Business Context and Reporting Period
This Form 8-K Current Report was filed by Broadway Financial Corporation on September 16, 2004. The report addresses corporate governance changes effective as of the filing date.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statements or performance data.
Material Changes
The primary material change reported is the election of Rick McGill to the Board of Directors of both Broadway Financial Corporation and its subsidiary, Broadway Federal Bank, effective September 16, 2004.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. The document serves solely to disclose the director election and includes a press release as an exhibit.
Investor Verification Checklist
- Verify the professional background and qualifications of the newly elected director, Rick McGill.
- Confirm the effective date of the board appointment (September 16, 2004).
- Review the attached press release (Exhibit 99.1) for additional context on the election.