BGCMA Harland Real Estate Company (EIN 824157072) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

VICTOR FIORESI

Phone

4045277100

Tax Period

2024-01-01 to 2024-12-31

BGCMA Harland Real Estate Company, founded in 2018, is a small nonprofit in the Youth Development sector that reported $414K in total revenue in fiscal year 2024. Expenses of $826K exceeded revenue, resulting in a 100% operating deficit.

Mission

TO MANAGE FUNDS RELATING TO THE NEW MARKET TAX CREDIT PROGRAM OBTAINED FOR THE CONSTRUCTION OF THE HARLAND BOYS & GIRLS CLUB.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $414,030

Investment Income $0

Other Revenue $0

TOTAL REVENUE $414,030

Expense Breakdown

Grants Paid $342,119

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $826,165

Other Expenses $484,046

TOTAL EXPENSES $826,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,030	$405,912	+0.0%
Expenses	$826,165	$827,447	0.0%
Net Income	$-412,135	$-421,535	0.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$549,899

Total Directors

$549,899

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID JERNIGAN	CEO	1.0	Officer Director	$0	$43,728	$356,863
VICTOR FIORESI	CFO & VP	1.0	Officer Director	$0	$46,666	$193,036
SUSAN GALVAN QUINN	BGCMA VP/CONTROLLER	1.0	Highest	$0	$42,570	$175,324
RICHARD DERISO	SECRETARY	1.0	Officer Director	$0	$0	$0
DIANE DAYHOFF	DIRECTOR	1.0	Director	$0	$0	$0
EVELYN COATS	DIRECTOR	1.0	Director	$0	$0	$0
John Bottini	PRESIDENT (STARTING 9/2024)	1.0	Officer Director	$0	$0	$0
SARAH SAUNDERS	Treasurer	1.0	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	$414,030	$826,165	$7,461,750	$-412,135
2023	$405,912	$827,447	$7,859,818	$-421,535
2022	$397,953	$806,984	$8,594,851	$-409,031
2021	$390,150	$793,336	$8,663,845	$-403,186
2020	$382,500	$691,348	$9,052,962	$-308,848
2019	$375,000	$613,363	$9,436,541	$-238,363
2018	No data	$10,980	$10,405,771	No data

BGCMA Harland Real Estate Company