Houston Business Development Inc (EIN 760216784) - 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

Legal Domicile

Principal Officer

Marlon Mitchell

Phone

7138452400

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

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

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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 $3,561,967

Program Service Revenue $2,488,279

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,050,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,410,226

Fundraising Expenses $0

Program Expenses $5,473,266

Other Expenses $5,431,356

TOTAL EXPENSES $6,841,582

Year-over-Year Comparison

	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%

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

Highest Compensated

reported

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

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	$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

Houston Business Development Inc