KINGSWOOD COMMUNITY CENTER INC

🔒

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

1946

Legal Domicile

Principal Officer

LAURA MOOD

Phone

3027649022

Tax Period

2024-01-01 to 2024-12-31

KINGSWOOD COMMUNITY CENTER INC, founded in 1946, is a mid-sized nonprofit in the Human Services sector that reported $11.3M in total revenue in fiscal year 2024. Revenue surged 185% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.5M, a strong 66% operating margin.

Mission

TO ENABLE PEOPLE IN NORTHEAST WILMINGTON AND SURROUNDING COMMUNITIES TO ACHIEVE THEIR POTENTIAL SOCIAL, ECONOMIC AND PERSONAL WELL-BEING.

Program Service Accomplishments

Program 1

Expenses: $1,109,262 Revenue: $81,234

EARLY LEARNING CENTER - A LICENSED DELAWARE STARS EARLY LEARNING ACADEMY THAT SERVES CHILDREN FROM AGES OF 12 MONTHS TO 5 YEARS OLD WHICH ENDEAVORS TO SERVE AND DEVELOP POTENTIALS AND ABILITIES.

Program 2

Expenses: $1,009,803

COMMUNITY AND FAMILY SERVICES - COMMUNITY AND FAMILY SERVICES PROVIDES JOB AWARENESS WORKSHOPS AND TRAINING, BUDGET AND HOUSING COUNSELING, TEEN PREGNANCY PREVENTION INITIATIVES, AND FINANCIAL...

COMMUNITY AND FAMILY SERVICES - COMMUNITY AND FAMILY SERVICES PROVIDES JOB AWARENESS WORKSHOPS AND TRAINING, BUDGET AND HOUSING COUNSELING, TEEN PREGNANCY PREVENTION INITIATIVES, AND FINANCIAL ASSISTANCE TO THOSE IN NEED WITHIN THE COMMUNITY. ALSO, KINGSWOOD PROVIDES A COMMUNITY GARDEN THAT INCLUDES 20 RAISED BEDS, FRUIT TREES, AND BIRD HOUSES TO PROVIDE LEARNING EXPERIENCES FOR OUR CLIENTELE AND FRESH FRUITS AND VEGETABLES FOR THE COMMUNITY.

Program 3

Expenses: $233,001 Revenue: $34,117

SENIOR CENTER THE JIMMY JENKINS SENIOR CENTER PROVIDES DAILY SOCIAL, RECREATIONAL, AND EDUCATION ACTIVITIES AND DAILY TRANSPORTATION TO ASSURE ONGOING GOOD HEALTH OF THE SENIORS IN OUR COMMUNITY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $10,630,108

Program Service Revenue $115,351

Investment Income $555,900

Other Revenue $0

TOTAL REVENUE $11,301,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,529,486

Fundraising Expenses $126,474

Program Expenses $2,584,260

Other Expenses $1,278,860

TOTAL EXPENSES $3,808,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,301,359	$3,961,156	+1.9%
Expenses	$3,808,346	$3,270,968	+0.2%
Net Income	$7,493,013	$690,188	+9.9%

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

Employees

Volunteers

150

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

$173,231

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES RAY RHODES	CHAIR	7.00	Officer Director	$0	$0	$0
MEGHANN FELICE	TREASURER	2.00	Officer Director	$0	$0	$0
DANA HARRIS	MEMBER	1.00	Director	$0	$0	$0
THERESSA HOLMES	MEMBER	1.00	Director	$0	$0	$0
BOBBI BRITTON	MEMBER	1.00	Director	$0	$0	$0
ROBERT YOUNG	MEMBER	1.00	Director	$0	$0	$0
DR SABRINA THOMAS	MEMBER	1.00	Director	$0	$0	$0
LOGAN HERRING	CHIEF EXECUTIVE OFFICER	10.00	Officer	$59,482	$0	$59,482
KENYETTAA MCCURDY-BYRD	CHIEF OPERATING OFFICER	10.00	Officer	$40,979	$0	$40,979
DAVID FORD	CHIEF COMMUNITY INVESTMENT	10.00	Officer	$36,817	$0	$36,817
LAURA MOOD	CHIEF FINANCIAL OFFICER	10.00	Officer	$35,953	$0	$35,953

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	$11,301,359	$3,808,346	$24,956,399	$7,493,013
2023	$3,961,156	$3,270,968	$16,280,551	$690,188
2022	$4,380,646	$3,393,864	$15,234,718	$986,782
2021	$16,711,874	$4,284,737	$14,610,102	$12,427,137
2020	$4,062,356	$3,823,493	$2,350,423	$238,863
2019	$3,384,360	$3,268,627	$1,646,755	$115,733
2018	$2,778,826	$2,831,497	$1,453,020	$-52,671