Atlanta Berean Community Development Corporation (EIN 270661780) - 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

Celia G Newton-Taylor

Phone

6783996510

Tax Period

2023-01-01 to 2023-12-31

Atlanta Berean Community Development Corporation, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $530K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $653K exceeded revenue, resulting in a 23% operating deficit.

Mission

Provide affordable, quality, low income housing for the elderly and handicapped persons.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $524,875

Investment Income $34

Other Revenue $5,001

TOTAL REVENUE $529,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $461,996

Other Expenses $652,580

TOTAL EXPENSES $652,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$529,910	$470,199	+0.1%
Expenses	$652,580	$591,235	+0.1%
Net Income	$-122,670	$-121,036	+0.0%

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
Ollie B Clemons Jr	Chairman	002.00	Officer Director	$0	$0	$0
Dwayne Adams	Board Member	000.50	Director	$0	$0	$0
Douglas V Wright	Treasurer	002.00	Officer Director	$0	$0	$0
Phyllis Pelote Edmons	Board Member	000.50	Director	$0	$0	$0
Jackie Winston	Board Member	000.50	Director	$0	$0	$0
Michael Spann	Secretary	002.00	Officer Director	$0	$0	$0
Sherwin Jack	Board Member	000.50	Director	$0	$0	$0
James Winston MD	Board Member	000.50	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	$529,910	$652,580	$4,070,243	$-122,670
2022	$470,199	$591,235	$4,197,032	$-121,036
2021	$418,545	$566,542	$4,303,636	$-147,997
2020	$416,317	$527,127	$4,438,123	$-110,810
2019	$371,549	$561,393	$4,552,274	$-189,844

Atlanta Berean Community Development Corporation