Community Economic Advancement Initiative Inc (EIN 320468156) - 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

2015

Legal Domicile

Principal Officer

EUGENE ELLINGTON

Phone

5134292158

Tax Period

2023-01-01 to 2023-12-31

Community Economic Advancement Initiative Inc, founded in 2015, is a small nonprofit in the Crime & Legal sector that reported $359K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 16% operating margin.

Mission

Create Support social economic cultural development in the arts and education by redevelopment of community properties and job creatio

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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 $192,634

Program Service Revenue $166,206

Investment Income $0

Other Revenue $0

TOTAL REVENUE $358,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,469

Fundraising Expenses $0

Program Expenses $12,030

Other Expenses $142,591

TOTAL EXPENSES $301,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,840	$291,912	+0.2%
Expenses	$301,060	$401,967	-0.3%
Net Income	$57,780	$-110,055	-1.5%

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

N/A

Employees

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMON LYNCH III	Chairman	N/A	Officer	$0	$0	$0
KZ SMITH	Secretary	N/A	Officer	$0	$0	$0
LARRY BURNETT	Treasurer	N/A	Officer	$0	$0	$0
JERRY CULBREATH	Director	N/A	Director	$0	$0	$0
ANGIE FAIRBANKS	Director	N/A	Director	$0	$0	$0
KRISTEN KITCHEN	Director	N/A	Director	$0	$0	$0
SIL WATKINS	Director	N/A	Director	$0	$0	$0
EUGENE ELLINGTON MPA	PresidentCEO	40.00	Officer	$100,000	$0	$100,000
AMBER KELLY	Director	N/A	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	No data	No data	No data	No data
2023	$358,840	$301,060	$701,622	$57,780
2022	$291,912	$401,967	$658,390	$-110,055
2021	$725,417	$269,628	$675,175	$455,789
2019	$247,619	$245,669	$87,416	$1,950

Community Economic Advancement Initiative Inc