WORD OF FAITH COMMUNITY DEVELOPMENT CORP (EIN 208991826) - 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

2007

Legal Domicile

Principal Officer

PATRICKA BROWN

Phone

5617661973

Tax Period

2024-01-01 to 2024-12-31

WORD OF FAITH COMMUNITY DEVELOPMENT CORP, founded in 2007, is a micro nonprofit in the Human Services sector that reported $15K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $6K, a strong 38% operating margin.

Mission

PROVIDE LOW COST RENTAL PROPERTY

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $51

Other Revenue $15,025

TOTAL REVENUE $15,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,700

Fundraising Expenses $0

Program Expenses $1,000

Other Expenses $1,703

TOTAL EXPENSES $9,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,076	$18,038	-0.2%
Expenses	$9,403	$10,423	-0.1%
Net Income	$5,673	$7,615	-0.3%

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

N/A

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

Total Directors

$7,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICKA BROWN	Executive Dir.	10.00	Director	$7,700	$0	$7,700
VONSHEL ANDERSON	BOARD MEMEBR	1.00	Director	$0	$0	$0
TAMEKA ERVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
CLARECE HAYES	BOARD MEMBER	1.00	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	$15,076	$9,403	$610,500	$5,673
2023	No data	No data	No data	No data
2022	$2,823	$15,556	$597,212	$-12,733
2021	$33,509	$10,642	$609,945	$22,867
2020	$22,506	$11,339	$587,078	$11,167
2019	$33,941	$9,719	$575,911	$24,222
2018	$4,979	$8,856	$524,089	$-3,877

WORD OF FAITH COMMUNITY DEVELOPMENT CORP