FAC CENTER LOCAL DEVELOPMENT CORPORATION (EIN 202849260) - Form 990 Financial Analysis & Trantor Score

🔒

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

MICHELLE DE LA UZ

Phone

7182372017

Tax Period

2023-07-01 to 2024-06-30

FAC CENTER LOCAL DEVELOPMENT CORPORATION, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $751K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $202K, a strong 27% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO REDUCE UNEMPLOYMENT AND EXPAND JOB OPPORTUNITIES IN THE SOUTH BROOKLYN AREA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $733,402

Investment Income $15,708

Other Revenue $1,787

TOTAL REVENUE $750,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $541,013

Other Expenses $549,013

TOTAL EXPENSES $549,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$750,897	$3,338,292	-0.8%
Expenses	$549,013	$805,147	-0.3%
Net Income	$201,884	$2,533,145	-0.9%

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

$255,466

Total Directors

$255,466

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE DE LA UZ	SECRETARY	0.50	Officer Director	$0	$10,646	$255,466
DANY CUNNIGHAM	PRESIDENT	0.50	Officer Director	$0	$0	$0
JESSICA YAGER	TREASURER	0.50	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	No data	No data	No data	No data
2024	$750,897	$549,013	$6,768,195	$201,884
2023	$3,338,292	$805,147	$6,759,552	$2,533,145
2022	$710,334	$543,844	$4,397,685	$166,490
2021	$707,974	$583,602	$4,431,839	$124,372
2020	$863,702	$568,590	$4,541,493	$295,112

FAC CENTER LOCAL DEVELOPMENT CORPORATION