Center for Urban Rehabilitation and Empowerment Inc (EIN 134074024) - 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

1999

Legal Domicile

Principal Officer

Lamont Brown

Phone

9142070648

Tax Period

2023-01-01 to 2023-12-31

Center for Urban Rehabilitation and Empowerment Inc, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $631K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

To develop, build, rehabilitate and/or own housing for families of low to moderate means.

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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 $400,000

Program Service Revenue $230,431

Investment Income $247

Other Revenue $6

TOTAL REVENUE $630,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $539,767

Other Expenses $614,156

TOTAL EXPENSES $614,156

Year-over-Year Comparison

	2023	2022	Change
Revenue	$630,684	$740,933	-0.1%
Expenses	$614,156	$715,625	-0.1%
Net Income	$16,528	$25,308	-0.3%

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

$174,998

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LaMount Brown	Chairperson	2.00	Officer	$0	$0	$0
Walter Jacobs	Board Member	2.00	Officer	$0	$0	$0
Lorraine Cooper	Treasurer	2.00	Officer	$0	$0	$0
Jerry Jones	Board Member	2.00	Officer	$0	$0	$0
James L Simmons Jr	Executive Dir.	35.00	Key Emp	$174,998	$0	$174,998

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	$630,684	$614,156	$711,496	$16,528
2023	$590,684	$574,156	$730,864	$16,528
2022	$740,933	$715,626	$743,425	$25,307
2021	$386,057	$444,284	$189,521	$-58,227
2020	$311,703	$286,354	$258,670	$25,349
2019	$226,505	$289,061	$143,021	$-62,556
2018	$497,565	$376,382	$235,943	$121,183

Center for Urban Rehabilitation and Empowerment Inc