AGAPE COMMUNITY DEVELOPMENT CENTER

EIN: 263725357 501(c)(3) Human Services

CANTON, MS

Total Revenue
$307,675
Total Expenses
$705,634
Total Assets
$2,438,915
Net Assets
$-607,731
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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
2016
Legal Domicile
MS
Principal Officer
MARGARET CHAPMAN
Phone
6018598868
Tax Period
2023-01-01 to 2023-12-31

AGAPE COMMUNITY DEVELOPMENT CENTER, founded in 2016, is a small nonprofit in the Human Services sector that reported $308K in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $706K exceeded revenue, resulting in a 129% operating deficit.

Mission

THE MISSION OF THE AGAPE COMMUNITY DEVELOPMENT CENTER IS TO PROVIDE SAFE, AFFORDABLE, HIGH QUALITY CHILD CARE FOR THE MADISON COUNTY, MS COMMUNITY. IN DOING SO, WE SUPPORT FAMILIES IN THEIR EFFORTS TO REACH THEIR GOALS. THE AGAPE COMMUNITY DEVELOPMENT CENTER PROVIDES A COGNITIVELY BASED PROGRAM FOR CHILDREN AGES SIX WEEKS TO FIVE YEARS. WE PROVIDE A HOME LIKE ENVIRONMENT WHERE CHILDREN ARE ENCOURAGED TO DEVELOP AT THEIR OWN PACE. THE AGAPE STAFF IS COMMITTED TO THE FAMILIES WE SERVE, PROVIDING SUPPORT AND ENCOURAGEMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $135,937
Program Service Revenue $171,738
Investment Income $0
Other Revenue $0
TOTAL REVENUE $307,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $327,460
Fundraising Expenses $0
Program Expenses $688,028
Other Expenses $378,174
TOTAL EXPENSES $705,634

Year-over-Year Comparison

2023 2022 Change
Revenue $307,675 $777,228 -0.6%
Expenses $705,634 $683,199 +0.0%
Net Income $-397,959 $94,029 -5.2%
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

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Governance

Voting Members
6
Independent Members
6
Employees
24
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
1
$66,144
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIAN BROWN DIRECTOR 1.00
Director
$0 $0 $0
RHONDA PARKS DIRECTOR 1.00
Director
$0 $0 $0
GLORIA GRIFFIN SECRETARY 1.00
Director
$0 $0 $0
INDIA MYERS ASST. DIRECTOR 1.00
Director
$0 $0 $0
STEVEN SIMS TREASURER 1.00
Director
$0 $0 $0
MARGARET CHAPMAN EXECUTIVE DIRECTOR 40.00
Officer
$66,144 $0 $66,144
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 $307,675 $705,634 $2,438,915 $-397,959
2022 $777,228 $683,199 $2,836,874 $94,029
2021 $379,515 $456,604 $2,242,945 $-77,089
2020 $264,390 $328,263 $2,320,034 $-63,873
2019 $669,587 $810,925 $2,390,108 $-141,338
2018 $776,222 $818,661 $2,569,384 $-42,439
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