MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Power Center Community Development Corporation, founded in 2004, is a micro nonprofit in the Human Services sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 2226% operating deficit.
To promote inclusive community development, focusing on ensuring fair access to housing, healthcare, education, and economic opportunities for Hickory Hill and its neighboring areas.
In 2024, Power Center CDC expanded its mental health programs, serving over 80 participants through free counseling and the Summer Tuesday Night Therapy series, which significantly reduced distress...
In 2024, Power Center CDC expanded its mental health programs, serving over 80 participants through free counseling and the Summer Tuesday Night Therapy series, which significantly reduced distress levels. The organization was featured in a national report, added new board members, held its annual retreat, secured a website domain, and transitioned Raushanah Morgan to Interim Executive Director. PCCDC also increased community outreach through cleanup events, a Back-to-School Drive, government meetings, and preparations for its 20th Anniversary Fundraiser, supported by 10 volunteers and 3 consultants.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,220 | $22,200 | -0.9% |
| Expenses | $51,642 | $27,576 | +0.9% |
| Net Income | $-49,422 | $-5,376 | +8.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Stacey L Spencer | President | N/A |
|
$0 | $0 | $0 |
| Patrick Carter III | Board Member | N/A |
|
$0 | $0 | $0 |
| Brody Wamble | Board VP | N/A |
|
$0 | $0 | $0 |
| DrMarquetta Nebo | Secretary | N/A |
|
$0 | $0 | $0 |
| Jacquelyn Johnson | Board Member | N/A |
|
$0 | $0 | $0 |
| Dr Steve Ballard | Board Member | N/A |
|
$0 | $0 | $0 |
| Sondretta Green | Board Member/ Treasurer-Elect | N/A |
|
$0 | $0 | $0 |
| Anterrial Harris | Board Member | N/A |
|
$0 | $0 | $0 |
| Rodney Brooks | Board Member | N/A |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,220 | $51,642 | $289,625 | $-49,422 |
| 2023 | $22,200 | $27,576 | $372,522 | $-5,376 |
| 2022 | $332,977 | $110,350 | $422,094 | $222,627 |
Compare The Power Center Community Development Corporation with other nonprofits in Tennessee and across the country.