BALTIMORE, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
TO IMPROVE AND STRENGTHEN THE ENABLING ENVIRONMENT FOR SMALL BUSINESS DEVELOPMENT SERVICES, ENHANCING THE ECOSYSTEM OF SMALL BUSINESS LENDING FOR BIPOC AND OTHER UNDERSERVED COMMUNITIES IN THE BALTIMORE REGION.
SMALL BUSINESS DEVELOPMENT: THE CENTER OFFERS WRAP-AROUND BUSINESS SERVICES IN PARTNERSHIP, COLLABORATION, AND/OR SPONSORSHIP WITH OTHER SERVICES PROVIDERS TO HELP BUSINESSES GROW AND EXPAND BEYOND...
SMALL BUSINESS DEVELOPMENT: THE CENTER OFFERS WRAP-AROUND BUSINESS SERVICES IN PARTNERSHIP, COLLABORATION, AND/OR SPONSORSHIP WITH OTHER SERVICES PROVIDERS TO HELP BUSINESSES GROW AND EXPAND BEYOND MICRO TO SMALL, MEDIUM, AND LARGE BUSINESSES. THIS WILL BE DONE THROUGH OFFERING PLACED-BASED TRAINING AND A BUSINESS INCUBATION CENTER THAT OFFERS A WIDE VARIETY OF TRAINING AND CAPACITY BUILDING ACTIVITIES TO BUSINESSES AND ORGANIZATIONS REGIONALLY, NATIONALLY, OR PERHAPS EVEN INTERNATIONALLY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare BUSINESS DEVELOPMENT & RESOURCE CENTER - BCL COMMUNITY FACILITY INC with other nonprofits in Maryland and across the country.