BRECKSVILLE COMMUNITY IMPROVEMENT CORPOR (EIN 831228362) - 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

2018

Legal Domicile

Principal Officer

LAURA STAROSTA

Phone

4405264351

Tax Period

2024-01-01 to 2024-12-31

BRECKSVILLE COMMUNITY IMPROVEMENT CORPOR, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $656 in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $7K exceeded revenue, resulting in a 999% operating deficit.

Mission

TO ADVANCE, ENCOURAGE AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF THE CITY OF BRECKSVILLE, OHIO, AND TO ACT AS THE DESIGNATED AGENCY OF THE CITY OF BRECKSVILLE, OHIO IN SUCH MATTERS.

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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 $0

Program Service Revenue $0

Investment Income $656

Other Revenue $0

TOTAL REVENUE $656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,208

Other Expenses $7,208

TOTAL EXPENSES $7,208

Year-over-Year Comparison

	2024	2023	Change
Revenue	$656	$414	+0.6%
Expenses	$7,208	$7,150	+0.0%
Net Income	$-6,552	$-6,736	0.0%

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
MATT GARITO	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
DOMINIC CARUSO	BOARD VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
LAURA STAROSTA	BOARD TREASURER/SECRETARY	2.00	Officer Director	$0	$0	$0
BETH SAVAGE	BOARD MEMBER	2.00	Director	$0	$0	$0
DARYL KINGSTON	BOARD MEMBER	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	$656	$7,208	$922,980	$-6,552
2023	$414	$7,150	$929,532	$-6,736
2022	$19,518	$2,903,313	$936,268	$-2,883,795
2021	$515,296	$1,584,915	$3,820,063	$-1,069,619
2020	$8,728,017	$8,535,009	$4,891,222	$193,008
2019	$32,733	$772,508	$4,696,674	$-739,775
2018	$5,571,727	$135,278	$5,437,814	$5,436,449

BRECKSVILLE COMMUNITY IMPROVEMENT CORPOR