ARKANSAS LAND AND COMMUNITY DEVELOPMENT CORPORATION (EIN 465022032) - 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

2014

Principal Officer

BRIAN CORNELIUS

Phone

8707341140

Tax Period

2023-10-01 to 2024-09-30

ARKANSAS LAND AND COMMUNITY DEVELOPMENT CORPORATION, founded in 2014, is a small nonprofit that reported $589K in total revenue in fiscal year 2017. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

PROVIDE HOUSING, YOUTH, AND RESOURCE CONSERVATION, AND COMMUNITY AND ECONCOMIC DEVELOPMENT PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $771,479

Program Service Revenue $74,727

Investment Income $50

Other Revenue $0

TOTAL REVENUE $846,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $646,863

Fundraising Expenses $0

Program Expenses $931,792

Other Expenses $284,929

TOTAL EXPENSES $931,792

Year-over-Year Comparison

	2023	2022	Change
Revenue	$846,256	$884,121	0.0%
Expenses	$931,792	$846,399	+0.1%
Net Income	$-85,536	$37,722	-3.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY BONE	DIRECTOR	N/A	Director	$0	$0	$0
EVETTE BROWNING	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN CORNELIUS	CHAIRMAN	N/A	Director	$0	$0	$0
DARRIN DAVIS	DIRECTOR	N/A	Director	$0	$0	$0
COREY FARMER	DIRECTOR	N/A	Director	$0	$0	$0
JULIUS HANDCOCK	DIRECTOR	N/A	Director	$0	$0	$0
BERLIN JONES	DIRECTOR	N/A	Director	$0	$0	$0
HARRISON LOCKE	DIRECTOR	N/A	Director	$0	$0	$0
JAMES LOWERY	DIRECTOR	N/A	Director	$0	$0	$0
ROGER SMITH	DIRECTOR	N/A	Director	$0	$0	$0
CURTIS TATE	DIRECTOR	N/A	Director	$0	$0	$0
LINDA WILSON	DIRECTOR	N/A	Director	$0	$0	$0
BURTHEL THOMAS	DIRECTOR	N/A		$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	$846,256	$931,792	$177,113	$-85,536
2023	$884,121	$846,399	$79,818	$37,722
2022	$587,873	$603,555	$42,096	$-15,682
2021	$489,761	$550,798	$57,778	$-61,037
2020	$640,581	$565,133	$118,825	$75,448
2019	$664,679	$624,463	$43,377	$40,216
2018	$588,519	$645,278	$55,338	$-56,759

ARKANSAS LAND AND COMMUNITY DEVELOPMENT CORPORATION