URBAN CORPS INC (EIN 474522579) - 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

Phone

6192311977

Tax Period

2021-07-01 to 2022-06-30

URBAN CORPS INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $134K in total revenue in fiscal year 2021. Expenses of $188K exceeded revenue, resulting in a 40% operating deficit.

Mission

URBAN CORPS, INC. WAS FORMED TO SUPPORT URBAN CORPS OF SAN DIEGO COUNTY THROUGH OBTAINING THE NEW MARKET TAX CREDIT (NMTC) 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $134,305

Other Revenue $0

TOTAL REVENUE $134,305

Expense Breakdown

Grants Paid $157,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $187,841

Other Expenses $30,841

TOTAL EXPENSES $187,841

Year-over-Year Comparison

	2021	2020	Change
Revenue	$134,305	$137,817	0.0%
Expenses	$187,841	$160,841	+0.2%
Net Income	$-53,536	$-23,024	+1.3%

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

N/A

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

$199,792

Total Directors

$199,792

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE KENNEDY	CEO	1.00	Officer Director	$0	$0	$199,792
SAMUEL M DURAN	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
MATT MANNING	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
JIM MADSEN	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
MICHAEL STERNS	BOARD PRESIDENT	1.00	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
2022	$134,305	$187,841	$5,799,899	$-53,536
2021	$137,817	$160,841	$5,853,435	$-23,024
2020	$131,576	$120,926	$5,876,459	$10,650
2019	$135,596	$156,841	$5,873,498	$-21,245
2018	$137,092	$160,332	$5,894,743	$-23,240

URBAN CORPS INC