PROJECT HOOD COMMUNITY DEVELOPMENT CORPORATION (EIN 453964886) - 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

DESMOND MARSHALL

Phone

7733264200

Tax Period

2024-01-01 to 2024-12-31

PROJECT HOOD COMMUNITY DEVELOPMENT CORPORATION, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $7.1M in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $6.3M left a modest 11% surplus.

Mission

PROVIDE SPIRIUTAL, EDUCATIONAL AND LIFE SKILLS TO LOW INCOME RESIDENCES IN THE WOODLAWN AND ENGLEWOOD COMMUNITY

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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 $6,985,085

Program Service Revenue $0

Investment Income $206,599

Other Revenue $-71,713

TOTAL REVENUE $7,119,971

Expense Breakdown

Grants Paid $386,508

Salaries & Benefits $2,298,688

Fundraising Expenses $93,470

Program Expenses $4,188,636

Other Expenses $3,644,250

TOTAL EXPENSES $6,329,446

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,119,971	$21,621,831	-0.7%
Expenses	$6,329,446	$7,342,171	-0.1%
Net Income	$790,525	$14,279,660	-0.9%

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

Volunteers

2200

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

$130,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASTOR COREY BROOKS	PRESIDENT	1.00	Officer Director	$0	$0	$0
ISAAC GREENE	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE BOZEMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE PAULSEN	MEMBER	1.00	Director	$0	$0	$0
PATRICK MILLIGAN SR	MEMBER	1.00	Director	$0	$0	$0
DESMOND MARSHALL	EXECUTIVE DIRECTOR	50.00	Officer	$113,179	$16,821	$130,000

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
2024	$7,119,971	$6,329,446	$29,073,337	$790,525
2023	$21,621,831	$7,342,171	$27,741,357	$14,279,660
2022	$14,446,217	$4,819,679	$13,654,556	$9,626,538
2021	$4,081,096	$2,175,858	$3,920,944	$1,905,238
2021	$3,032,080	$2,259,835	$3,408,935	$772,245
2020	$1,782,883	$1,472,231	$2,601,112	$310,652
2019	$2,182,716	$1,349,122	$4,797,115	$833,594
2018	$4,246,346	$817,763	$4,392,487	$3,428,583

PROJECT HOOD COMMUNITY DEVELOPMENT CORPORATION