Lower Ninth Ward Center for Sustainable Engagement and Development (EIN 270185863) - 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

Arthur Johnson

Phone

5044219643

Tax Period

2024-01-01 to 2024-12-31

Lower Ninth Ward Center for Sustainable Engagement and Development, founded in 2009, is a small nonprofit in the Public Safety sector that reported $644K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. Expenses of $792K exceeded revenue, resulting in a 23% operating deficit.

Mission

To re-build the Lower 9th Ward neighborhoods in New Orleans.

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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 $643,976

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $643,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $259,909

Fundraising Expenses $0

Program Expenses $768,712

Other Expenses $532,234

TOTAL EXPENSES $792,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$643,976	$327,481	+1.0%
Expenses	$792,143	$428,820	+0.8%
Net Income	$-148,167	$-101,339	+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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Reportable Comp	Other Comp	Total
Bill Waiters	President Board of Directors	5.00	$0	$0	$0
Calvin Alexander	Vice President Board of Directors	5.00	$0	$0	$0
Charles E Allen III	Secretary Board of Directors	5.00	$0	$0	$0
Walterine Griffin	Member	5.00	$0	$0	$0
Dennis Griffin	Ex Officio Member Board of Director	5.00	$0	$0	$0
Walter Goodwin	Member Board of Director	5.00	$0	$0	$0
Charles Duplessis	Member Board of Director	5.00	$0	$0	$0
Greta Gladney	Member Board of Director	5.00	$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	$643,976	$792,143	No data	$-148,167
2023	$327,481	$428,820	No data	$-101,339
2022	$461,933	$444,503	No data	$17,430
2021	$389,345	$339,985	No data	$49,360
2020	$339,248	$295,160	$138,660	$44,088
2019	$223,384	$200,839	$104,575	$22,545
2018	$280,712	$355,155	$375,348	$-74,443

Lower Ninth Ward Center for Sustainable Engagement and Development