URBAN NEIGHBORHOOD DEVELOPMENT CORP (EIN 341301009) - 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

1978

Legal Domicile

Principal Officer

FREDERICK WHEAT

Phone

3303752696

Tax Period

2025-01-01 to 2025-12-31

URBAN NEIGHBORHOOD DEVELOPMENT CORP, founded in 1978, is a micro nonprofit that reported $51K in total revenue in fiscal year 2025. Revenue fell 72% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $34K, a strong 67% operating margin.

Mission

Revitalize and improve the inner city and encourage private home investment.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $51,279

Other Revenue $0

TOTAL REVENUE $51,279

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,702

Other Expenses $16,930

TOTAL EXPENSES $16,930

Year-over-Year Comparison

	2025	2024	Change
Revenue	$51,279	$180,967	-0.7%
Expenses	$16,930	$371,031	-1.0%
Net Income	$34,349	$-190,064	-1.2%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY CRASI	TRUSTEE	1.00	Director	$0	$0	$0
DAVID HONIG	CHAIR	1.00	Officer Director	$0	$0	$0
JENNIFER RODGERS	TRUSTEE	1.00	Director	$0	$0	$0
TAMALA SKIPPER	TRUSTEE	1.00	Director	$0	$0	$0
ADELE TUBBS	TRUSTEE	1.00	Director	$0	$0	$0
FREDERICK WHEAT	PROGRAM MANAGER	14.00	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
2025	$51,279	$16,930	$280,927	$34,349
2024	No data	No data	No data	No data
2023	$205,172	$13,068	$457,102	$192,104
2022	$10	$45,941	$264,998	$-45,931
2021	$704	$53,557	$310,929	$-52,853
2020	$51,067	$24,575	$363,782	$26,492
2019	$-3,701	$53,129	$347,290	$-56,830
2018	$341,966	$253,603	$564,943	$88,363

URBAN NEIGHBORHOOD DEVELOPMENT CORP