JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION (EIN 237090480) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

YOLANDA PRESSLEY

Phone

2152360190

Tax Period

2024-09-01 to 2025-08-31

JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION, founded in 1968, is a small nonprofit in the Community Improvement sector that reported $441K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $604K exceeded revenue, resulting in a 37% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING TO FAMILIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $439,173

Investment Income $2,240

Other Revenue $0

TOTAL REVENUE $441,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,609

Fundraising Expenses $0

Program Expenses $604,396

Other Expenses $414,787

TOTAL EXPENSES $604,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$441,413	$476,451	-0.1%
Expenses	$604,396	$480,931	+0.3%
Net Income	$-162,983	$-4,480	+35.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CRAIG ALSTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
FLOYD ALSTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SUZANNE HODGES	SECRETARY	1.00	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
2025	$441,413	$604,396	$366,129	$-162,983
2024	$476,451	$480,931	$414,954	$-4,480
2023	$448,155	$520,903	$389,430	$-72,748
2022	$440,432	$493,653	$423,992	$-53,221
2021	$430,858	$457,434	$464,170	$-26,576

JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION