W-C DEVELOPMENT INC (EIN 383305775) - 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

1984

Legal Domicile

Principal Officer

DONNA GIVENS DAVIDSON

Phone

3135712800

Tax Period

2023-01-01 to 2023-12-31

W-C DEVELOPMENT INC, founded in 1984, is a small nonprofit that reported $159K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $29K, a strong 18% operating margin.

Mission

TO REVITALIZE URBAN NEIGHBORHOODS THROUGH REAL ESTATE DEVELOPMENT

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $159,349

TOTAL REVENUE $159,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $130,624

TOTAL EXPENSES $130,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$159,349	$187,625	-0.2%
Expenses	$130,624	$128,836	+0.0%
Net Income	$28,725	$58,789	-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

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

$141,883

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES WALKER	CHAIR	0.50	Director	$0	$0	$0
ANTHONY OHMER	TREASURER	0.50	Director	$0	$0	$0
GRAIG DONNELLY	SECRETARY	0.50	Director	$0	$0	$0
SONYA DOTSON	DIRECTOR	0.50	Director	$0	$0	$0
ORLANDO BAILEY	DIRECTOR	0.50	Director	$0	$0	$20,000
DARNELL ADAMS	DIRECTOR	0.50	Director	$0	$0	$0
DONNA GIVENS DAVIDSON	PRESIDENT/CEO	40.00	Officer	$0	$0	$141,883

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	$159,349	$130,624	$1,162,199	$28,725
2022	$187,625	$128,836	$1,194,321	$58,789
2021	$216,384	$240,899	$928,705	$-24,515
2020	$201,721	$229,373	$966,028	$-27,652
2019	$195,446	$124,667	$1,140,020	$70,779
2018	$270,262	$141,143	$1,168,561	$129,119

W-C DEVELOPMENT INC