SOUTH BRUNSWICK COMMUNITY DEV CORP (EIN 222220531) - 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

1977

Legal Domicile

Principal Officer

GARY WESALO

Phone

7322977966

Tax Period

2024-01-01 to 2024-12-31

SOUTH BRUNSWICK COMMUNITY DEV CORP, founded in 1977, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 12% surplus.

Mission

OWNERSHIP & OPERATION OF A LOW-INCOME HOUSING MULTIFAMILY PROJECT

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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 $66,714

Program Service Revenue $1,157,623

Investment Income $93,030

Other Revenue $1,376

TOTAL REVENUE $1,318,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $480,096

Fundraising Expenses $0

Program Expenses $958,469

Other Expenses $685,042

TOTAL EXPENSES $1,165,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,318,743	$1,198,702	+0.1%
Expenses	$1,165,138	$1,106,874	+0.1%
Net Income	$153,605	$91,828	+0.7%

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

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

$161,794

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN KANE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ANNE LUCK	PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARA CHRISTIANO	TRUSTEE	1.00	Director	$0	$0	$0
EILEEN JANSSON	TRUSTEE	1.00	Director	$0	$0	$0
PAUL DWYER	TRUSTEE	1.00	Director	$0	$0	$0
KAMAL NAJJAR	TRUSTEE	1.00	Director	$0	$0	$0
MARTHA ASINOBI	SECRETARY	1.00	Officer Director	$0	$0	$0
JESSIE PARKER	TRUSTEE	1.00	Director	$0	$0	$0
GARY WESALO	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM BUZBY JR	TRUSTEE	1.00	Director	$0	$0	$0
BOB HOLT	TRUSTEE	1.00	Director	$0	$0	$0
NOOR JAFAR	TRUSTEE	1.00	Director	$0	$0	$0
KAREN SCALERA	EXECUTIVE DIRECTOR	20.00	Officer	$153,779	$8,015	$161,794

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	$1,318,743	$1,165,138	$6,646,329	$153,605
2023	$1,198,702	$1,106,874	$5,848,060	$91,828
2022	$1,132,633	$1,073,432	$5,725,816	$59,201
2021	$1,162,991	$1,070,156	$6,023,051	$92,835
2020	$1,135,306	$1,061,980	$6,093,592	$73,326
2019	$1,326,618	$1,169,431	$5,946,922	$157,187
2018	$1,136,828	$1,053,343	$5,879,509	$83,485

SOUTH BRUNSWICK COMMUNITY DEV CORP