WOLFFORTH COMMUNITY DEVELOPMENT CORPORAT

EIN: 203520678 501(c)(3) Education

WOLFFORTH, TX

Total Revenue
$55,134
Total Expenses
$50,417
Total Assets
$515,507
Net Assets
$515,507
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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
2011
Legal Domicile
TX
Principal Officer
ROBIN REYNOLDS
Phone
8068664215
Tax Period
2022-01-01 to 2022-12-31

WOLFFORTH COMMUNITY DEVELOPMENT CORPORAT, founded in 2011, is a micro nonprofit in the Education sector that reported $55K in total revenue in fiscal year 2022. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $50K left a modest 9% surplus.

Mission

PROVIDE ECONOMIC DEVELOPMENT OF CITY OF WOLFFORTH.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $479
Other Revenue $54,655
TOTAL REVENUE $55,134

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $50,417
Other Expenses $50,417
TOTAL EXPENSES $50,417

Year-over-Year Comparison

2022 2021 Change
Revenue $55,134 $122,301 -0.5%
Expenses $50,417 $38,071 +0.3%
Net Income $4,717 $84,230 -0.9%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY GROSS CHAIRMAN 5.00
Officer
$0 $0 $0
ROBIN REYNOLDS SEC/TREASURER 5.00
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
2022 $55,134 $50,417 $515,507 $4,717
2021 $122,301 $38,071 $510,790 $84,230
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