VETERANS COMMUNITY DEVELOPMENT CORPORATION INC (EIN 464032149) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

PARKER WISHNEFF

Phone

5409821317

Tax Period

2024-01-01 to 2024-12-31

VETERANS COMMUNITY DEVELOPMENT CORPORATION INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $917K in total revenue in fiscal year 2018. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $906K, a strong 99% operating margin.

Mission

VCDC WILL OPERATE IN AREAS IN NEED OF COMMUNITY DEVELOPMENT; OUR ACTIVITIES WILL DIRECTLY FACILITATE SUCH DEVELOPMENT THROUGH THE PROVISION OF FUNDING FOR KEY REDEVELOPMENT PROJECTS INCLUDING SPECIFICALLY HISTORIC PRESERVATION PROJECTS IN DOWNTOWN AREAS, AND VCDC WILL HELP TO FACILITATE VETERAN BUSINESSES. THESE ACTIVITIES MAY INCLUDE BUT ARE NOT LIMITED TO JOB TRAINING, FINANCING OF VETERAN-OWNED BUSINESSES AND TECHNICAL ASSISTANCE FOR VETERAN RELATED PROJECTS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,408,987

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,408,987

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80

Other Expenses $80

TOTAL EXPENSES $80

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,408,987	N/A	N/A
Expenses	$80	N/A	N/A
Net Income	$1,408,907	$0	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PARKER WISHNEFF	PRESIDENT	0.50	Officer Director	$0	$0	$0
DOUG CHITTUM	DIRECTOR	0.50	Director	$0	$0	$0
JANE WISHNEFF	DIRECTOR	0.50	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	$1,408,987	$80	$1,470,171	$1,408,907
2023	No data	No data	$61,264	No data
2022	No data	No data	$61,264	No data
2021	$-406,128	$752	$61,264	$-406,880
2020	$-2,460,378	$1,254	$468,144	$-2,461,632
2019	$-2,779,805	No data	$2,929,776	No data
2018	$916,938	$11,000	$5,709,581	$905,938

VETERANS COMMUNITY DEVELOPMENT CORPORATION INC