GREATER AUBURN GRESHAM DEVELOPMENT CORPORATION (EIN 364377387) - 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

CARLOS NELSON

Phone

7734833696

Tax Period

2023-01-01 to 2023-12-31

GREATER AUBURN GRESHAM DEVELOPMENT CORPORATION, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $9.5M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.5M, a strong 26% operating margin.

Mission

TO FOSTER AND PROMOTE THE REVITALIZATION OF THE COMMUNITY BY DESIGNING AND IMPLEMENTING PROGRAMS THAT IMPROVE THE COMMUNITY'S ECONOMIC VIABILITY; INCREASE AVAILABILITY OF QUALITY HOUSING TO PEOPLE OF DIFFERENT INCOME LEVELS WHILE MAINTAINING AND IMPROVING EXISTING AFFORDABLE HOUSING, AND ENHANCE DELIVERY OF SOCIAL SERVICES, PARTICULARLY TO SENIOR CITIZENS.

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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 $8,359,656

Program Service Revenue $1,132,077

Investment Income $113,242

Other Revenue $-61,331

TOTAL REVENUE $9,543,644

Expense Breakdown

Grants Paid $2,314,072

Salaries & Benefits $2,542,283

Fundraising Expenses $81,348

Program Expenses $5,887,633

Other Expenses $2,183,984

TOTAL EXPENSES $7,040,339

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,543,644	$8,248,455	+0.2%
Expenses	$7,040,339	$6,656,997	+0.1%
Net Income	$2,503,305	$1,591,458	+0.6%

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

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

$265,095

Total Directors

$33,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCINE DILLARD	DIRECTOR	2.00	Director	$33,800	$0	$33,800
JOHNNY WILBON	CHAIRMAN/PRESIDENT	2.00	Officer Director	$0	$0	$0
BETTY SWANSON	VP/DIRECTOR	2.00	Officer Director	$0	$0	$0
TOI ROBERTSON-SMITH	TREASURER/DIRECTOR	2.00	Officer Director	$0	$0	$0
JAMES DRAKE	SECRETARY/DIRECTOR	2.00	Officer Director	$0	$0	$0
BYAM ALEXANDER	DIRECTOR	2.00	Director	$0	$0	$0
KHAM BEARD	DIRECTOR	2.00	Director	$0	$0	$0
EILEEN KNIGHTLY	DIRECTOR	2.00	Director	$0	$0	$0
REVEREND WALTER MATHEWS	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH MOORE	DIRECTOR	2.00	Director	$0	$0	$0
WILLARD PAYTON	DIRECTOR	2.00	Director	$0	$0	$0
FATHER MICHAEL PFLEGER	DIRECTOR	2.00	Director	$0	$0	$0
MAUREEN RENNO	DIRECTOR	2.00	Director	$0	$0	$0
CARLOS NELSON	CEO	50.00	Officer	$124,606	$12,436	$137,042
KAYSHA LARRY	CFO	40.00	Officer	$114,950	$13,103	$128,053

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	$9,543,644	$7,040,339	$27,407,086	$2,503,305
2022	$8,248,455	$6,656,997	$37,581,966	$1,591,458
2021	$16,086,832	$4,214,961	$35,765,013	$11,871,871
2021	$16,086,832	$4,214,961	$35,765,013	$11,871,871
2020	$4,068,207	$1,806,037	$3,103,477	$2,262,170
2019	$1,989,932	$1,731,947	$1,352,371	$257,985

GREATER AUBURN GRESHAM DEVELOPMENT CORPORATION