center (BTC or Palm Center), HBDi now offers a more comprehensive approach to community development, including credit management training, small business incubation, the development of affordable single-family homes and multi-family rental apartments, and the adaptive reuse of commercial properties in underserved neighborhoods
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,050,246 | $4,868,354 | +0.2% |
| Expenses | $6,841,582 | $5,593,022 | +0.2% |
| Net Income | $-791,336 | $-724,668 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Marlon Mitchell | President & CEO | 40.00 |
|
$235,573 | $0 | $235,573 |
| Mannaser Dean Marshall Jr | VP of Dev. & Op. | 40.00 |
|
$104,534 | $0 | $104,534 |
| Larry Chairman | Chairman | 1.00 |
Director
|
$0 | $0 | $0 |
| Philip Aitsebaomo | Chairman | 1.00 |
Director
|
$0 | $0 | $0 |
| Benny Rodriguez | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Ken Bolton | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Nasr Khan | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael trejo | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Clark Lord | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Pearl Wright | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| George E Johnson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Kacal | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Raymond Bourgeois | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Algenita Scott Davis | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,050,246 | $6,841,582 | $20,800,493 | $-791,336 |
| 2022 | $6,522,503 | $7,486,425 | $20,157,614 | $-963,922 |
| 2022 | $4,868,354 | $5,593,022 | $18,967,394 | $-724,668 |
| 2021 | $6,854,030 | $6,027,862 | $19,980,612 | $826,168 |
| 2020 | $3,620,643 | $2,322,368 | $15,684,831 | $1,298,275 |
| 2020 | $3,381,612 | $2,405,216 | $13,927,509 | $976,396 |
| 2019 | $3,092,672 | $2,842,589 | $11,996,745 | $250,083 |
| 2019 | $3,253,766 | $2,729,626 | $12,297,492 | $524,140 |
| 2018 | $2,037,334 | $2,523,267 | $11,456,685 | $-485,933 |
| 2017 | $3,810,240 | $2,833,433 | $11,714,355 | $976,807 |
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