Beverly Gray Business Exchange

Community development organization based in Buffalo, NY. 4 employees. Exempt under §501(c)(3).

MissionBY SERVING THE UNDERREPRESENTED AND BIPOC ENTREPRENEURIAL COMMUNITY IN BUFFALO, NY., WE AIM TO BE A CONDUIT FOR BUSINESS DEVELOPMENT AND GROWTH FOR NEW AND EXISTING ENTREPRENEURS. WE BELIEVE THAT THROUGH EQUITY, INCLUSION, AND INNOVATION, WE CAN INCREASE THE SUCCESS RATE OF

EIN
85-3125463
State
NY
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 3 years

Financial snapshot · TY 2023

$600K
Total revenue
$669K
Total expenses
$935K
Net assets

Financial health · TY 2023

21
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
18
3.2 months of expenses
Program efficiency
26
60.6% spent on programs
Revenue diversity
18
Mix of program fees, grants & contributions

Leadership compensation

Derrick Parson
EXECUTIVE DIRECTOR
$96,003
51th percentile vs. peers

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Beverly Gray Business Exchange Executive Compensation | 990 Data | DoubleNine