DEVELOPMENT CENTER FORHANDICAPPED CHILDREN (EIN 440624920) - 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

1950

Legal Domicile

Principal Officer

SHERRY PARKS

Tax Period

2023-07-01 to 2024-06-30

DEVELOPMENT CENTER FORHANDICAPPED CHILDREN, founded in 1950, is a small nonprofit that reported $663K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $352K, a strong 53% operating margin.

Mission

HANDICAPPED ASSISTANCE

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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 $648,823

Program Service Revenue $1,847

Investment Income $12,406

Other Revenue $0

TOTAL REVENUE $663,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,373

Fundraising Expenses $0

Program Expenses $235,871

Other Expenses $82,892

TOTAL EXPENSES $311,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$663,076	$571,957	+0.2%
Expenses	$311,265	$301,281	+0.0%
Net Income	$351,811	$270,676	+0.3%

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

$57,208

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM WILLIAMS	EXECUTIVE DIRECTOR	40.00	Key Emp	$57,208	$0	$57,208
JILL KLINE	DIRECTOR	1.00	Director	$0	$0	$0
JULIE RESOR	DIRECTOR	1.00	Director	$0	$0	$0
SHERRY PARKS	PRESIDENT	1.00	Officer Director	$0	$0	$0
STACI BAKER	VICE PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2024	$663,076	$311,265	$1,651,227	$351,811
2023	$571,957	$301,281	$1,297,604	$270,676
2022	$314,757	$268,493	$1,027,510	$46,264
2021	$267,095	$265,166	$980,625	$1,929
2020	$349,377	$330,511	$980,108	$18,866
2019	$332,782	$307,213	$922,915	$25,569

DEVELOPMENT CENTER FORHANDICAPPED CHILDREN