Venture Development 2004 Inc (EIN 203293388) - 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

2005

Legal Domicile

Phone

8456245323

Tax Period

2023-01-01 to 2023-12-31

Venture Development 2004 Inc, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $51K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $70K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO PROVIDE HOUSING TO DISABLED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $51,120

Investment Income $9

Other Revenue $0

TOTAL REVENUE $51,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,708

Fundraising Expenses $0

Program Expenses $53,652

Other Expenses $63,628

TOTAL EXPENSES $70,336

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,129	$54,009	-0.1%
Expenses	$70,336	$74,063	-0.1%
Net Income	$-19,207	$-20,054	0.0%

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

$505,404

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIRMAN	1.0	Officer Director	$0	$0	$0
N/A	TREASURER	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	CHIEF FINANCIAL OFFICER	1.0	Officer	$0	$1,153	$215,593
N/A	CHIEF EXECUTIVE OFFICER	1.0	Officer	$0	$38,189	$289,811

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	$51,129	$70,336	$591,300	$-19,207
2022	$54,009	$74,063	$622,527	$-20,054
2021	$52,254	$78,250	$630,422	$-25,996
2020	$47,864	$60,882	$643,670	$-13,018
2019	$47,928	$66,333	$661,633	$-18,405
2018	$47,665	$75,414	$677,973	$-27,749

Venture Development 2004 Inc