WASHINGTON COUNTY COMMUNITY DEVELOPMENT CORPORATION (EIN 320156535) - 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

2005

Legal Domicile

Principal Officer

WILLIAM DILIBERO

Phone

4017899090

Tax Period

2020-10-01 to 2021-09-30

WASHINGTON COUNTY COMMUNITY DEVELOPMENT CORPORATION, founded in 2005, is a small nonprofit that reported $203K in total revenue in fiscal year 2020. Revenue surged 95% from the prior year, signaling strong growth momentum. Expenses of $298K exceeded revenue, resulting in a 47% operating deficit.

Mission

DEVELOPMENT AND MANAGEMENT OF AFFORDABLE HOUSING AND CDBG GRANT MANAGEMENT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $132,086

Program Service Revenue $152,461

Investment Income $9,835

Other Revenue $-91,768

TOTAL REVENUE $202,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,310

Fundraising Expenses $0

Program Expenses $269,877

Other Expenses $223,640

TOTAL EXPENSES $297,950

Year-over-Year Comparison

	2020	2019	Change
Revenue	$202,614	$103,698	+1.0%
Expenses	$297,950	$289,903	+0.0%
Net Income	$-95,336	$-186,205	-0.5%

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

$60,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES VERNON	PRESIDENT	5.00	Director	$0	$0	$0
CHRISTOPHER SHEEHAN	VICE PRESIDENT	5.00	Director	$0	$0	$0
NICOLE LAFONTAINE	SECRETARY	5.00	Director	$0	$0	$0
RICHARD LEVY	BOARD MEMBER	5.00	Director	$0	$0	$0
APRIL WELSHMAN	BOARD MEMBER	5.00	Director	$0	$0	$0
WILIAM DILIBERO	EXECUTIVE DIRECTOR	40.00	Key Emp	$60,000	$0	$60,000

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
2021	$202,614	$297,950	$6,800,827	$-95,336
2020	$103,698	$289,903	$6,953,746	$-186,205
2019	$191,609	$413,772	$7,121,230	$-222,163
2018	$1,794,072	$223,113	$7,559,272	$1,570,959
2018	$1,762,649	$256,999	$7,484,487	$1,505,650

WASHINGTON COUNTY COMMUNITY DEVELOPMENT CORPORATION