FALLBROOK COMMUNITY DEVELOPMENT CORPORATION (EIN 471162906) - 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

2014

Legal Domicile

Principal Officer

MICHAEL A PENDER

Phone

2814446198

Tax Period

2023-01-01 to 2023-12-31

FALLBROOK COMMUNITY DEVELOPMENT CORPORATION, founded in 2014, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.4M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE BEFORE AND AFTER SCHOOL CARE AND EDUCATION CONTINUANCE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $250

Program Service Revenue $1,181,982

Investment Income $137

Other Revenue $-53,133

TOTAL REVENUE $1,129,236

Expense Breakdown

Grants Paid $99,934

Salaries & Benefits $846,709

Fundraising Expenses $101,560

Program Expenses $1,163,586

Other Expenses $433,865

TOTAL EXPENSES $1,380,508

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,129,236	$1,139,247	0.0%
Expenses	$1,380,508	$1,055,165	+0.3%
Net Income	$-251,272	$84,082	-4.0%

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

N/A

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

$112,727

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL A PENDER	PRESIDENT & CEO	40.00	Officer Director	$0	$0	$0
TONNIA COTTON	OFF SITE DIRECTOR	40.00	Director	$18,308	$0	$18,308
CLAUDE COTTON	ON SITE DIRECTOR	40.00	Director	$94,419	$0	$94,419
JANICE PENDER	SECRETARY	40.00	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	No data	No data	No data	No data
2023	$1,129,236	$1,380,508	$94,661	$-251,272
2022	$1,139,247	$1,055,165	$379,978	$84,082
2021	$909,330	$630,928	$297,046	$278,402
2020	$399,580	$418,838	$16,494	$-19,258
2019	$818,184	$820,420	$37,252	$-2,236
2018	$778,837	$804,320	$44,484	$-25,483

FALLBROOK COMMUNITY DEVELOPMENT CORPORATION