NATIONAL URBAN DEVELOPMENT CENTER

EIN: 275370197 501(c)(3) Housing & Shelter

MAITLAND, FL

Total Revenue
$12,946
Total Expenses
$666
Total Assets
$12,280
Net Assets
$12,280
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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
FL
Principal Officer
FREDERICK METIVIER
Phone
4076227060
Tax Period
2024-01-01 to 2024-12-31

NATIONAL URBAN DEVELOPMENT CENTER, founded in 2011, is a micro nonprofit in the Housing & Shelter sector that reported $13K in total revenue in fiscal year 2024. The organization ran a surplus of $12K, a strong 95% operating margin.

Mission

INITIALLY FORMED TO PROVIDE AFFORDABLE HOUSING FOR THE SURROUNDING COMMUNITY. THE CITY HAS SINCE REZONED THE TARGET VACANT PROPERTY TO COMMERCIAL. THE MISSION IS TO BUILD AFFORDABLE COMMERCIAL BUSINESS UNITS TO ALLOW THE ORGANIZATION TO SELECT COMMUNITY MEMBERS WHO WANT TO OPEN BUSINESSES AND MENTOR AND MONITOR THOSE SELECTED TO UTILIZE THOSE UNITS IN THIS REDEVELOPMENT ZONE.

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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 $0
Program Service Revenue $0
Investment Income $12,946
Other Revenue $0
TOTAL REVENUE $12,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $666
TOTAL EXPENSES $666

Year-over-Year Comparison

2024 2023 Change
Revenue $12,946 N/A N/A
Expenses $666 N/A N/A
Net Income $12,280 N/A N/A
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

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Governance

Voting Members
1
Independent Members
1
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL HERBON PRESIDENT N/A
Officer
$0 $0 $0
FREDERICK METIVIER CEO CHAIRMAN N/A
Officer
$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 $12,946 $666 $12,280 $12,280
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