CENTRAL COMMUNITY DEVELOPMENT CORP (EIN 455391838) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Phone

2025051938

Tax Period

2024-01-01 to 2024-12-31

CENTRAL COMMUNITY DEVELOPMENT CORP, founded in 2012, is a small nonprofit in the Employment sector that reported $181K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $393K exceeded revenue, resulting in a 117% operating deficit.

Mission

TO PLAY A PIVOTAL ROLE IN THE SOCIO-ECONOMIC UPLIFTMENT OF THE CONGRESS HEIGHTS AREA WITH BUSINESS DEVELOPMENT,JOB TRAINING, AND EDUCATIONAL INITIATIVES. IT ALSO OPERATES AN ART CENTER TO EDUCATE AND EXPOSE YOUTH AND ADULTS TO ARTS AND CULTURAL OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,112

Program Service Revenue $47,729

Investment Income $17,028

Other Revenue $0

TOTAL REVENUE $180,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,338

Fundraising Expenses $0

Program Expenses $319,939

Other Expenses $262,833

TOTAL EXPENSES $393,171

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,869	$633,142	-0.7%
Expenses	$393,171	$285,679	+0.4%
Net Income	$-212,302	$347,463	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

$27,500

Key Employees

$32,083

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEYONNA JONES	VICE CHAIR AND EXECUTIVE DIRECTOR	40.00	Key Emp	$32,083	$0	$32,083
BARBARA THOMPSON	SECRETARY TREASURER	32.00	Director	$27,500	$0	$27,500
PHINIS JONES	CHAIR	10.00	Director	$0	$0	$0
DONALD ISAAC	MEMBER	1.00	Director	$0	$0	$0
GWENDOLYN TONEY	MEMBER	5.00	Director	$0	$0	$0
KATRINA JONES	MEMBER	1.00	Director	$0	$0	$0
MELAT DEBELA	MEMBER	1.00	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	$180,869	$393,171	$715,674	$-212,302
2023	$633,142	$285,679	$928,144	$347,463
2022	$160,811	$201,021	$526,421	$-40,210
2021	$252,859	$354,390	$566,631	$-101,531

CENTRAL COMMUNITY DEVELOPMENT CORP