MACEDONIA REAL ESTATE COMMUNITY DEVELOPMENT CORPORATION OF EATONVILLE FL (EIN 272669910) - 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

WILLIE C BARNES

Phone

4079264148

Tax Period

2023-01-01 to 2023-12-31

MACEDONIA REAL ESTATE COMMUNITY DEVELOPMENT CORPORATION OF EATONVILLE FL, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $118K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $157K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO ENHANCE EMPLOYMENT AND ENTREPRENEURIAL ENDEAVORS WITHIN THE EATONVILLE COMMUNITY.

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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 $117,972

Investment Income $0

Other Revenue $0

TOTAL REVENUE $117,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,706

Other Expenses $156,706

TOTAL EXPENSES $156,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,972	$85,024	+0.4%
Expenses	$156,706	$122,522	+0.3%
Net Income	$-38,734	$-37,498	+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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DENISE BEUMER	SECRETARY/DIRECTOR	Officer Director	$0	$0	$0
ALFRED LITTLE	TREASURER/DIRECTOR	Officer Director	$0	$0	$0
ROD HARRISON	DIRECTOR	Officer Director	$0	$0	$0
RACHAEL JOHNSON	DIRECTOR	Officer Director	$0	$0	$0
MICHAEL MOORE	DIRECTOR	Officer Director	$0	$0	$0
JACQUELINE TORBERT	DIRECTOR	Officer Director	$0	$0	$0
WILLIE BARNES	DIRECTOR	Officer 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	$117,972	$156,706	$1,428,548	$-38,734
2022	$85,024	$122,522	$1,435,107	$-37,498
2021	$137,836	$207,341	$1,206,647	$-69,505
2020	$105,518	$197,280	$1,234,120	$-91,762

MACEDONIA REAL ESTATE COMMUNITY DEVELOPMENT CORPORATION OF EATONVILLE FL