UNIVERSITY DISTRICT DEVELOPMENT CORPORATION (EIN 262424174) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

LAURA DANFORTH

Phone

5016837356

Tax Period

2023-01-01 to 2023-12-31

UNIVERSITY DISTRICT DEVELOPMENT CORPORATION, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $249K in total revenue in fiscal year 2018. Expenses of $279K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE UDDC SEEKS TO REVITALIZE THE UNIVERSITY OF ARKANSAS AT LITTLE ROCK RESIDENTIAL AND COMMERCIAL DISTRICT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $193,303

Program Service Revenue $5,464

Investment Income $126

Other Revenue $11,209

TOTAL REVENUE $210,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,936

Fundraising Expenses $0

Program Expenses $249,194

Other Expenses $246,258

TOTAL EXPENSES $249,194

Year-over-Year Comparison

	2023	2022	Change
Revenue	$210,102	$289,649	-0.3%
Expenses	$249,194	$379,327	-0.3%
Net Income	$-39,092	$-89,678	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARITA POIRRIER	DIRECTOR	1.00	Officer Director	$0	$0	$0
MARTIE NORTH	DIRECTOR	1.00	Officer Director	$0	$0	$0
LAURA DANFORTH	CHAIR	1.00	Officer Director	$0	$0	$0
DEIDRE GRAY	DIRECTOR	1.00	Director	$0	$0	$0
KIRK LEACH PHD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHARLES NELSON	DIRECTOR	1.00	Director	$0	$0	$0
VERONICA HICKS	DIRECTOR	1.00	Director	$0	$0	$0
QUINCY EDWARDS	HOUSING DEVELOPMENT MANAGER	1.00	Director	$0	$0	$0
HILLIS SCHILD	TREASURER	1.00	Director	$0	$0	$0
BARRETT ALLEN	EXECUTIVE DIRECTOR	2.00	Director	$0	$0	$0
SIKIA BROWN	COMMUNITY DEVELOPMENT PROGRAM MANAGER	1.00	Director	$0	$0	$0
MARK NELSON	OAK FOREST COMMUNITY GARDEN MANAGER	1.00	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	$210,102	$249,194	$631,108	$-39,092
2022	$283,844	$376,536	$249,419	$-92,692
2022	$289,649	$379,327	$251,802	$-89,678
2021	$287,622	$151,362	$375,045	$136,260
2020	$286,398	$179,482	$205,217	$106,916
2019	$340,060	$242,024	$188,301	$98,036
2018	$249,055	$279,416	$372,028	$-30,361

UNIVERSITY DISTRICT DEVELOPMENT CORPORATION