HOPEPHL COMMUNITY DEVELOPMENT CORPORATION (EIN 232687223) - 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

1992

Legal Domicile

Principal Officer

KATHLEEN DESMOND

Phone

2153827523

Tax Period

2022-07-01 to 2023-06-30

HOPEPHL COMMUNITY DEVELOPMENT CORPORATION, founded in 1992, is a community nonprofit in the Public Safety sector that reported $1.2M in total revenue in fiscal year 2022. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 14% operating deficit.

Mission

HOPEPHL CDC IS THE REAL ESTATE ARM OF RELATED ORGANIZATION HOPEPHL. ON ITS OWN OR THROUGH CONTRACTUAL RELATIONSHIPS, HOPEPHL CDC ACQUIRES, SELLS, RENTS, REHABILITATES AND MANAGES PROPERTIES IN THE WEST PHILADELPHIA COMMUNITY WHERE HOPEPHL CARRIES OUT ITS PROGRAMS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $999,661

Program Service Revenue $154,632

Investment Income $15,375

Other Revenue $4,244

TOTAL REVENUE $1,173,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,315

Fundraising Expenses $5,680

Program Expenses $1,160,391

Other Expenses $952,439

TOTAL EXPENSES $1,336,754

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,173,912	$1,551,935	-0.2%
Expenses	$1,336,754	$1,877,835	-0.3%
Net Income	$-162,842	$-325,900	-0.5%

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

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

$180,650

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNADINE HAWES	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
DEVON CAUDLE	SECRETARY	2.00	Officer Director	$0	$0	$0
THERESA CLARK	DIRECTOR	2.00	Director	$0	$0	$0
MARY HALL	DIRECTOR	2.00	Director	$0	$0	$0
BLANCA RAMIREZ	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON WEBER	DIRECTOR	2.00	Director	$0	$0	$0
NEVA WHITE	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
KATHY DESMOND	PRESIDENT OF PEC	14.50	Officer	$168,806	$11,844	$180,650
SCOTT CANNON	VP ASSET & PROPERTY MANAGEMENT	24.00	Highest	$105,191	$14,890	$120,081

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,173,912	$1,336,754	$18,883,160	$-162,842
2023	$1,120,311	$1,245,437	$18,967,218	$-125,126
2022	$1,551,935	$1,877,835	$18,642,427	$-325,900
2021	$1,066,976	$1,907,248	$19,103,603	$-840,272
2020	$1,601,080	$1,849,338	$19,126,386	$-248,258
2019	$2,033,106	$2,373,329	$18,547,709	$-340,223
2018	$1,783,555	$2,919,295	$17,982,743	$-1,135,740

HOPEPHL COMMUNITY DEVELOPMENT CORPORATION