CHILDREN 1ST COMMUNITY DEVELOPMENT (EIN 473089192) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

IFY AGBASI

Phone

6786000580

Tax Period

2024-01-01 to 2024-12-31

CHILDREN 1ST COMMUNITY DEVELOPMENT, founded in 2015, is a community nonprofit in the Youth Development sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

PLACING MINOR CHILDREN IN APPROPRIATE FOSTER HOMES AND PROVIDING CLOTHING, EDUCATIONAL ASSISTANCE, AND OTHER NEEDS OF DISPLACED CHILDREN.

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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 $32,856

Program Service Revenue $2,872,082

Investment Income $18

Other Revenue $-190

TOTAL REVENUE $2,904,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $878,830

Fundraising Expenses $0

Program Expenses $2,207,767

Other Expenses $1,979,962

TOTAL EXPENSES $2,858,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,904,766	$2,091,269	+0.4%
Expenses	$2,858,792	$1,968,363	+0.5%
Net Income	$45,974	$122,906	-0.6%

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

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

$139,153

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IFY AGBASI	EXECUTIVE DI	40.00	Officer	$139,153	$0	$139,153
WILLIAM WYATT	CHAIRMAN	0.00	Director	$0	$0	$0
THURKESAH SMITH	TREASURER	0.00	Director	$0	$0	$0
FLORENE MOEMENA	SECRETARY	0.00	Director	$0	$0	$0
TRISTEM MCLENDON	BOARD MEMBER	0.00	Director	$0	$0	$0
ANDREA WILLIAMS	BOARD MEMBER	0.00	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	$2,904,766	$2,858,792	$446,715	$45,974
2023	$2,091,269	$1,968,363	$409,580	$122,906
2022	$1,619,490	$1,530,688	$227,486	$88,802
2021	$873,207	$860,193	$152,854	$13,014
2019	$178,487	$187,632	$1,800	$-9,145

CHILDREN 1ST COMMUNITY DEVELOPMENT