Collaborative Development Corporation (EIN 030406037) - 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

Joseph King

Phone

3057885412

Tax Period

2024-01-01 to 2024-12-31

Collaborative Development Corporation, founded in 2002, is a micro nonprofit in the Housing & Shelter sector that reported $75K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 19% operating margin.

Mission

CDC focuses on stabilization housing and job readiness in order to strengthen both the family and the clients we support

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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 (2024)

Revenue Breakdown

Contributions & Grants $50,020

Program Service Revenue $24,750

Investment Income $0

Other Revenue $0

TOTAL REVENUE $74,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,312

Fundraising Expenses $0

Other Expenses $43,331

TOTAL EXPENSES $60,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,770	$59,400	+0.3%
Expenses	$60,643	$18,357	+2.3%
Net Income	$14,127	$41,043	-0.7%

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

N/A

Employees

N/A

Volunteers

N/A

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

$17,312

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH KING	PresidentCEO	40.00	Officer	$17,312	$0	$17,312
THELMA GIBSON	Director	5.00	Director	$0	$0	$0
GORDON FALES	Director	2.00	Director	$0	$0	$0
BRENDA RIVERS	Director	2.00	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	$74,770	$60,643	$7,522,446	$14,127
2023	$59,400	$18,357	$7,508,319	$41,043
2022	$5,250	$10,956	$7,507,804	$-5,706

Collaborative Development Corporation