FOUR CORNERS DEVELOPMENT CORPORATION (EIN 222816977) - 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

1987

Legal Domicile

Principal Officer

STEVEN GODFREY

Phone

6174370200

Tax Period

2021-01-01 to 2021-12-31

FOUR CORNERS DEVELOPMENT CORPORATION, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $195K in total revenue in fiscal year 2021. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $145K, a strong 74% operating margin.

Mission

PROVIDES ASSISTANCE IN CREATING HOUSING FOR LOW AND MIDDLE INCOME RESIDENTS IN THE SOUTH END OF BOSTON.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $194,550

Investment Income $80

Other Revenue $0

TOTAL REVENUE $194,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,308

Other Expenses $49,913

TOTAL EXPENSES $49,913

Year-over-Year Comparison

	2021	2020	Change
Revenue	$194,630	$261,547	-0.3%
Expenses	$49,913	$40,429	+0.2%
Net Income	$144,717	$221,118	-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

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

$26,700

Total Directors

$26,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN GODFREY	PRESIDENT	20.00	Officer Director	$26,700	$0	$26,700
SYVALIA HYMAN III	DIRECTOR	20.00	Director	$0	$0	$0
JENNY GRAY	DIRECTOR	20.00	Director	$0	$0	$0
JOSHUA YOUNG	TREASURER	20.00	Officer Director	$0	$0	$0
ROSALINDA MIDENCE	CLERK	20.00	Officer 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
2021	$194,630	$49,913	$971,566	$144,717
2020	$261,547	$40,429	$810,729	$221,118
2019	$208,924	$76,296	$599,362	$132,628
2018	$197,117	$40,208	$455,448	$156,909

FOUR CORNERS DEVELOPMENT CORPORATION