UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

SCHEDULE 13G
(Amendment No._1__)

BROADWAY FINANCIAL CORPORATION
(Name of Issuer)

Common Stock
(Title of Class of Securities)

0001001171
(CUSIP Number)

December 31, 2004
(Date of event Which Requires Filing of this Statement)

Rule 13d-1(c)

NAME OF REPORTING PERSON
CRUDEN STANLEY C

MEMBER OF A GROUP?
N/A


CITIZENSHIP
U.S.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
SOLE VOTING POWER    85,432
SHARED VOTING POWER   0
SOLE DISPOSITIVE POWER    85,432
SHARED DISPOSITIVE POWER   0

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
85,432



PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED
5.6%


TYPE OF REPORTING PERSON
IN



ITEMS 1-10 OF GENERAL INSTRUCTIONS

Item 1.
(a) Name of Issuer: BROADWAY FINANCIAL CORPORATION 
(b) Address of Issuer: 4800 Wilshire Boulevard, Los Angeles, California 90010

Item 2.
(a) Name of Person Filing: CRUDEN STANLEY C 
(b) Address of Filing Person: 
    31 Lake Rd., Niverville, NY 12130
(c) Citizenship: U.S.
(d) Title and class of Securities: Common Stock
(e) CUSIP Number: 0001001171

Item 3. N/A

Item 4.   Ownership
(a) Amount Beneficially Owned: 85,432
(b) Percent of Class: 5.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 85,432
(ii) Shared power to vote or direct the vote:   0
(iii) Sole power to dispose or to direct disposition of: 85,432
(iv) Shared power to dispose or to direct disposition of:  0

Item 5.  Ownership of Five Percent or Less of Class:
        N/A

Item 6.  Ownership of More than Five Percent on Behalf of 
Another Person:
        N/A

Item 7. Identification and Classification of the Subsidiary 
Which Acquired the Security:
        N/A

Item 8. Identification and Classification of Members of the Group:
         N/A

Item 9. Notice of Dissolution of Group:
         N/A







Item 10. Certification:
By signing below I certify that, to the best of my knowledge
and belief,
the securities referred to above were not acquired and are 
not held for the purpose of or with the effect of changing 
or influencing the control of the issuer of the securities
 and were not acquired and are not held in connection with 
or as a participant in any transaction having that purpose 
or effect.

SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, 
I certify that the information set forth in this statement
is true, 
complete and correct.

Date: January 7, 2005
Signature: Stanley C. Cruden
Name/Title: Stanley C. Cruden, Individual