SPRING STREET COMMUNITY DEVELOPMENT CORPORATION DBA TABLE OF HOPE (EIN 450942880) - 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

2011

Legal Domicile

Principal Officer

Rev Sidney Williams

Phone

9739989330

Tax Period

2024-01-01 to 2024-12-31

SPRING STREET COMMUNITY DEVELOPMENT CORPORATION DBA TABLE OF HOPE, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

DEDICATED TO IDENTIFYING THE NEEDS OF FAMILIES IN ORDER TO REVERSE NEGATIVE TRENDS, IMPROVE QUALITY OF LIFE, & STRENGTHEN THE COMMUNITY (MORRIS COUNTY).

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,632,254

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,632,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $252,636

Fundraising Expenses $39,981

Program Expenses $2,534,219

Other Expenses $2,358,583

TOTAL EXPENSES $2,611,219

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,632,254	$2,088,807	+0.3%
Expenses	$2,611,219	$2,101,156	+0.2%
Net Income	$21,035	$-12,349	-2.7%

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

500

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

$20,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV SIDNEY S WILLIAMS JR	CHAIRMAN	5.00	Officer Director	$0	$0	$0
JOHN THOMAS	TREASURER	2.00	Officer Director	$0	$0	$0
SARAH NIEBART	DIRECTOR	2.00	Director	$0	$0	$0
JAMES GANNON	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM SCHIEVELLA	DIRECTOR	2.00	Director	$0	$0	$0
STEVE VITALE	DIRECTOR	2.00	Director	$0	$0	$0
KELLY HARTE	DIRECTOR	2.00	Director	$0	$0	$0
TERESA WILLIAMS	EXECUTIVE DIRECTOR	10.00	Officer	$20,600	$0	$20,600

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	$2,632,254	$2,611,219	$137,624	$21,035
2023	$2,088,807	$2,101,156	$95,976	$-12,349
2022	$1,993,971	$1,980,071	$151,070	$13,900
2021	$1,833,172	$1,799,495	$103,761	$33,677
2020	$2,223,992	$2,186,325	$71,495	$37,667
2019	$311,143	$302,749	$13,793	$8,394
2018	$189,671	$188,671	$3,899	$1,000

SPRING STREET COMMUNITY DEVELOPMENT CORPORATION DBA TABLE OF HOPE