Harlem Memorial Community Developm… - Form 990 Financial Data

🔒

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

2004

Legal Domicile

Principal Officer

ANITA PARKER

Phone

9174142668

Tax Period

2019-07-01 to 2020-06-30

Harlem Memorial Community Development Inc, founded in 2004, is a micro nonprofit that reported $77K in total revenue in fiscal year 2019. Revenue surged 1704% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 15% operating margin.

Mission

Committed to providing empowerment charitable services which will benefit the residents of the community. Offering fiscal sponsorship opportunities for individual non profit projects

Program Service Accomplishments

Program 1

Expenses: $60,730 Revenue: $73,130

Fiscal sponsorship of the organization and project Neighborhood Benches facilited by William Evans. Neighborhood Benches offers a fellows retreat, summit conferences and leadership development...

Fiscal sponsorship of the organization and project Neighborhood Benches facilited by William Evans. Neighborhood Benches offers a fellows retreat, summit conferences and leadership development activities for students in the community

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $76,600

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $76,600

Expense Breakdown

Grants Paid $60,730

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,730

Other Expenses $4,225

TOTAL EXPENSES $64,955

Year-over-Year Comparison

	2019	2018	Change
Revenue	$76,600	$4,247	+17.0%
Expenses	$64,955	$4,095	+14.9%
Net Income	$11,645	$152	+75.6%

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

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
ANITA PARKER	CHAIRPERSON	N/A	Director	$0	$0	$0
LONNIE BRADLEY	TREASURER	N/A	Director	$0	$0	$0
ELIYAAS R PRIOLEAU ELLIS	SECRETARY	N/A	Director	$0	$0	$0
FREDERICK WILSON	PRESIDENTCEO	N/A		$0	$0	$0
DESIREE DOVIW	VICE CHAIR	N/A	Director	$0	$0	$0
VALERIE SETTLES	MEMBER	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
2020	$76,600	$64,955	$12,659	$11,645

Harlem Memorial Community Development Inc