SBC COMMUNITY DEVELOPMENT CORPORATION OF RICHMOND HEIGHTS (EIN 300183050) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Mark Valentine

Phone

3052320499

Tax Period

2024-01-01 to 2024-12-31

SBC COMMUNITY DEVELOPMENT CORPORATION OF RICHMOND HEIGHTS, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $568K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To build a better community through collaborative efforts and partnership that provides programs and services to address the intergenerational needs of the community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $347,235

Program Service Revenue $220,269

Investment Income $0

Other Revenue $0

TOTAL REVENUE $567,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $450,200

Fundraising Expenses $59,704

Program Expenses $362,230

Other Expenses $133,299

TOTAL EXPENSES $583,499

Year-over-Year Comparison

	2024	2023	Change
Revenue	$567,504	$515,154	+0.1%
Expenses	$583,499	$598,057	0.0%
Net Income	$-15,995	$-82,903	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$85,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roy Modkins	Member	2.00	Director	$0	$0	$0
Ericka Caldwell Clinch	Secretary	2.00	Director	$0	$0	$0
Chad Burkhalter	Member	2.00	Director	$0	$0	$0
Dr Clarence Jones	Member	2.00	Director	$0	$0	$0
Dianne Williams	Member	2.00	Director	$0	$0	$0
Antoinette Symonette	Member	2.00	Director	$0	$0	$0
Dr Robert Stinson	Treasurer	2.00	Director	$0	$0	$0
Thomas Brooks	Member	2.00	Director	$0	$0	$0
Rashad Stinson	Member	2.00	Director	$0	$0	$0
Willie Carpenter	Member	2.00	Director	$0	$0	$0
Rev Alphonso Jackson Sr	President	2.00	Director	$0	$0	$0
Twila Hargrove Payne Esq	Chairwoman	2.00	Director	$0	$0	$0
Jeremiah Payne	Member	2.00	Director	$0	$0	$0
Deon Bush	Member	2.00	Director	$0	$0	$0
Mark Valentine	Executive Director	40.00	Officer	$85,000	$0	$85,000
Artis Miller	Member	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
2024	$567,504	$583,499	$487,232	$-15,995
2023	$515,154	$598,057	$505,469	$-82,903
2022	$549,703	$524,830	$588,402	$24,873
2021	$628,266	$531,249	$563,341	$97,017
2020	$406,156	$468,794	$538,771	$-62,638
2019	$481,333	$476,377	$527,572	$4,956
2018	$392,745	$495,240	$563,103	$-102,495

SBC COMMUNITY DEVELOPMENT CORPORATION OF RICHMOND HEIGHTS