METROPOLITAN COMMUNITY AND ECONOMI… - Form 990 Financial Data

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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

2001

Legal Domicile

Principal Officer

DEWAYNE BRIGHT

Phone

8169233689

Tax Period

2025-01-01 to 2025-12-31

METROPOLITAN COMMUNITY AND ECONOMIC DEVELOPMENT CORP, founded in 2001, is a micro nonprofit in the Community Improvement sector that reported $49K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $8K, a strong 16% operating margin.

Mission

TO PROVIDE LOW TO MODERATE HOUSING WITHIN THE URBAN COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $40,482 Revenue: $48,900

LOW INCOME HOUSING REHABBED AND RENTED TO RESIDENTS IN THE URBAN COMMUNITY. MANY OF THE UNITS WERE REHABBED MORE THAN ONCE DUE TO VANDALISM. THREE HOMES ARE RENTED. ADDITIONAL ONES ARE STILL IN THE...

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $48,900

Investment Income $0

Other Revenue $0

TOTAL REVENUE $48,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,482

Other Expenses $41,157

TOTAL EXPENSES $41,157

Year-over-Year Comparison

	2025	2024	Change
Revenue	$48,900	$52,984	-0.1%
Expenses	$41,157	$50,977	-0.2%
Net Income	$7,743	$2,007	+2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEWAYNE BRIGHT SR	CHAIRMAN	10.00	Officer Director	$0	$0	$0
FORESTAL LAWTON	BOARD MEMBER	5.00	Officer Director	$0	$0	$0
ORMER ROGERS	SECRETARY	5.00	Officer Director	$0	$0	$0
RICK BELL	BOARD MEMBER	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
2025	$48,900	$41,157	$32,108	$7,743
2024	No data	No data	No data	No data
2023	$36,958	$67,786	$55,046	$-30,828
2022	$30,528	$80,381	$96,728	$-49,853
2021	$39,899	$31,948	$345,835	$7,951
2020	$38,649	$37,396	$324,393	$1,253
2019	$33,754	$35,156	$337,605	$-1,402
2018	$48,450	$46,737	$356,451	$1,713

METROPOLITAN COMMUNITY AND ECONOMIC DEVELOPMENT CORP