360 COMMUNITY DEVELOPMENT CORPORAT… - Form 990 Financial Data

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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

Phone

2029049052

Tax Period

2023-06-01 to 2024-05-31

360 COMMUNITY DEVELOPMENT CORPORATION INC, founded in 2014, is a small nonprofit in the Education sector that reported $272K in total revenue in fiscal year 2023. Expenses of $260K left a modest 4% surplus.

Mission

We work with State and local governments apartment management companies investors and landlords to facilitate grants low subsidy loans to create decent safe and affordable housing units and other beneficial programs. We offer all the necessary services to obtain capital financing and assure the quality of housing construction and property management for projects located in Maryland Prince Georges Montgomery and Baltimore counties

Program Service Accomplishments

Program 1

Expenses: $83,737 Revenue: $0

Affordable Roofing Repair Program

Program 2

Expenses: $111,650 Revenue: $0

Water Heater Repair and Replacement Program

Program 3

Expenses: $27,913 Revenue: $0

Appliance Repair Program

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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 (2023)

Revenue Breakdown

Contributions & Grants $49,900

Program Service Revenue $210,745

Investment Income $11,374

Other Revenue $0

TOTAL REVENUE $272,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $260,461

Other Expenses $260,461

TOTAL EXPENSES $260,461

Year-over-Year Comparison

	2023	2022	Change
Revenue	$272,019	$278,507	0.0%
Expenses	$260,461	$255,518	+0.0%
Net Income	$11,558	$22,989	-0.5%

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
Henry Searcy Jr	President	10.00	Officer 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	$272,019	$260,461	$197,991	$11,558
2022	$278,507	$255,518	$198,064	$22,989

360 COMMUNITY DEVELOPMENT CORPORATION INC