BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC (EIN 922086375) - 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

2023

Legal Domicile

Principal Officer

WATCHEN HARRIS BRUCE

Phone

4107278590

Tax Period

2024-01-01 to 2024-12-31

BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC, founded in 2023, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 955% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 82% operating margin.

Mission

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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 $2,060,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,060,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,285

Other Expenses $361,285

TOTAL EXPENSES $361,285

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,060,000	$195,236	+9.6%
Expenses	$361,285	$149,193	+1.4%
Net Income	$1,698,715	$46,043	+35.9%

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
ALVIN C HATHAWAY SR	BOARD MEMBER	0.30	Director	$0	$0	$0
SEAN RUSSELL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN KELLY	TREASURER	1.00	Officer Director	$0	$0	$0
NICHOLE DOYLE BATTLE	BOARD MEMBER	0.30	Director	$0	$0	$0
WATCHEN HARRIS BRUCE	PRESIDENT AND CEO - BCL	1.00	Officer Director	$0	$0	$0
CLARENCE SNUGGS	SECRETARY	1.00	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	$2,060,000	$361,285	$5,395,438	$1,698,715
2023	$195,236	$149,193	$3,749,134	$46,043

BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC