St Vincent's Development Inc (EIN 222554128) - 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

1985

Legal Domicile

Principal Officer

Chibueze Agba

Phone

8606963563

Tax Period

2023-10-01 to 2024-09-30

St Vincent's Development Inc, founded in 1985, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $3.6M exceeded revenue, resulting in a 30% operating deficit.

Mission

Manage buildings and provide facilities for St. Vincent's Health Services Corp and affiliates.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,741,472

Investment Income $0

Other Revenue $30,155

TOTAL REVENUE $2,771,627

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,598,288

TOTAL EXPENSES $3,598,288

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,771,627	$3,269,311	-0.2%
Expenses	$3,598,288	$4,139,438	-0.1%
Net Income	$-826,661	$-870,127	0.0%

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

$4,479,046

Total Directors

$4,479,046

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chibueze Agba	Director	2.00	Officer Director	$0	$235,578	$1,934,908
Michael Daglio	Director (Thru 04/2024)	2.00	Officer Director	$0	$188,591	$1,488,416
Thomas Vaccarelli	Director & Secretary	2.00	Officer Director	$0	$55,906	$567,155
Carol Wardell	Director & Treasurer	2.00	Officer Director	$0	$65,922	$488,567
Fred Sorbo III	Former Dir & Treas (Thru 5/22)	0.00		$0	$3,839	$100,916

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	$2,771,627	$3,598,288	$25,557,336	$-826,661
2023	$3,269,311	$4,139,438	$26,550,931	$-870,127
2022	$3,429,268	$3,268,762	$27,804,858	$160,506
2021	$3,404,975	$3,700,266	$27,854,287	$-295,291
2020	$2,299,712	$1,953,351	$28,192,481	$346,361
2019	$2,842,494	$2,244,002	$15,172,763	$598,492
2018	$3,110,833	$2,450,933	$15,371,838	$659,900

St Vincent's Development Inc