CORD GROUP (EIN 454578042) - 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

2012

Legal Domicile

Principal Officer

DAVID ELLIS

Phone

6162935585

Tax Period

2024-01-01 to 2024-12-31

CORD GROUP, founded in 2012, is a small nonprofit in the Youth Development sector that reported $308K in total revenue in fiscal year 2024. Expenses of $794K exceeded revenue, resulting in a 158% operating deficit.

Mission

THE CORD GROUP IS A NONPROFIT, TAX-EXEMPT MINISTRY THAT SEEKS TO REFLECT THE LOVE OF JESUS CHRIST THROUGH PROVIDING TIMELY SUPPORT IN THE FORM OF HELPFUL RESOURCES TO THE FINANCIALLY OR OTHERWISE DISADVANTAGED PEOPLE OF OUR COMMUNITY AND BEYOND. THIS SUPPORT IS EITHER MADE DIRECTLY TO THOSE EXPERIENCING DISRUPTIVE LIFE CRISES OR THROUGH ORGANIZATIONS THAT THE CORPORATION IDENTIFIES AND THAT SHARE THIS MISSION.

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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 $368,041

Program Service Revenue $0

Investment Income $-40,938

Other Revenue $-18,928

TOTAL REVENUE $308,175

Expense Breakdown

Grants Paid $693,440

Salaries & Benefits $59,336

Fundraising Expenses $5,934

Program Expenses $777,605

Other Expenses $41,095

TOTAL EXPENSES $793,871

Year-over-Year Comparison

	2024	2023	Change
Revenue	$308,175	$-50,808	-7.1%
Expenses	$793,871	$643,511	+0.2%
Net Income	$-485,696	$-694,319	-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

$48,000

Total Directors

$48,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID J ELLIS	PRESIDENT	40.00	Officer Director	$48,000	$0	$48,000
STEVE TIMYAN	SECRETARY	40.00	Officer Director	$0	$0	$0
MARK STACY	DIRECTOR	40.00	Director	$0	$0	$0
GARY LYONS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF GREENE	DIRECTOR	1.00	Director	$0	$0	$0
JIM WEAVER	TREASURER	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	$308,175	$793,871	$722,248	$-485,696
2023	$-50,808	$643,511	$1,079,241	$-694,319
2022	$427,697	$814,392	$1,470,466	$-386,695
2021	$2,081,685	$1,379,163	$2,176,399	$702,522
2020	$2,364,773	$812,409	$1,526,394	$1,552,364
2019	$77,878	$129,666	$-35,857	$-51,788
2018	$112,412	$132,093	$16,361	$-19,681

CORD GROUP