DETERMINED TO DEVELOP (EIN 264678003) - 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

2009

Legal Domicile

Principal Officer

LYNN MAROON

Phone

4403642929

Tax Period

2024-01-01 to 2024-12-31

DETERMINED TO DEVELOP, founded in 2009, is a small nonprofit in the International Affairs sector that reported $220K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $190K left a modest 14% surplus.

Mission

TO EMPOWER THE PEOPLE OF MALAWI, AFRICA TO IMPLEMENT SUSTAINABLE, COMMUNITY DRIVEN SOLUTIONS THAT PROMOTE HUMAN ADVANCEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $220,279

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $220,279

Expense Breakdown

Grants Paid $162,787

Salaries & Benefits $0

Fundraising Expenses $8,737

Program Expenses $162,787

Other Expenses $27,701

TOTAL EXPENSES $190,488

Year-over-Year Comparison

	2024	2023	Change
Revenue	$220,279	$244,220	-0.1%
Expenses	$190,488	$256,296	-0.3%
Net Income	$29,791	$-12,076	-3.5%

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

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
LAWRENCE KONDOWE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LANETTE ARMBRUSTER	SECRETARY	2.00	Officer Director	$0	$0	$0
LYNN MAROON	TREASURER	2.00	Officer Director	$0	$0	$0
BRUCE PETRO	BOARD MEMBER	2.00	Director	$0	$0	$0
KIMBERLY LENAHAN	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIANA EAMES	BOARD MEMBER	2.00	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	$220,279	$190,488	$104,603	$29,791
2023	$244,220	$256,296	$74,812	$-12,076
2022	$237,889	$848,617	$86,888	$-610,728
2021	$483,972	$456,024	$699,569	$27,948
2020	$320,833	$415,818	$673,896	$-94,985
2019	$532,896	$392,841	$767,813	$140,055
2018	$428,241	$411,079	$629,279	$17,162

DETERMINED TO DEVELOP