ACTS COMMUNITY DEVELOPMENT CORPORATION (EIN 010679652) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

VINCENT FUSCO

Phone

7184151170

Tax Period

2023-01-01 to 2023-12-31

ACTS COMMUNITY DEVELOPMENT CORPORATION, founded in 2002, is a small nonprofit that reported $396K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $458K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROVIDE FOR THE POOR AND NEEDY EMERGENCY FOOD, INCLUDING SHELTER AND SOCIAL SERVICES TO HOMELESS PREGNANT WOMEN AND SECTION 8 HOUSING; AND TO PROVIDE A SOUP KITCHEN

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $392,208

Program Service Revenue $4,190

Investment Income $0

Other Revenue $0

TOTAL REVENUE $396,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,990

Fundraising Expenses $1,198

Program Expenses $455,194

Other Expenses $393,355

TOTAL EXPENSES $458,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$396,398	$699,792	-0.4%
Expenses	$458,345	$784,264	-0.4%
Net Income	$-61,947	$-84,472	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCENT FUSCOEX-OFFICO	BOARD MEMBER/CEO	40.00	Officer	$0	$0	$0
SUSAN MIRTI-FUSCO	CHAIRPERSON	40.00	Officer	$0	$0	$0
DAVID HERNQUIST	BOARD MEMBER	1.00	Director	$0	$0	$0
REV CARLOS LOPEZ	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$396,398	$458,345	$6,217	$-61,947
2022	$699,792	$784,264	$84,771	$-84,472
2021	$237,361	$203,928	$132,383	$33,433
2021	$611,232	$577,799	$132,383	$33,433
2020	$515,382	$412,391	$114,852	$102,991
2019	$315,888	$442,085	$16,615	$-126,197
2018	$370,928	$404,874	$144,421	$-33,946

ACTS COMMUNITY DEVELOPMENT CORPORATION