SECOND BAPTIST COMMUNITY DEVELOPMENT CORPORATION (EIN 311531583) - 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

1997

Legal Domicile

Principal Officer

HARVEY RAMSEUR

Phone

8036443994

Tax Period

2023-01-01 to 2023-12-31

SECOND BAPTIST COMMUNITY DEVELOPMENT CORPORATION, founded in 1997, is a small nonprofit in the Human Services sector that reported $219K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $360K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO PROVIDE SAFE, CLEAN, AND AFFORDABLE HOUSING TO LOW INCOME FAMILIES IN AND AROUND AIKEN COUNTY, SC. TO PROVIDE PROGRAMS FOR YOUTH DEVELOPMENT BY TRAINING AND MENTORING THOSE WHO REQUIRE BASIC AND REMEDIAL SKILL DEVELOPMENT.

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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 $0

Program Service Revenue $219,300

Investment Income $0

Other Revenue $0

TOTAL REVENUE $219,300

Expense Breakdown

Grants Paid $250

Salaries & Benefits $34,800

Fundraising Expenses $0

Program Expenses $323,100

Other Expenses $324,462

TOTAL EXPENSES $359,512

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,300	$337,368	-0.3%
Expenses	$359,512	$353,741	+0.0%
Net Income	$-140,212	$-16,373	+7.6%

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

$34,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS A SLAUGHTER	CHAIRMAN	2.00	Officer	$0	$0	$0
SHELBY SAUNDERS	BOARD MEMBER	1.00	Director	$0	$0	$0
MOYA POPE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES MCDUFFIE SR	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDRA WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLARD LYDE	BOARD MEMBER	1.00	Director	$0	$0	$0
RAYMONDA SPELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBORAH A HART	FINANCIAL MA	20.00	Officer	$14,400	$0	$14,400
HARVEY RAMSEUR	EXECUTIVE DI	40.00	Officer	$20,400	$0	$20,400

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	No data	No data	No data	No data
2023	$219,300	$359,512	$1,998,044	$-140,212
2022	$337,368	$353,741	$2,123,587	$-16,373
2021	$560,322	$321,271	$2,186,501	$239,051
2020	$332,631	$313,227	$1,965,099	$19,404
2019	$215,520	$293,338	$1,962,066	$-77,818
2018	$219,768	$285,312	$2,052,425	$-65,544

SECOND BAPTIST COMMUNITY DEVELOPMENT CORPORATION