CEDC INCORPORATED (EIN 112254468) - 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

1971

Legal Domicile

Phone

5162929710

Tax Period

2024-07-01 to 2025-06-30

CEDC INCORPORATED, founded in 1971, is a small nonprofit that reported $388K in total revenue in fiscal year 2024. Expenses of $358K left a modest 8% surplus.

Mission

CEDC, INCORPORATED IS AN AFFILIATE OF THE ECONOMIC OPPORTUNITY COMMISSION OF NASSAU COUNTY, INC. WHICH IS PRINCIPALLY ENGAGED IN PLANNING, COORDINATING, INITIATING, EVALUATING & GENERALLY SUPERVISING PROGRAMS DESIGNED TO PERMANENTLY ELIMINATE OR REDUCE POVERTY IN NASSAU COUNTY.

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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 $0

Program Service Revenue $388,430

Investment Income $15

Other Revenue $0

TOTAL REVENUE $388,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,009

Fundraising Expenses $0

Program Expenses $221,646

Other Expenses $279,234

TOTAL EXPENSES $358,243

Year-over-Year Comparison

	2024	2023	Change
Revenue	$388,445	N/A	N/A
Expenses	$358,243	N/A	N/A
Net Income	$30,202	N/A	N/A

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

Volunteers

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
Angela Young	Chairman	1.00	Officer Director	$0	$0	$0
Angela Crowder	Vice-Chairman	1.00	Officer Director	$0	$0	$0
Seymour Edwards	Secretary	1.00	Officer Director	$0	$0	$0
Herman Matson	Treasurer	1.00	Officer Director	$0	$0	$0
Loretta Wilcox	Director	1.00	Director	$0	$0	$0
Blanca Fabian	Director	1.00	Director	$0	$0	$0
Anthony DeLeaver	Director	1.00	Director	$0	$0	$0
Lenora Quinones	Director	1.00	Director	$0	$0	$0
Barbara Cromer	Director	1.00	Director	$0	$0	$0
Judy Puckerin	Director	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	$388,445	$358,243	$1,136,363	$30,202
2024	$334,121	$388,505	$1,087,566	$-54,384
2023	$313,261	$257,570	$1,113,184	$55,691
2022	$369,975	$304,328	$1,137,141	$65,647
2021	$262,842	$337,578	$983,481	$-74,736
2020	$247,556	$287,580	$1,060,836	$-40,024
2019	$330,468	$282,209	$1,100,229	$48,259
2018	$315,590	$324,122	$1,061,933	$-8,532

CEDC INCORPORATED