<SEC-DOCUMENT>0001140361-24-017302.txt : 20240402
<SEC-HEADER>0001140361-24-017302.hdr.sgml : 20240402
<ACCEPTANCE-DATETIME>20240402164549
ACCESSION NUMBER:		0001140361-24-017302
CONFORMED SUBMISSION TYPE:	NT 10-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20231231
FILED AS OF DATE:		20240402
DATE AS OF CHANGE:		20240402
EFFECTIVENESS DATE:		20240402

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BROADWAY FINANCIAL CORP \DE\
		CENTRAL INDEX KEY:			0001001171
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				954547287
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NT 10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39043
		FILM NUMBER:		24815079

	BUSINESS ADDRESS:	
		STREET 1:		5055 WILSHIRE BLVD STE 500
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90036
		BUSINESS PHONE:		3236341700

	MAIL ADDRESS:	
		STREET 1:		5055 WILSHIRE BLVD STE 500
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90036
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>ef20025800_nt10k.htm
<DESCRIPTION>NT 10-K
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Broadridge Financial Solutions, Inc.
         Document created using Broadridge PROfile 24.3.1.5224
         Copyright 1995 - 2024 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000;">
  <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">
    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; margin-left: auto; margin-right: auto;"></div>
  <div style="text-align: center; text-indent: -0.7pt; margin-right: 131.05pt; margin-left: 132.45pt; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">UNITED STATES</div>
  <div style="text-align: center; text-indent: -0.7pt; margin-right: 131.05pt; margin-left: 132.45pt; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION </div>
  <div style="text-align: center; text-indent: -0.7pt; margin-right: 131.05pt; margin-left: 132.45pt; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
  <div style="text-align: center; margin-left: 0.25pt; color: #000000; font-weight: bold;"> <br>
  </div>
  <div style="text-align: center; margin-left: 0.25pt; color: rgb(0, 0, 0); font-size: 18pt; font-weight: bold;">FORM 12b-25</div>
  <div>&#160;</div>
  <div style="text-align: center; text-indent: -0.5pt; margin-right: 131.85pt; margin-left: 132.25pt; color: #000000; font-weight: bold;">NOTIFICATION OF LATE FILING</div>
  <div>&#160;</div>
  <div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%;" id="zbe890a88b3e744a2918f0b1c41151020" class="DSPFListTable">

        <tr style="vertical-align: top;">
          <td style="text-align: right; vertical-align: top; width: 54pt;">
            <div style="color: rgb(0, 0, 0); text-align: left;">(<font style="font-style: italic;">Check One</font>):</div>
          </td>
          <td style="text-align: left; vertical-align: top; width: auto;">
            <div style="color: rgb(0, 0, 0);">&#9746; Form 10-K &#9744; Form 20-F &#9744; Form 11-K &#9744; Form 10-Q &#9744; Form 10-D &#9744; Form N-CEN</div>
            <div style="color: rgb(0, 0, 0);">
              <div style="color: rgb(0, 0, 0);">&#9744; Form N-CSR</div>
            </div>
          </td>
        </tr>

    </table>
  </div>
  <div style="color: rgb(0, 0, 0); margin-left: 54pt;"><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z8b867d2ac240494497685bcd001a07ba">

      <tr>
        <td style="width: 10%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td style="width: 13%; vertical-align: top; padding-bottom: 2px;">
          <div style="color: rgb(0, 0, 0);">For Period Ended:</div>
        </td>
        <td style="width: 37%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
          <div style="color: rgb(0, 0, 0);">December 31, 2023</div>
        </td>
        <td style="width: 40%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

      <tr>
        <td rowspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
        <td rowspan="1" style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">&#9744; Transition Report on Form 10-K</div>
        </td>
      </tr>
      <tr>
        <td rowspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
        <td rowspan="1" style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">&#9744; Transition Report on Form 20-F</div>
        </td>
      </tr>
      <tr>
        <td rowspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
        <td rowspan="1" style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">&#9744; Transition Report on Form 11-K</div>
        </td>
      </tr>
      <tr>
        <td rowspan="1" style="width: 10%; vertical-align: top;">&#160;</td>
        <td rowspan="1" style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">&#9744; Transition Report on Form 10-Q</div>
        </td>
      </tr>

  </table>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

      <tr>
        <td rowspan="1" style="width: 10%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
        <td nowrap="nowrap" rowspan="1" style="width: 23%; vertical-align: top; padding-bottom: 2px;">
          <div style="color: rgb(0, 0, 0);">For the Transition Period Ended:</div>
        </td>
        <td rowspan="1" style="width: 62%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);"><br>
        </td>
        <td rowspan="1" style="width: 5.26%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
      </tr>

  </table>
  <div><font style="font-size: 2pt;">&#160;&#160; </font><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z2a94116be38f46f2b4cd7ea4abf3f81d">

      <tr>
        <td style="width: 100%; vertical-align: top; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: center; margin-right: 58.45pt; color: rgb(0, 0, 0); font-weight: bold;">Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.</div>
        </td>
      </tr>

  </table>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:</div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;"> <br>
  </div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">
    <hr noshade="noshade" align="left" style="height: 2px; width: 90%; color: #000000; background-color: #000000; margin-left: 0px; margin-right: auto; border: none;"></div>
  <div>&#160;</div>
  <div style="color: #000000; font-weight: bold;">PART I&#8212;REGISTRANT INFORMATION</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z84d28cc6a03e41fbb04fecb59bbc054b">

      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Broadway Financial Corporation</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 50%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Full Name of Registrant</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">N/A</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 50%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Former Name if Applicable</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">4601 Wilshire Boulevard, Suite 150</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 50%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Address of Principal Executive Office (Street and Number)</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Los Angeles, California, 90010</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 50%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">City, State and Zip Code</div>
        </td>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
      </tr>

  </table>
  <div><br>
  </div>
  <div>
    <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"> </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
    <div style="page-break-after: always;" class="BRPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="color: #000000; font-weight: bold;">PART II&#8212;RULES 12b-25(b) AND (c)</div>
  <div>&#160;</div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box
    if appropriate)</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="z111f3ba9bc5a4023804532d5cc3a3423">

      <tr>
        <td rowspan="3" style="width: 3%; vertical-align: middle; border-right: 2px solid rgb(0, 0, 0);">
          <div style="color: rgb(0, 0, 0);">&#9744;</div>
        </td>
        <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
        <td style="width: 6%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">(a)</div>
        </td>
        <td style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;</div>
        </td>
      </tr>
      <tr>
        <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
        <td style="width: 6%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">(b)</div>
        </td>
        <td style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following
            the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and</div>
        </td>
      </tr>
      <tr>
        <td colspan="1" style="width: 1%; vertical-align: top;">&#160;</td>
        <td style="width: 6%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">(c)</div>
        </td>
        <td style="width: 90%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">The accountant&#8217;s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.</div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="color: #000000; font-weight: bold;">PART III&#8212;NARRATIVE</div>
  <div>&#160;</div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.</div>
  <div>&#160;</div>
  <div style="text-align: justify; text-indent: -0.5pt; margin-left: 1pt; color: #000000;">Broadway Financial Corporation (the &#8220;Company,&#8221; the &#8220;Registrant,&#8221; &#8220;our&#8221; or &#8220;we&#8221;) is unable to file, without unreasonable effort and expense, our Annual Report on Form
    10-K for the year ended December 31, 2023 (the &#8220;2023 Form 10-K&#8221;) because the Registrant&#8217;s principal executive officer and principal financial officer need additional time to complete their evaluation of the effectiveness of the Registrant&#8217;s disclosure
    controls and procedures. As disclosed on November 15, 2023, we previously determined that a deficiency exists within our internal control over financial reporting ; while our evaluation is still ongoing, we believe that this deficiency will likely
    result in a material weakness.&#160; We intend to file the 2023 Form 10-K following the Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the &#8220;Q3 2023 Form 10-Q&#8221;) on or before the May 13, 2024 deadline granted by the Nasdaq Stock
    Market LLC and to provide further information on the ongoing evaluation of our control environment as soon as reasonably practical.</div>
  <div>&#160;</div>
  <div style="color: #000000; font-weight: bold;">PART IV&#8212;OTHER INFORMATION</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z990506660fb7471d9d7efc10c81a1846">

      <tr>
        <td style="width: 17.5pt; vertical-align: top; color: rgb(0, 0, 0);">(1)</td>
        <td style="vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Name and telephone number of person to contact in regard to this notification.</div>
        </td>
      </tr>

  </table>
  <div><font style="color: #000000;"> </font><br>
  </div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z8608a6589f88455596a94d26b930c001">

      <tr>
        <td style="width: 10%; vertical-align: top; text-align: center;">&#160;</td>
        <td style="width: 19.14%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">Brenda J. Battey</div>
        </td>
        <td style="width: 1%; vertical-align: top; text-align: center;">&#160;</td>
        <td style="width: 10%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">(323)</div>
        </td>
        <td style="width: 1%; vertical-align: top; text-align: center;">&#160;</td>
        <td style="width: 19%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">634-1700</div>
        </td>
        <td style="width: 40%; vertical-align: top; text-align: center;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 10%; vertical-align: top; text-align: center; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
        <td style="width: 19.14%; vertical-align: top; text-align: center; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 1%; vertical-align: top; text-align: center; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
        <td style="width: 10%; vertical-align: top; text-align: center; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 1%; vertical-align: top; text-align: center; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
        <td style="width: 19%; vertical-align: top; text-align: center; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 40%; vertical-align: top; text-align: center; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 10%; vertical-align: top; text-align: center;">&#160;</td>
        <td style="width: 19.14%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">(Name)</div>
        </td>
        <td style="width: 1%; vertical-align: top; text-align: center;">&#160;</td>
        <td style="width: 10%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">(Area Code)</div>
        </td>
        <td style="width: 1%; vertical-align: top; text-align: center;">&#160;</td>
        <td style="width: 19%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">(Telephone Number)</div>
        </td>
        <td style="width: 40%; vertical-align: top; text-align: center;">&#160;</td>
      </tr>

  </table>
  <div> <br>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z701bfd74ceee4b879cb9e4c0f9335969">

      <tr>
        <td style="width: 17.5pt; vertical-align: top; color: rgb(0, 0, 0);">(2)</td>
        <td style="width: auto; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter
            period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).&#160; &#160; &#9744; Yes &#9746; No</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="margin-left: 30.45pt; color: #000000;">Form 10-Q for the quarter ended September 30, 2023</div>
  <div style="margin-left: 30.45pt; color: #000000;"> <br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
    <div style="page-break-after: always;" class="BRPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z342f68f580414437bfd927f8c5e3d24a">

      <tr>
        <td style="width: 17.5pt; vertical-align: top; color: rgb(0, 0, 0);">(3)</td>
        <td style="width: auto; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or
            portion thereof?&#160; &#9746;&#160; Yes &#9744; No</div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be
    made.</div>
  <div>&#160;</div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">As a result of the matters discussed in Part III above, the Company is not in a position to provide specific estimates of anticipated significant changes in results of operations from
    the fiscal year ended December 31, 2022 to the fiscal year ended December 31, 2023 that may be reflected in the financial statements to be included in the 2023 Form 10-K. However, the Company currently expects net income for the year ended December 31,
    2023 to decrease compared to the year ended December 31, 2022 due to the interest rate environment and inflation, among other things, which have impacted our net interest margins and non-interest expense. This preliminary financial information is
    subject to the Company&#8217;s ongoing evaluation, the review of the Company&#8217;s Audit Committee as well as its independent auditors, and completion of the Company&#8217;s financial closing procedures and issuance of its financial statements as of and for the year
    ended December 31, 2023.</div>
  <div>&#160;</div>
  <div style="text-align: justify; text-indent: -0.5pt; margin-left: 1pt; color: #000000; font-style: italic; font-weight: bold;">Forward-Looking Statements</div>
  <div>&#160;</div>
  <div style="text-align: justify; text-indent: -0.5pt; margin-left: 1pt; color: #000000;">This filing contains a number of forward-looking statements.&#160; Words such as &#8220;believe,&#8221; &#8220;expects,&#8221; &#8220;intend,&#8221; &#8220;will&#8221; and similar future or conditional expressions are
    intended to identify forward-looking statements.&#160; These forward-looking statements include, but are not limited to, statements regarding our beliefs and expectations relating to the filing of the 2023 Form 10-K and the Q3 2023 Form 10-Q, the ongoing
    evaluation of our disclosure controls and procedures and the preliminary financial information for the year ended December 31, 2023.&#160; These forward-looking statements are not guarantees of future events or results and are subject to a number of risks
    and uncertainties, many of which are difficult to predict and beyond our control.&#160; Important factors that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, a material delay in
    the Registrant&#8217;s financial reporting, including the possibility that the ongoing evaluation may identify material weaknesses or other control deficiencies, misstatements, or errors in the Registrant&#8217;s accounting practices.&#160; We disclaim and do not
    undertake any obligation to update or revise any forward-looking statement herein, except as required by applicable law or regulation.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="ze8a04815228042fc98d8c53f8bf42607">

      <tr>
        <td style="width: 29%; vertical-align: top;">&#160;</td>
        <td style="width: 42.02%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">Broadway Financial Corporation</div>
        </td>
        <td style="width: 28.98%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 29%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
        <td style="width: 42.02%; vertical-align: top; text-align: center; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
        <td style="width: 28.98%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 29%; vertical-align: top;">&#160;</td>
        <td style="width: 42.02%; vertical-align: top;">
          <div style="text-align: center; color: rgb(0, 0, 0);">&#160;(Name of Registrant as Specified in Charter)</div>
        </td>
        <td style="width: 28.98%; vertical-align: top;">&#160;</td>
      </tr>

  </table>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;"> <br>
  </div>
  <div style="text-indent: -0.5pt; margin-left: 1pt; color: #000000;">has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="ze4fe96f24d794af492b7c345cbd7372e">

      <tr>
        <td style="width: 50%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Date: April 2, 2024</div>
        </td>
        <td style="width: 3%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">By:</div>
        </td>
        <td style="width: 47%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">/s/ Brenda J. Battey</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
        <td style="width: 3%; vertical-align: top; padding-bottom: 2px; font-size: 2pt;">&#160;</td>
        <td style="width: 47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); font-size: 2pt;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
        <td style="width: 3%; vertical-align: top;">&#160;</td>
        <td style="width: 47%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Brenda J. Battey</div>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; vertical-align: top;">&#160;</td>
        <td style="width: 3%; vertical-align: top;">&#160;</td>
        <td style="width: 47%; vertical-align: top;">
          <div style="color: rgb(0, 0, 0);">Executive Vice President and Chief Financial Officer</div>
        </td>
      </tr>

  </table>
  <div><br>
  </div>
  <div>&#160;<br>
    <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
