Build Galveston

EIN: 854187449 501(c)(3) Community Improvement

Galveston, TX

Total Revenue
$230,106
Total Expenses
$398,574
Total Assets
$281,593
Net Assets
$260,345
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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
TX
Principal Officer
Christine Bryant
Phone
4092409177
Tax Period
2024-01-01 to 2024-12-31

Build Galveston, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $230K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $399K exceeded revenue, resulting in a 73% operating deficit.

Mission

Build Galveston connects, leverages, and utilizes resources to strengthen the local 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $225,752
Program Service Revenue $0
Investment Income $4,354
Other Revenue $0
TOTAL REVENUE $230,106

Expense Breakdown

Grants Paid $111,583
Salaries & Benefits $126,849
Fundraising Expenses $6,695
Program Expenses $248,461
Other Expenses $160,142
TOTAL EXPENSES $398,574

Year-over-Year Comparison

2024 2023 Change
Revenue $230,106 $120,628 +0.9%
Expenses $398,574 $136,816 +1.9%
Net Income $-168,468 $-16,188 +9.4%
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

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Governance

Voting Members
16
Independent Members
15
Employees
1
Volunteers
15

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
6
$310,727
Total Directors
16
$191,338
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cate Black President 4.00
Officer Director
$0 $0 $0
Vincent Lorefice Vice President 2.00
Officer Director
$0 $0 $0
Ingrid Gonzalez Secretary 4.00
Officer Director
$0 $0 $0
Shirlyn Thomas Treasurer 4.00
Officer Director
$0 $0 $0
Marshall Tyndall Past President 4.00
Director
$0 $0 $0
Cornelia Banks Board member 2.00
Director
$0 $0 $0
Pierre Banks Board member 2.00
Director
$0 $0 $0
Chris Basilotto Board member 2.00
Director
$0 $0 $0
Christine Bryant Executive Director (as of 11/24) 5.00
Officer Director
$0 $16,557 $191,338
Keath Jacoby Board member 2.00
Director
$0 $0 $0
Dwayne Jones Board member 2.00
Director
$0 $0 $0
Megan Jones Board member 2.00
Director
$0 $0 $0
Sharon Lewis Board member 2.00
Director
$0 $0 $0
Betty Massey Board member 2.00
Director
$0 $0 $0
Brian Maxwell Board member 2.00
Director
$0 $0 $0
Paula Tobon Board member 2.00
Director
$0 $0 $0
Tyler Robert Executive Director (thru 11/24) 40.00
Officer
$118,462 $927 $119,389
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 $230,106 $398,574 $281,593 $-168,468
2023 $120,628 $136,816 $476,137 $-16,188
2022 $445,000 $108,194 $445,000 $336,806
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