Youth Development Project Corp

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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

2014

Legal Domicile

Principal Officer

Cedric Towner

Phone

3179857279

Tax Period

2024-01-01 to 2024-12-31

Youth Development Project Corp, founded in 2014, is a community nonprofit in the Youth Development sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

To help youth and young adults achieve self sufficiency through education and job readiness.

Program Service Accomplishments

Program 1

Expenses: $1,476,582 Revenue: $1,539,668

To help youth and young adults achieve self sufficiency through education and job readiness.

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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 $0

Program Service Revenue $1,539,668

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,539,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,512,582

Fundraising Expenses $0

Program Expenses $1,476,582

Other Expenses $98,156

TOTAL EXPENSES $1,610,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,539,668	$1,269,048	+0.2%
Expenses	$1,610,738	$1,251,988	+0.3%
Net Income	$-71,070	$17,060	-5.2%

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

N/A

Independent Members

N/A

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
CEDRIC TOWNER	CEO	40.00	Officer	$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	$1,539,668	$1,610,738	$158,430	$-71,070
2023	$1,269,048	$1,251,988	$117,091	$17,060
2022	$1,032,911	$1,014,116	$105,858	$18,795
2021	$794,210	$757,903	$177,000	$36,307