Bear Creek Development Center Inc (EIN 841884979) - 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

2019

Legal Domicile

Principal Officer

Jeffrey Urban

Phone

5072584992

Tax Period

2023-01-01 to 2023-12-31

Bear Creek Development Center Inc, founded in 2019, is a small nonprofit that reported $990K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $865K left a modest 13% surplus.

Mission

Pursuing innovative, holistic, & truly affordable housing solutions in the Rochester MN Area.

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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 $25,654

Program Service Revenue $955,639

Investment Income $8,883

Other Revenue $0

TOTAL REVENUE $990,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,345

Fundraising Expenses $6,052

Program Expenses $808,652

Other Expenses $766,137

TOTAL EXPENSES $865,482

Year-over-Year Comparison

	2023	2022	Change
Revenue	$990,176	$1,123,187	-0.1%
Expenses	$865,482	$825,027	+0.0%
Net Income	$124,694	$298,160	-0.6%

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

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
Jeffrey Urban	Executive Director	15.00	Officer Director	$0	$0	$0
Aaron Wager	Chair	1.00	Officer Director	$0	$0	$0
Kenn Roehl	Vice Chair	1.00	Officer Director	$0	$0	$0
Helen Laack	Treasurer	1.00	Officer Director	$0	$0	$0
Christopher Beighley	Secretary	1.00	Officer Director	$0	$0	$0
Jacob Radtke	Member	1.00	Director	$0	$0	$0
Shane Gauthier	Member	1.00	Director	$0	$0	$0
Georgia Basinski	Member	1.00	Director	$0	$0	$0
Christina Block	Member	1.00	Director	$0	$0	$0
Gene Peters	Member	1.00	Director	$0	$0	$0
Chad Fisher	Member	1.00	Director	$0	$0	$0
Joseph Miner	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	No data	No data	No data	No data
2023	$990,176	$865,482	$7,430,151	$124,694
2022	$1,123,187	$825,027	$7,189,934	$298,160
2021	$977,641	$732,062	$6,999,699	$245,579
2020	$2,933,246	$578,970	$6,337,999	$2,354,276

Bear Creek Development Center Inc