Civic Intelligence

Baybrook Revitalization Fund Inc.

990EZ • Fiscal year 2023 • EIN 87-4561268

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 12, 2024

3430 2nd Street 300Baltimore, MD 21225

(410) 804-1555

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

98th percentile

98%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

Flat

$142,145

Flat from 2023

Net Assets

$142,145

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$145,000

Flat from 2023

Expenses

Flat

$2,855

Flat from 2023

Net Income

Flat

$142,145

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2023: $142,145Net Assets 2023: $142,1452023Assets 2023: $142,145Liabilities 2023: $02023Assets 2024: $53,789Liabilities 2024: $851Net Assets 2024: $52,9382024

Highlighted filing

2023

Assets$142,145
Liabilities-
Net Assets$142,145

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

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

Highlighted filing

2023

Revenue$145,000
Expenses$2,855
Net Income$142,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 12, 2024
Return Version
2022v5.0
Gross Receipts
$145,000
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.

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.-$1,686
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.-$868
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NAISHA VINSONPresident-$0--
LISA BOWLINGVice President-$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
2024-04-12
Discuss with paid preparer
Yes

Preparer

Firm
CEA Scholtes and Associates
Address
106 Tunbridge Rd, Baltimore, MD 21212
Preparer
Chris Scholtes CPA
Phone
4103230010
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $217

Other Assets.1

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

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Filings