CENTRAL BAPTIST COMMUNITY DEVELOPMENT CORPORATION

EIN: 273011150 501(c)(3) Community Improvement

Wilmington, DE

Total Revenue
$451,452
Total Expenses
$469,429
Total Assets
$1,821,155
Net Assets
$1,527,564
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Tax Period
2024-07-01 to 2025-06-30

CENTRAL BAPTIST COMMUNITY DEVELOPMENT CORPORATION, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $451K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Net assets of $1.5M represent 41 months of operating reserves.

Mission

OUR MISSION IS TO PROVIDE A STRUCTURE FOR COMMUNITY INTERACTION THAT EMPOWERS PEOPLE TO ENGAGE IN THE PROCESS OF CHANGE, WHICH RESULTS IN THE PHYSICAL, SOCIAL AND SPIRITUAL/PHYSIOLOGICAL TRANSFORMATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $391,877
Program Service Revenue $21,565
Investment Income $-9,150
Other Revenue $47,160
TOTAL REVENUE $451,452

Expense Breakdown

Grants Paid $0
Salaries & Benefits $260,941
Fundraising Expenses $13,810
Program Expenses $381,032
Other Expenses $208,488
TOTAL EXPENSES $469,429

Year-over-Year Comparison

2024 2023 Change
Revenue $451,452 $1,169,826 -0.6%
Expenses $469,429 $927,020 -0.5%
Net Income $-17,977 $242,806 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
29
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRENCE KEELING PRESIDENT & CE0 40.00
$88,269 $0 $88,269
RAHEEMAH JABBAR-BEY CHAIRMAN 2.00
Director
$0 $0 $0
WILLIAM MURRAY CHAIRMAN 2.00
Director
$0 $0 $0
DIONNA SARGENT SECRETARY 2.00
Director
$0 $0 $0
HG HASKELL II DIRECTOR 2.00
Director
$0 $0 $0
RICHARD HUCKS DIRECTOR 2.00
Director
$0 $0 $0
ELIZETTA WATERS DIRECTOR 2.00
Director
$0 $0 $0
ALFIE MOSS DIRECTOR 2.00
Director
$0 $0 $0
LUCRETIA WEDDINGTON DIRECTOR 2.00
Director
$0 $0 $0
RICK KINGERY DIRECTOR 2.00
Director
$0 $0 $0
TROY DEAN DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW WILLIAMS DIRECTOR 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
2025 $451,452 $469,429 $1,821,155 $-17,977
2024 $1,169,826 $927,020 $2,088,242 $242,806
2023 $867,670 $1,102,697 $2,047,374 $-235,027
2022 $1,568,285 $1,176,210 $2,505,518 $392,075
2021 $1,807,709 $1,703,013 $1,867,991 $104,696
2021 $1,545,234 $1,474,708 $2,205,207 $70,526
2020 $1,601,048 $1,058,601 $2,344,228 $542,447
2019 $1,224,889 $947,673 $1,494,969 $277,216
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