BEVERLY GRAY BUSINESS EXCHANGE CENTER INC (EIN 853125463) - 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

2021

Legal Domicile

Principal Officer

DERRICK PARSON

Phone

7168002170

Tax Period

2022-07-01 to 2023-06-30

BEVERLY GRAY BUSINESS EXCHANGE CENTER INC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $554K in total revenue in fiscal year 2022. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $494K left a modest 11% surplus.

Mission

ENTREPRENEUR SERVICE ORGANIZATION SERVING THE UNDERREPRESENTED IN BUFFALO, NY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $529,000

Program Service Revenue $24,762

Investment Income $0

Other Revenue $0

TOTAL REVENUE $553,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,350

Fundraising Expenses $59,341

Program Expenses $204,446

Other Expenses $299,088

TOTAL EXPENSES $494,438

Year-over-Year Comparison

	2022	2021	Change
Revenue	$553,762	$463,121	+0.2%
Expenses	$494,438	$246,652	+1.0%
Net Income	$59,324	$216,469	-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

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

$98,426

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK PARSON	EXECUTIVE DIRECTOR	40.00	Officer	$97,529	$897	$98,426
CHANTELE THOMPSON	CHAIR	1.00	Officer Director	$0	$0	$0
HOLLIS DEABREU DAVIS	CO-CHAIR	1.00	Officer Director	$0	$0	$0
MATT DAVISON	DIRECTOR	1.00	Director	$0	$0	$0
LISA HICKS	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY LAVARE	DIRECTOR	1.00	Director	$0	$0	$0
BRENDAN MEHAFFY	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MURDOCK	DIRECTOR	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$553,762	$494,438	$417,821	$59,324
2022	$463,121	$246,652	$308,169	$216,469

BEVERLY GRAY BUSINESS EXCHANGE CENTER INC