KING HIGHLAND COMMUNITY REDEVELOPMENT CORPORATION (EIN 201553686) - 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

2004

Legal Domicile

Principal Officer

BRANDON WILLIAMS

Phone

5132211687

Tax Period

2024-07-01 to 2025-06-30

KING HIGHLAND COMMUNITY REDEVELOPMENT CORPORATION, founded in 2004, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $3.8M exceeded revenue, resulting in a 39% operating deficit.

Mission

ORGANIZED FOR THE PURPOSE OF COMBATING COMMUNITY DETERIORATION, ADVANCING EDUCATION, AND LESSENING THE BURDEN OF GOVERNMENT IN A BLIGHTED AREA

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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 $2,753,803

Investment Income $0

Other Revenue $2,537

TOTAL REVENUE $2,756,340

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,610,650

Other Expenses $3,801,400

TOTAL EXPENSES $3,821,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,756,340	$2,949,362	-0.1%
Expenses	$3,821,400	$3,946,452	0.0%
Net Income	$-1,065,060	$-997,090	+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

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
BRANDON WILLIAMS	DIRECTOR	10.00	Officer Director	$0	$0	$0
PATRICE BURKE	PRESIDENT	2.00	Officer Director	$0	$0	$0
MEGAN SMITH	TREASURER	2.00	Officer Director	$0	$0	$0
BROOKE HUCK	SECRETARY	2.00	Officer Director	$0	$0	$0
FRANCIS LARKIN	VICE - PRESIDENT	2.00	Officer 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	$2,756,340	$3,821,400	$28,569,875	$-1,065,060
2024	$2,949,362	$3,946,452	$29,512,362	$-997,090
2023	$2,649,080	$3,953,276	$30,517,799	$-1,304,196
2022	$2,552,802	$4,018,227	$31,775,825	$-1,465,425
2021	$2,909,928	$3,975,852	$32,830,933	$-1,065,924
2020	$2,586,642	$3,835,345	$33,943,736	$-1,248,703
2019	$2,840,489	$3,897,151	$35,220,574	$-1,056,662
2018	$2,746,616	$3,852,022	$36,360,836	$-1,105,406

KING HIGHLAND COMMUNITY REDEVELOPMENT CORPORATION