EDGEWOOD CORNERS INC

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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

1996

Legal Domicile

Principal Officer

DANIEL GREER

Tax Period

2023-01-01 to 2023-12-31

EDGEWOOD CORNERS INC, founded in 1996, is a micro nonprofit in the Community Improvement sector that reported $24K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $27K exceeded revenue, resulting in a 14% operating deficit.

Mission

SUPPORT OF LOCAL CHARITABLE ORGANIZATIONS

Program Service Accomplishments

Program 1

Expenses: $27,200

SUPPORT TO EDGEWOOD ELM HOUSING , INC., F.O.H., INC., YEDIDEI HAGAN INC., AND EDGEWOOD VILLAGE, INC., WHICH ACQUIRE AND RESTORE PROPERTIES TO PROVIDE LOW AND MODERATE INCOME HOUSING. YEDIDEI HAGAN...

SUPPORT TO EDGEWOOD ELM HOUSING , INC., F.O.H., INC., YEDIDEI HAGAN INC., AND EDGEWOOD VILLAGE, INC., WHICH ACQUIRE AND RESTORE PROPERTIES TO PROVIDE LOW AND MODERATE INCOME HOUSING. YEDIDEI HAGAN INC.'S PRIMARY FUNCTION IS TO SUPPORT AN EDUCATIONAL INSTITUTION.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $23,759

TOTAL REVENUE $23,759

Expense Breakdown

Grants Paid $27,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,200

Other Expenses $0

TOTAL EXPENSES $27,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,759	$27,327	-0.1%
Expenses	$27,200	$35,500	-0.2%
Net Income	$-3,441	$-8,173	-0.6%

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
DANIEL GREER	PRESIDENT	N/A	Officer Director	$0	$0	$0
SARAH GREER	SECRETARY/DI	N/A	Officer Director	$0	$0	$0
JEAN LEDBURY	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
2024	No data	No data	No data	No data
2023	$23,759	$27,200	$127,904	$-3,441
2022	$27,327	$35,500	$131,345	$-8,173
2020	$-5,639	No data	$259,751	No data
2018	$62,460	$42,000	$158,641	$20,460