Key Development Center Inc (EIN 383479277) - 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

1999

Legal Domicile

Principal Officer

KATHLEEN BABCOCK

Phone

8102208192

Tax Period

2023-10-01 to 2024-09-30

Key Development Center Inc, founded in 1999, is a small nonprofit in the Crime & Legal sector that reported $891K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring.

Mission

MISSION STATEMENT: OPENING DOORS TO RECOVERY, HEALTH AND WELL-BEINGVISION STATEMENT: RECOVERY IS NEVER OUT OF REACH.PRIMARY EXEMPT PURPOSE: TO PROMOTE THE HEALTH AND WELL BEING OF THE GENERAL POPULATION OF LIVINGSTON COUNTY, MI THROUGH INTERVENTION, EDUCATION, TRAINING AND TREATMENT TO REDUCE THE USE AND ABUSE OF ALCOHOL, DRUGS AND OTHER SUBSTANCES.

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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 $26,800

Program Service Revenue $863,955

Investment Income $13

Other Revenue $552

TOTAL REVENUE $891,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $425,464

Fundraising Expenses $0

Program Expenses $878,094

Other Expenses $529,791

TOTAL EXPENSES $955,255

Year-over-Year Comparison

	2023	2022	Change
Revenue	$891,320	$1,525,855	-0.4%
Expenses	$955,255	$829,041	+0.2%
Net Income	$-63,935	$696,814	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN BABCOCK	PRESIDENT	2.00	Officer Director	$0	$0	$0
SUSAN SULLIVAN	SECRETARY	2.00	Officer Director	$0	$0	$0
ANDREW BOSCHMA	TREASURER	5.00	Officer Director	$0	$0	$0
THOMAS LITZINGER	DIRECTOR	2.00	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	$891,320	$955,255	$939,548	$-63,935
2023	$1,525,855	$829,041	$924,404	$696,814
2022	$798,048	$900,978	$154,391	$-102,930
2021	$1,131,064	$987,409	$298,716	$143,655
2020	$918,846	$1,002,991	$198,948	$-84,145
2019	$885,733	$955,404	$271,239	$-69,671
2018	$547,978	$542,586	$307,959	$5,392

Key Development Center Inc