EQUITY COMMUNITY DEVELOPMENT (EIN 455091301) - 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

Robert Stevenson

Phone

5127310445

Tax Period

2023-01-01 to 2023-12-31

EQUITY COMMUNITY DEVELOPMENT, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $449K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $430K left a modest 4% surplus.

Mission

Equity CDC works with units of government and low-income people to create, develop and administer housing programs for the rehabilitation, reconstruction, or new construction of low-income housing in primarily rural and underserved areas of Texas.

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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 $448,811

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $448,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,232

Fundraising Expenses $0

Program Expenses $374,257

Other Expenses $231,533

TOTAL EXPENSES $429,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$448,811	$496,834	-0.1%
Expenses	$429,765	$489,228	-0.1%
Net Income	$19,046	$7,606	+1.5%

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

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

$74,375

Total Directors

$74,375

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Stevenson	Executive Director	40	Officer Director	$74,375	$0	$74,375
Jerald Ferguson	Board President	0.25	Director	$0	$0	$0
Crystal Agnew	Board Treasurer	0.25	Director	$0	$0	$0
Christopher Stevenson	Board Member	0.25	Director	$0	$0	$0
William Gudeman	Board Secretary	0.25	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
2024	No data	No data	No data	No data
2023	$448,811	$429,765	$20,527	$19,046
2022	$496,834	$489,228	$19,337	$7,606
2021	$595,602	$602,393	$1,406	$-6,791
2018	$362,136	$366,071	$2,391	$-3,935

EQUITY COMMUNITY DEVELOPMENT