COMMUNITY POTENTIAL INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

JEAN WESCOTT

Phone

6077239491

Tax Period

2023-07-01 to 2024-06-30

COMMUNITY POTENTIAL INC, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $35K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $190K exceeded revenue, resulting in a 439% operating deficit.

Mission

COMMUNITY POTENTIAL'S MISSION IS TO INCREASE THE NUMBER OF AVAILABLE HOUSING UNITS IN BINGHAMTON AND BROOME COUNTY THROUGH THE CONSTRUCTION OF NEW LOW-INCOME HOUSING, AND TO IMPROVE AND RENOVATE SUB-STANDARD PROPERTIES. THE CORPORATION WILL ALSO ASSIST LOW AND MODERATE-INCOME FAMILIES IN SEARCHING FOR AND FINANCING SINGLE-FAMILY HOUSING THROUGH WORKSHOPS AND COUNSELING AS WELL AS ASSISTANCE IN BORROWING FUNDS.

Program Service Accomplishments

Program 1

Expenses: $186,854 Revenue: $35,316

PROVIDED LOW INCOME HOUSING UNITS TO THE NEEDY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $35,316

TOTAL REVENUE $35,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,749

Fundraising Expenses $0

Program Expenses $186,854

Other Expenses $118,630

TOTAL EXPENSES $190,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,316	$42,362	-0.2%
Expenses	$190,379	$90,478	+1.1%
Net Income	$-155,063	$-48,116	+2.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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
ROBERT WARHOLIC	PRESIDENT	1.00	Officer Director	$0	$0	$0
JUSTIN MARCHUSKA	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
NATE KELSEY	SECRETARY	1.00	Officer Director	$0	$0	$0
BARRY JOHN	BOARD MEMBER	1.00	Director	$0	$0	$0
SALLY COLLETTI	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINA SCHAEFER	BOARD MEMBER	1.00	Director	$0	$0	$0
LESLEY CORNWALL	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMI ROBINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JEAN WESTCOTT	CEO	2.00	Officer	$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	No data	No data	No data	No data
2024	$35,316	$190,379	$1,637,799	$-155,063
2023	$42,362	$90,478	$1,644,709	$-48,116