Civic Intelligence

Baybrook Revitalization Fund Inc

EIN 87-4561268 • 501(c)3 • Baltimore, MD

Profile

Baybrook Revitalization Fund, Inc. BRF is a non-profit community development organization, whose mission is to provide innovative financial and community development services to underserved businesses, organizations, and residents to drive revitalization and build local wealth in distressed neighborhoods in the greater Baltimore region.

3430 2nd Street 300Baltimore, MD 21225

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.34x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

91st percentile

0.41x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

92nd percentile

59%

Higher net margin than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$137,600

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 49.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

98th percentile

510%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$53,789

Down $88,356 (-62%) from 2023

Liabilities

Up

$851

Up $851 from 2023

Net Assets

$52,938

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue91st percentileNet Margin92nd percentile

Revenue

Down

$0

Down $145,000 (-100%) from 2023

Expenses

Up

$89,207

Up $86,352 (+3025%) from 2023

Net Income

Down

-$89,207

Down $231,352 (-163%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2023: $142,145Liabilities 2023: $02023Assets 2024: $53,789Liabilities 2024: $851Net Assets 2024: $52,9382024

Highlighted filing

2024

Assets$53,789
Liabilities$851
Net Assets$52,938
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2023: $145,000Expenses 2023: $2,855Net Income 2023: $142,1452023Revenue 2024: $0Expenses 2024: $89,207Net Income 2024: -$89,2072024

Highlighted filing

2024

Revenue$0
Expenses$89,207
Net Income-$89,207
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,789
Liabilities
$851
Net assets
$52,938
Revenue
$0
Expenses
$89,207
Net income
-$89,207
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.00$0.89$0.89
2023Summary only. Only limited summary data is available for this year.$1.42$0.00$1.45$0.03$1.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Mission and Program Overview

Mission

Baybrook Revitalization Fund, Inc. BRF is a non-profit community development organization, whose mission is to provide innovative financial and community development services to underserved businesses, organizations, and residents to drive revitalization and build local wealth in distressed neighborhoods in the greater Baltimore region.

Program Services

DescriptionGrantsExpenses
Financial services - BRF provides flexible capital to underserved entrepreneurs, with a focus on Black, Latino, and businesses that operate in an undercapitalized census tract in greater Baltimore. Our initial geographic focus is in the Brooklyn, Brooklyn Park, and Curtis Bay communities. In the long term, we expect to serve entrepreneurs in the greater Baltimore region. BRF Board members, staff, volunteers, independent contractors, and partners will conduct this activity. 66 percent of time and 66 percent of overall expenses will be allocated to this activity, which primarily will be funded by donations, grants, and fees. This activity furthers BRF's charitable exempt purposes by supporting an equitable and thriving small business community, which contributes to neighborhood revitalization and building local wealth in distressed neighborhoods in the greater Baltimore region.-$23,665
Development services - BRF provides business technical assistance to legacy and emerging businesses, including business planning, financial projections, operations, credit building, and marketing assistance. Free technical assistance includes workshops and 1:1 coaching, as well as access to specialized professional services such as accounting, legal services, graphic design, or HR experts. BRF Board members, staff, volunteers, independent contractors, and partners will conduct this activity initially in the Brooklyn, Brooklyn Park, and Curtis Bay communities. In the long term, we expect to serve entrepreneurs in the greater Baltimore region. 34 percent of time and 34 percent of overall expenses will be allocated to this activity, which primarily will be funded by donations and grants. This activity furthers BRF's charitable exempt purposes by fostering an equitable and thriving small business community, which contributes to neighborhood revitalization and building local wealth in distressed neighborhoods in the greater Baltimore region.-$12,191
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NAISHA VINSONPresident-$0--
LISA BOWLINGSecretary-$0--
KELLIE GAITHERTreasurer-$0--
MEREDITH CHAIKENExecutive DirectorPT$0--
DANIEL MCGINTYDirector-$0--
SHANNON NYSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Baybrook Revitalization Fund Inc
EIN
87-4561268
Phone
4108041555
Address
3430 2ND STREET 300, BALTIMORE, MD 21225

Signing Officer

Name
Meredith Chaiken
Title
Executive Director
Signed
2025-04-30
Discuss with paid preparer
Yes

Preparer

Firm
C E a Scholtes and Associates
Address
106 TUNBRIDGE ROAD, BALTIMORE, MD 21212
Preparer
Chris Scholtes CPA
Phone
4103230010
Supplemental Narrative

Additional Explanations

Other Expenses.1003

“Information Technology $6309”

Other Expenses.1009

“Depreciation $106”

Other Expenses.1

“MISCELLANEOUS $4468”

Other Assets.1009

“Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $292”

Other Assets.1

“DUE FROM GBA - Beginning $67149 DUE FROM GBA - Ending $0”

Total Liabilities.1

“DUE TO GBA - Beginning $0 DUE TO GBA - Ending $851”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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