ANNAM COMMUNITY DEVELOPMENT CORPORA TION (EIN 311733348) - 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

2000

Legal Domicile

Principal Officer

JOSEPH DO

Phone

7133207555

Tax Period

2023-01-01 to 2023-12-31

ANNAM COMMUNITY DEVELOPMENT CORPORA TION, founded in 2000, is a micro nonprofit in the Housing & Shelter sector that reported $45K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $114K exceeded revenue, resulting in a 154% operating deficit.

Mission

TO ENHANCE AND TO PROMOTE HEALTHY LIVING CONDITIONS FOR THE LOW-TO-MODERATE INCOME PEOPLE IN THE GREATER HOUSTON AREA THROUGH SOCIAL SERVICES, EDUCATION AND HOUSING.

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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 $30,200

Program Service Revenue $14,680

Investment Income $0

Other Revenue $0

TOTAL REVENUE $44,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,921

Other Expenses $113,828

TOTAL EXPENSES $113,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,880	$192,894	-0.8%
Expenses	$113,828	$112,960	+0.0%
Net Income	$-68,948	$79,934	-1.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHINH T NGUYEN	CHAIRMAN	3.00	Director	$0	$0	$0
ROY DOUGLAS MALONSON	VICE-CHAIR	2.00	Director	$0	$0	$0
DAVID DOAN	SECRETARY	5.00	Director	$0	$0	$0
JOHN WHITMIRE	MEMBER	1.00	Director	$0	$0	$0
JOSEPH DO	EXECUTIVE DI	60.00	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	No data	No data	No data	No data
2023	$44,880	$113,828	$1,965,496	$-68,948
2022	$192,894	$112,960	$2,034,445	$79,934
2021	$57,925	$125,756	$1,942,509	$-67,831
2020	$53,500	$106,335	$1,980,942	$-52,835
2019	$62,485	$126,559	$2,014,666	$-64,074
2018	$67,860	$104,611	$2,071,861	$-36,751

ANNAM COMMUNITY DEVELOPMENT CORPORA TION