MEMPHIS BRIDGE LIGHTING INC (EIN 813031073) - 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

2016

Legal Domicile

Principal Officer

TODD RICHARDSON

Phone

9013468800

Tax Period

2023-01-01 to 2023-12-31

MEMPHIS BRIDGE LIGHTING INC, founded in 2016, is a micro nonprofit that reported $33K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $567K exceeded revenue, resulting in a 1604% operating deficit.

Mission

THE MISSION OF MEMPHIS BRIDGE LIGHTING INC. (MBL) IS TO OPERATE, MANAGE AND SUSTAIN A COORDINATED STATE-OF-THE-ART LED LIGHTING SYSTEM FOR THE BIG RIVER CROSSING (HARAHAN BRIDGE) AND THE HERNANDO DE SOTO BRIDGE. BY ELEVATING THE DYNAMIC CAPABILITIES OF THE LED LIGHTING SYSTEM, MEMPHIS BRIDGE LIGHTING INC. REPRESENTS THE CONTRIBUTION OF AN ICONIC GATEWAY TO THE DEVELOPING MEMPHIS RIVERFRONT.

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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 $0

Investment Income $0

Other Revenue $33,266

TOTAL REVENUE $33,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $566,845

Other Expenses $566,845

TOTAL EXPENSES $566,845

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,266	$103,000	-0.7%
Expenses	$566,845	$1,968,116	-0.7%
Net Income	$-533,579	$-1,865,116	-0.7%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE MONGER	MEMBER	N/A	Director	$0	$0	$0
TERRANCE PATTERSON	MEMBER	N/A	Director	$0	$0	$0
TODD RICHARDSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
LAUREN TOLBERT	SECRETARY	N/A	Director	$0	$0	$0
WEBB WILSON	SECTRETART/T	N/A	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
2023	$33,266	$566,845	No data	$-533,579
2022	$103,000	$1,968,116	$2,691,761	$-1,865,116
2021	$25,576	$177,314	$21,319	$-151,738
2021	$25,576	$1,069,690	$3,591,192	$-1,044,114
2020	$143,224	$955,290	$4,635,355	$-812,066
2020	$142,800	$62,915	$173,057	$79,885
2019	$333,890	$1,155,660	$5,391,322	$-821,770
2019	$142,129	$151,507	$93,172	$-9,378

MEMPHIS BRIDGE LIGHTING INC