United Community Corporation (EIN 221761128) - 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

1964

Legal Domicile

Principal Officer

Craig Mainor

Phone

9736420181

Tax Period

2024-01-01 to 2024-12-31

United Community Corporation, founded in 1964, is a mid-sized nonprofit in the Human Services sector that reported $10.2M in total revenue in fiscal year 2024. Expenses of $11.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

To assist low-income, disadvantaged and at-risk individuals and families in Newark to become self-supporting while enhancing their quality of life and standard of living.

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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 $10,061,245

Program Service Revenue $79,333

Investment Income $12,784

Other Revenue $31,584

TOTAL REVENUE $10,184,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,466,050

Fundraising Expenses $70,774

Program Expenses $9,007,844

Other Expenses $4,806,575

TOTAL EXPENSES $11,272,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,184,946	$10,023,528	+0.0%
Expenses	$11,272,625	$9,028,136	+0.2%
Net Income	$-1,087,679	$995,392	-2.1%

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

159

Volunteers

475

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

$283,571

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Craig Mainor	Executive Director	35.0	Officer	$150,744	$10,922	$161,666
Julia Ochoa	Director of Finance	35.0	Officer	$112,572	$9,333	$121,905
John Jewell	Chairperson	2.0	Officer Director	$0	$0	$0
HOUSTON STEVENS	Vice Chair	2.0	Officer Director	$0	$0	$0
MELISSA PRASHAD	SECRETARY	2.0	Officer Director	$0	$0	$0
SAMUEL C ARNOLD	TREASURER	2.0	Officer Director	$0	$0	$0
Everett Johnson ESQ	Member	2.0	Director	$0	$0	$0
Bianca Lopez	Member	2.0	Director	$0	$0	$0
DR E ASYAH AQUIL	MEMBER	2.0	Director	$0	$0	$0
DIANNE GREEN	MEMBER	2.0	Director	$0	$0	$0
Mark Perry	MEMBER	2.0	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	$10,184,946	$11,272,625	$7,770,156	$-1,087,679
2023	$10,023,528	$9,028,136	$9,140,093	$995,392
2022	$10,482,886	$8,446,107	$5,977,222	$2,036,779
2021	$7,284,181	$6,420,994	$4,643,059	$863,187
2020	$4,579,448	$4,611,571	$4,133,554	$-32,123
2019	$3,926,904	$3,978,583	$3,393,313	$-51,679
2018	$3,392,187	$3,684,997	$3,369,294	$-292,810

United Community Corporation