MAP DEVELOPMENT CORPORATION (EIN 050497077) - 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

1997

Legal Domicile

Principal Officer

WILLIAM ROSE

Phone

4017850050

Tax Period

2023-07-01 to 2024-06-30

MAP DEVELOPMENT CORPORATION, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $182K in total revenue in fiscal year 2023. Expenses of $263K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE PERMANENT HOUSING FOR ECONOMICALLY CHALLENGED, DISABLE PERSONS.

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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 $140,298

Program Service Revenue $41,499

Investment Income $13

Other Revenue $0

TOTAL REVENUE $181,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,776

Other Expenses $262,554

TOTAL EXPENSES $262,554

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,810	$175,828	+0.0%
Expenses	$262,554	$263,622	0.0%
Net Income	$-80,744	$-87,794	-0.1%

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
WILLIAM ROSE	PRESIDENT	N/A	Officer Director	$0	$0	$0
TOM CONNOR	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID JENNINGS	DIRECTOR	N/A	Director	$0	$0	$0
DR JESSE J JORDAN JR	DIRECTOR	N/A	Director	$0	$0	$0
LINDA CLINE	DIRECTOR	N/A	Director	$0	$0	$0
ROLAND MEADOWS	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$181,810	$262,554	$659,851	$-80,744
2023	$175,828	$263,622	$745,643	$-87,794
2022	$164,168	$227,367	$780,909	$-63,199
2021	$167,741	$151,317	$800,716	$16,424
2020	$178,928	$160,245	$775,959	$18,683
2019	$180,391	$175,996	$816,633	$4,395
2018	$177,177	$192,295	$811,198	$-15,118

MAP DEVELOPMENT CORPORATION