CLIMB COMMUNITY DEVELOPMENT CORPORATION (EIN 273198260) - 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

2010

Legal Domicile

Principal Officer

JOHN H WHITFIELD JD CMPE

Phone

2288646677

Tax Period

2022-01-01 to 2022-12-31

CLIMB COMMUNITY DEVELOPMENT CORPORATION, founded in 2010, is a community nonprofit in the Youth Development sector that reported $1.5M in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDES INDIVIDUALS ACCESS TO OPPORTUNITIES THAT INSPIRE SELF-RELIANCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,274,061

Program Service Revenue $160,648

Investment Income $0

Other Revenue $42,525

TOTAL REVENUE $1,477,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,033,209

Fundraising Expenses $0

Program Expenses $1,383,589

Other Expenses $654,094

TOTAL EXPENSES $1,687,303

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,477,234	$1,247,263	+0.2%
Expenses	$1,687,303	$1,386,232	+0.2%
Net Income	$-210,069	$-138,969	+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

$153,146

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA CROSBY	BOARD MEMBER	1.00	Director	$0	$0	$0
LYN POWERS	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDY ELLIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
STACY BULLARD-CASEY	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN WHITFIELD	CEO	40.00	Officer	$77,178	$12,582	$89,760
KIMBERLY SMITH	CFO	40.00	Officer	$54,875	$8,511	$63,386

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
2022	$1,477,234	$1,687,303	$64,413	$-210,069
2021	$1,247,263	$1,386,232	$87,508	$-138,969
2020	$973,909	$1,051,487	$118,453	$-77,578
2019	$852,903	$1,158,227	$141,663	$-305,324
2018	$1,528,401	$1,719,085	$386,298	$-190,684

CLIMB COMMUNITY DEVELOPMENT CORPORATION