HARVEST OUTREACH CENTER INC (EIN 201927928) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

MIKE DAILY

Phone

4349449807

Tax Period

2023-01-01 to 2023-12-31

HARVEST OUTREACH CENTER INC, founded in 2005, is a community nonprofit in the Youth Development sector that reported $2.1M in total revenue in fiscal year 2019. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 6% surplus.

Mission

HARVEST OUTREACH CENTER EXISTS TO PROVIDE UNDERPRIVILEGED CHILDREN FROM CAMPBELL COUNTY, VIRGINIA THE OPPORTUNITY TO SUCCEED BY PROVIDING COUNSELING, TUTORING, AND MENTORING IN A CLEAN, HEALTHY AND SAFE ENVIRONMENT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $701,162

Program Service Revenue $7,134,208

Investment Income $27

Other Revenue $0

TOTAL REVENUE $7,835,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,478,646

Fundraising Expenses $0

Program Expenses $7,641,583

Other Expenses $1,281,442

TOTAL EXPENSES $7,760,088

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,835,397	$7,733,719	+0.0%
Expenses	$7,760,088	$7,311,640	+0.1%
Net Income	$75,309	$422,079	-0.8%

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

185

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
MARY LYNNE ARNOLD	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
JUDIE CONNELLY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DAILY	CHAIR PERSON	1.00	Director	$0	$0	$0
CARRINGTON CONNELLY	EXECUTIVE DI	40.00	Officer	$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
2024	No data	No data	No data	No data
2023	$7,835,397	$7,760,088	$3,762,364	$75,309
2022	$7,733,719	$7,311,640	$4,119,106	$422,079
2021	$5,046,350	$4,173,891	$1,942,175	$872,459
2020	$1,548,676	$3,021,540	$733,565	$-1,472,864
2019	$2,110,597	$1,985,878	$744,019	$124,719

HARVEST OUTREACH CENTER INC