GENESIS COMMUNITY DEVELOPMENT CORP (EIN 030594239) - 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

2006

Legal Domicile

Principal Officer

MARK REID

Phone

7314221671

Tax Period

2024-07-01 to 2025-06-30

GENESIS COMMUNITY DEVELOPMENT CORP, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $50K in total revenue in fiscal year 2024.

Mission

PROVIDE THE IMPROVEMENT OF THE PHYSICAL, ECONOMIC, OR SOCIAL ENVIRONMENT OF WEST TENNESSEE BY ADRESSING ONE OR MORE CRITICAL PROBLEMS OF THE AREA, WITH PARTICULAR ATTENTION TO THE NEEDS OF LOW OR MODERATE INCOME.

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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 $50,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,000

Other Expenses $821

TOTAL EXPENSES $50,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,000	$50,000	N/A
Expenses	$50,821	$50,820	+0.0%
Net Income	$-821	$-820	+0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOVELL C HAYES	CHAIR	1.00	Director	$0	$0	$0
DERICK FULLER	VICE CHAIR	1.00	Director	$0	$0	$0
MARK C REID	TREASURER/SECRETARY	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
2025	$50,000	$50,821	$338,810	$-821
2024	$50,000	$50,820	$348,403	$-820
2023	$44,995	$45,766	$348,938	$-771
2022	$50,000	$50,770	$341,222	$-770
2021	$52,500	$50,770	$351,767	$1,730
2020	$48,300	$46,750	$332,510	$1,550
2019	$63,681	$50,770	$409,376	$12,911

GENESIS COMMUNITY DEVELOPMENT CORP