BETTER OPPORTUNITIES BUILDER INC (EIN 770076261) - 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

1998

Legal Domicile

Principal Officer

TYRONE RODERICK WILLIAMS

Phone

5594458932

Tax Period

2023-01-01 to 2023-12-31

BETTER OPPORTUNITIES BUILDER INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $384K in total revenue in fiscal year 2023. Expenses of $520K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO ACQUIRE, MANAGE AND DEVELOP AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES.

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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 $0

Program Service Revenue $291,767

Investment Income $92,155

Other Revenue $0

TOTAL REVENUE $383,922

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $466,065

Other Expenses $519,789

TOTAL EXPENSES $519,789

Year-over-Year Comparison

	2023	2022	Change
Revenue	$383,922	$363,416	+0.1%
Expenses	$519,789	$52,624	+8.9%
Net Income	$-135,867	$310,792	-1.4%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
CHRIS CUMMINGS	DIRECTOR, BUSINESS REPRESE	Director	$0	$0	$0
GEORGE FINLEY	PRESIDENT, BUSINESS REPRES	Director	$0	$0	$0
EDWARD L STACY	DIRECTOR, BUSINESS REPRESE	Director	$0	$0	$0
YOLANDA RANDLES	DIRECTOR, LOW-INCOME REPRE	Director	$0	$0	$0
MICHAEL DUARTE	CEO	Officer 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	$383,922	$519,789	$7,874,667	$-135,867
2022	$363,416	$52,624	$8,165,526	$310,792
2021	$444,405	$216,537	$8,910,793	$227,868
2020	$228,788	$106,988	$8,709,369	$121,800
2019	$104,108	$72,764	$8,645,992	$31,344
2018	$152,923	$44,321	$8,713,380	$108,602

BETTER OPPORTUNITIES BUILDER INC