Dallas, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Frazier Revitalization Inc, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 430% from the prior year, signaling strong growth momentum. Expenses of $2.2M left a modest 9% surplus.
Economic, cultural development, and revitalization of the South Dallas Fair Park area.
Frazier Revitalization (the Organization) continues to work within the framework and in accordance with the comprehensive revitalization plan adopted by the City of Dallas. The Organization continues...
Frazier Revitalization (the Organization) continues to work within the framework and in accordance with the comprehensive revitalization plan adopted by the City of Dallas. The Organization continues to work toward a planned development at the corner of Elsie Faye Heggins (formerly Hatcher) and Scyene to be the catalyst transit-oriented development (TOD) as prescribed in the comprehensive revitalization plan of the City, Community and the TOD study (also adopted by the City of Dallas). A 44,378 square foot clinic was completed and leased to Parkland Health, opening in 2015 as a community oriented primary care clinic. The facility was sold to Parkland Health in 2021. Phase 2 of the development includes a 4,340 square foot clinic that was constructed by FRIHS GP, LLC a wholly owned subsidiary of the Organization, and once it was completed it was donated to Texas A&M University System in 2021, specifically the School of Dentistry, for their use as a dental clinic. The 8 chair state of the art clinic was completed in the fall of 2020, donated to Texas A&M University System in March 2021 and opened in April 2021.In 2021, Frazier Revitalization launched a home improvement program to address the deteriorating housing stock in the neighborhood. Since inception of the program through year end 2023, 25 homes have been addressed at a cost of just under $2MM. In addition to securing and/or spurring wealth creation and addressing residents' priorities in homes, the program addresses other concerns such as their health, safety and livability in their community, and also offers wraparound services such as financial training, understanding the importance of, and having access to will preparation and estate planning, property tax consulting, home maintenance training, and computer skills classes. Frazier Healthy Homes, LLC, a wholly owned subsidiary of Frazier Revitalization, Inc. contracts with the homeowners and construction contractors and sub-contractors to improve the homes.Frazier Revitalization functions as a quarterback organization bridging the neighborhood residents and institutional and city-wide organizations with a trauma informed approach. Since 2009 the Organization has offered afterschool and summer programming for approximately 50 students grades K-8, with a particular focus on program based learning and social and emotional health.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,430,938 | $458,471 | +4.3% |
| Expenses | $2,222,048 | $1,621,592 | +0.4% |
| Net Income | $208,890 | $-1,163,121 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| J McDonald Williams | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Lucy Cain | Trustee/Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Antong Lucky | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Benjamin Glispie | Trustee/ Chairman of the B | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sonya Woods Rose | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mallory Muse | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Neel Shetti | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dorothy Hopkins | President & CEO | 40.00 |
Officer
|
$25,000 | $6,000 | $125,000 |
| Felisa Conner | VP of Operations | 40.00 |
Highest
|
$115,385 | $10,225 | $125,610 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,430,938 | $2,222,048 | $11,978,968 | $208,890 |
| 2022 | $458,471 | $1,621,592 | $10,930,734 | $-1,163,121 |
| 2021 | $14,569,658 | $7,369,091 | $12,774,298 | $7,200,567 |
| 2020 | $3,219,478 | $2,044,270 | $16,845,141 | $1,175,208 |
| 2019 | $4,766,526 | $1,845,026 | $15,718,074 | $2,921,500 |
| 2018 | $1,975,518 | $1,863,650 | $13,149,820 | $111,868 |
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