BLOOMFIELD AVENUE LOWER BROADWAY M… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

PJ CALELLO

Phone

2019182426

Tax Period

2024-01-01 to 2024-12-31

BLOOMFIELD AVENUE LOWER BROADWAY MANAGEMENT CORPORATION, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $468K in total revenue in fiscal year 2024.

Mission

TO SERVE AS A CATALYST FOR ECONOMIC DEVELOPMENT THROUGHOUT THE BLOOMFIELD AVENUE/LOWER BROADWAY COMMERCIAL CORRIDOR.

Program Service Accomplishments

Program 1

Expenses: $317,708 Revenue: $0

DISTRICT CLEANING/ MAINTENANCE PROGRAM 7 DAYS A WEEK THROUGHOUT THE DISTRICT.

Program 2

Expenses: $102,192 Revenue: $0

PUBLIC SAFETY PROGRAM ESTABLISHED A DISTRICT PATROL WHERE THERE IS INCREASED VISIBILITY OF POLICE OFFICERS.

Program 3

Expenses: $58,457 Revenue: $0

OUTREACH PROGRAMS TO CREATE AN ENHANCEMENT OF QUALITY OF LIFE FOR RESIDENTS, BUSINESSES AND VISITORS TO THE DISTRICT. CREATING AN IMPROVED ENVIRONMENT TO SUPPORT INCREASED PUBLIC AND PRIVATE...

OUTREACH PROGRAMS TO CREATE AN ENHANCEMENT OF QUALITY OF LIFE FOR RESIDENTS, BUSINESSES AND VISITORS TO THE DISTRICT. CREATING AN IMPROVED ENVIRONMENT TO SUPPORT INCREASED PUBLIC AND PRIVATE INVESTMENT INVESTMENT IN THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $468,000

Program Service Revenue $0

Investment Income $50

Other Revenue $0

TOTAL REVENUE $468,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $478,357

Other Expenses $489,986

TOTAL EXPENSES $489,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$468,050	$453,050	+0.0%
Expenses	$489,986	$453,956	+0.1%
Net Income	$-21,936	$-906	+23.2%

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

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
PJ CALELLO	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOSEPH RODRIGUEZ	VICE-PRESIDENT	3.00	Officer Director	$0	$0	$0
IVONNE RIOS	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
JOMIYRS LOZANA	BOARD MEMBER	3.00	Director	$0	$0	$0
ALFREDO RUIZ	BOARD MEMBER	3.00	Director	$0	$0	$0
EMILY MANZ	BOARD MEMBER	3.00	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	$468,050	$489,986	$529,125	$-21,936
2023	No data	No data	No data	No data
2022	$443,581	$383,717	$579,444	$59,864
2022	$443,581	$406,041	$561,869	$37,540
2021	$443,596	$410,177	$519,258	$33,419
2021	$443,596	$407,978	$519,257	$35,618
2020	$444,460	$317,264	$484,766	$127,196
2019	$443,909	$392,532	$382,470	$51,377
2019	$443,910	$391,233	$383,770	$52,677
2018	$670,000	$402,738	No data	$267,262

BLOOMFIELD AVENUE LOWER BROADWAY MANAGEMENT CORPORATION