MT OLIVE DEVELOPMENT CORP (EIN 223174819) - 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

1998

Legal Domicile

Principal Officer

SARAH DANCE

Phone

7168957494

Tax Period

2023-01-01 to 2023-12-31

MT OLIVE DEVELOPMENT CORP, founded in 1998, is a small nonprofit in the Youth Development sector that reported $159K in total revenue in fiscal year 2023. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $216K exceeded revenue, resulting in a 36% operating deficit.

Mission

MT. OLIVE DEVELOPMENT CORP.'S PURPOSE IS TO PROVIDE SERVICES TO THE COMMUNITY FOR THE DEVELOPMENT OF THE COMMUNITY'S PEOPLE THROUGH EDUCATIONAL PROGRAMS, YOUTH PROGRAMS, AND COMMUNITY ACCESS.

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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 $5,600

Program Service Revenue $151,727

Investment Income $1,237

Other Revenue $0

TOTAL REVENUE $158,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,873

Other Expenses $215,741

TOTAL EXPENSES $215,741

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,564	$1,068,235	-0.9%
Expenses	$215,741	$284,095	-0.2%
Net Income	$-57,177	$784,140	-1.1%

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

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMOND RAND	DIRECTOR	10.00	Director	$0	$0	$0
DEBORAH D BOLES-SMITH	SECRETARY	10.00	Officer Director	$0	$0	$0
JAMES BOOKER JR	DIRECTOR	5.00	Director	$0	$0	$0
RODERICK SIMMONS	DIRECTOR	5.00	Director	$0	$0	$0
MONIQUE BLUFORD	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT MOOTRY	CHAIRMAN	20.00	Officer Director	$0	$0	$0
DAVID HAYES	DIRECTOR	5.00	Director	$0	$0	$0
MIA MOORE	DIRECTOR	5.00	Director	$0	$0	$0
DWAYNE GILLISON SR	PRESIDENT/VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
LAMARK SHAW	DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$158,564	$215,741	$2,428,262	$-57,177
2022	$1,068,235	$284,095	$2,191,971	$784,140
2021	$757,230	$726,724	$2,544,516	$30,506
2020	$5,136,237	$3,772,001	$2,659,328	$1,364,236

MT OLIVE DEVELOPMENT CORP