COCAA Seminole Development Inc (EIN 273616852) - 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

Principal Officer

Fred Combs

Tax Period

2023-04-01 to 2024-03-31

COCAA Seminole Development Inc, founded in 2011, is a micro nonprofit in the Housing & Shelter sector that reported $76K in total revenue in fiscal year 2023. Expenses of $116K exceeded revenue, resulting in a 54% operating deficit.

Mission

Provides 12 housing units to low-income, elderly 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 $28,647

Program Service Revenue $44,858

Investment Income $2,063

Other Revenue $0

TOTAL REVENUE $75,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,333

Fundraising Expenses $0

Program Expenses $110,503

Other Expenses $104,670

TOTAL EXPENSES $116,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,568	$72,232	+0.0%
Expenses	$116,003	$122,487	-0.1%
Net Income	$-40,435	$-50,255	-0.2%

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
Donna Chambers	Board Member	1.00	Director	$0	$0	$0
Liz Estes	Board Member	1.00	Director	$0	$0	$0
Herb Williams	Board Member	1.00	Director	$0	$0	$0
Sondra Elaine Nelson	Board Member	1.00	Director	$0	$0	$0
Fred Combs	President	1.00	Officer Director	$0	$0	$0
Jeff Griffin	Vice-President	1.00	Officer Director	$0	$0	$0
Mallissa Parsons	Secretary	1.00	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
2025	No data	No data	No data	No data
2024	$75,568	$116,003	$811,464	$-40,435
2023	$72,232	$122,487	$846,973	$-50,255
2022	$66,598	$107,831	$901,613	$-41,233
2021	$63,366	$115,574	$946,166	$-52,208
2020	$60,244	$114,234	$994,882	$-53,990
2019	$60,874	$116,669	$1,042,189	$-55,795

COCAA Seminole Development Inc