SOUTHBRIDGE COMMUNITY DEVELOPMENT CORPORATION (EIN 510419197) - 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

2004

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

SOUTHBRIDGE COMMUNITY DEVELOPMENT CORPORATION, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $629K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $854K exceeded revenue, resulting in a 36% operating deficit.

Mission

HOUSING/ECONOMIC DEVOLOPMENTN OF THE SOUTHBRIDGE COMMUNITY IN WILMINGTON DELAWARE

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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 $628,657

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $628,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,025

Fundraising Expenses $0

Program Expenses $806,437

Other Expenses $732,859

TOTAL EXPENSES $853,884

Year-over-Year Comparison

	2024	2023	Change
Revenue	$628,657	$548,137	+0.1%
Expenses	$853,884	$525,279	+0.6%
Net Income	$-225,227	$22,858	-10.9%

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

$27,083

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANIFA SHABAZZ	INTERIM EXECUTIVE DIRECTOR	45.00	Officer	$27,083	$0	$27,083
TRAVIS SMITH	PRESIDENT	10.00	Officer	$0	$0	$0
WESLEY SCHWANDT	SECRETARY	5.00	Officer	$0	$0	$0
JOCELYN HARPER	ASSISTANT SECRETARY	2.00	Officer	$0	$0	$0
JOHN POLK	TREASURER	2.00	Officer	$0	$0	$0
RICHARD DYTON	BOARD MEMBER	2.00	Officer	$0	$0	$0
SAMIRA SAVOURY	BOARD MEMBER	2.00	Officer	$0	$0	$0
LESLIE NUTTER	BOARD MEMBER	2.00	Officer	$0	$0	$0
DANIELLE BROTHERS	BOARD MEMBER	2.00	Officer	$0	$0	$0
LARETTA WILSON	ASSISTANT TREASURER	2.00	Officer	$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
2025	$628,657	$853,884	$158,665	$-225,227
2023	$548,137	$525,279	$481,335	$22,858
2022	$407,662	$79,697	$399,092	$327,965

SOUTHBRIDGE COMMUNITY DEVELOPMENT CORPORATION