DR VERNARD HODGES IT TAKES A VILLAGE CHARITY FOUNDATION (EIN 273439226) - 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

2011

Legal Domicile

Phone

4789880883

Tax Period

2023-01-01 to 2023-12-31

DR VERNARD HODGES IT TAKES A VILLAGE CHARITY FOUNDATION, founded in 2011, is a small nonprofit in the Youth Development sector that reported $738K in total revenue in fiscal year 2023. Revenue surged 122% from the prior year, signaling strong growth momentum. Expenses of $634K left a modest 14% surplus.

Mission

It Takes a Village is a 501 c3 nonprofit organization founded by an African American veterinarian Dr. Vernard Hodges. Dr. Hodges attended Fort Valley State University a prominent agricultural Historical Black College or University. He started It Takes a Village to expose children to careers in STEM particularly veterinary and agricultural sciences. The Foundation received a grant from the USDA National Resources Conservation Service to assist field agents in Georgia and Alabama with reviewing conservation contracts held by producers in those states.

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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 $738,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $738,000

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $634,152

Other Expenses $628,652

TOTAL EXPENSES $634,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$738,000	$332,100	+1.2%
Expenses	$634,152	$278,867	+1.3%
Net Income	$103,848	$53,233	+1.0%

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

$57,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vernard Hodges	CEO	10.00	Officer	$57,000	$0	$57,000

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
2023	$738,000	$634,152	$197,128	$103,848
2022	$332,100	$278,867	$93,280	$53,233

DR VERNARD HODGES IT TAKES A VILLAGE CHARITY FOUNDATION