FRANKLIN COUNTY COMMUNITY DEVELOP- MENT & LAND TRUST CORPORATION

EIN: 204329498 501(c)(3) Housing & Shelter

EASTPOINT, FL

Total Revenue
$6,218
Total Expenses
$1,386
Total Assets
$506,084
Net Assets
$491,588
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Principal Officer
CLIFF BUTLER
Phone
8506535848
Tax Period
2023-01-01 to 2023-12-31

FRANKLIN COUNTY COMMUNITY DEVELOP- MENT & LAND TRUST CORPORATION, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $6K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5K, a strong 78% operating margin.

Mission

TO ENGAGE IN COMMUNITY DEVELOPMENT ACTIVITIES (WHICH MAY INCLUDE HOUSING AND ECONOMIC DEVELOPMENT ACTIVITIES) THAT ARE INTENDED TO LEAD TO AN IMPROVEMENT OF THE PHYSICAL, ECONOMIC OR SOCIAL ENVIRONMENT OF FRANKLIN COUNTY, FLORIDA BY ADDRESSING ONE OR MORE OF THE CRITICAL PROBLEMS OF THE AREA WITH ATTENTION TO THE NEEDS OF PERSONS WITH VERY LOW, LOW, AND MODERATE INCOME. THESE ACTIVITIES SHALL BE UNDERTAKEN PRIMARILY, BUT NOT EXCLUSIVELY, IN THE CORPORATION'S GEOGRAPHIC AREA OF OPERATION. TO LESSEN THE BURDENS OF GOVERNMENT, LESSEN NEIGHBORHOOD TENSIONS, ELIMINATE PREJUDICE, ELIMINATE DISCRIMINATION, AND COMBAT COMMUNITY DETERIORATION. TO AID, SUPPORT, AND ASSIST BY GIFTS, CONTRIBUTIONS, OR OTHERWISE, OTHER CORPORATIONS, COMMUNITY CHESTS, FUNDS AND FOUNDATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL OR SCIENTIFIC PURPOSES, NO PART OF THE NET EARNINGS OF WHICH INURES TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL, AND NO SUBSTANTIAL PART OF THE ACTIVITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $345
Program Service Revenue $5,135
Investment Income $738
Other Revenue $0
TOTAL REVENUE $6,218

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $980
Other Expenses $1,386
TOTAL EXPENSES $1,386

Year-over-Year Comparison

2023 2022 Change
Revenue $6,218 $3,035 +1.0%
Expenses $1,386 $12,047 -0.9%
Net Income $4,832 $-9,012 -1.5%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOIS SWOBODA DECEASED DIRECTOR UNT 0.25
Director
$0 $0 $0
CLIFF BUTLER TREASURER 12.00
Officer Director
$0 $0 $0
DENISE BUTLER SECRETARY 1.00
Officer Director
$0 $0 $0
DAN HARTMAN CHAIRMAN 0.75
Officer Director
$0 $0 $0
SHANNON LEASE DIRECTOR 0.50
Director
$0 $0 $0
VALENTINA WEBB DIRECTOR 0.25
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
2024 No data No data No data No data
2023 $6,218 $1,386 $506,084 $4,832
2022 $3,035 $12,047 $500,913 $-9,012
2021 $2,315 $16,422 $498,180 $-14,107
2020 $433,872 $98,143 $514,141 $335,729
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