GOVANS ECUMENICAL DEVELOPMENT CORP (EIN 521767577) - 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

1991

Legal Domicile

Principal Officer

CHRIS MCCULLOUGH

Phone

4104332442

Tax Period

2024-04-01 to 2025-03-31

GOVANS ECUMENICAL DEVELOPMENT CORP, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.0M left a modest 6% surplus.

Mission

TO DEVELOP AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES AND ASSIST IN MEETING EMERGENCY NEEDS OF COMMUNITY RESIDENTS

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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 $1,856,942

Program Service Revenue $108,405

Investment Income $67,207

Other Revenue $87,755

TOTAL REVENUE $2,120,309

Expense Breakdown

Grants Paid $278,991

Salaries & Benefits $810,905

Fundraising Expenses $279,090

Program Expenses $1,403,392

Other Expenses $901,517

TOTAL EXPENSES $1,991,413

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,120,309	$4,094,381	-0.5%
Expenses	$1,991,413	$1,786,552	+0.1%
Net Income	$128,896	$2,307,829	-0.9%

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

195

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

$250,414

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MELINDA FITTING	SECRETARY	1.00	Officer Director	$0	$0	$0
NICK ALEXOPULOS	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHANIE SHACK	PRESIDENT & VP, PROPERTY	1.00	Officer Director	$0	$0	$0
ROBERT P BLANKFELD	VP-PROGRAMS	1.00	Officer Director	$0	$0	$0
CANDACE GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
MARK HEWICK	DIRECTOR	1.00	Director	$0	$0	$0
JAY MICHAEL WEINER	CHAIR, STADIUM PLACE	1.00	Officer Director	$0	$0	$0
REV JENNIFER DIFRANCESCO	CHAIR-MEMBER ORG. COMMITTE	1.00	Officer Director	$0	$0	$0
EVANGELINE M HERBERT	DIRECTOR	1.00	Director	$0	$0	$0
ERIN OKEEFE	CHAIR- GOV. COMMITTEE	1.00	Officer Director	$0	$0	$0
DR RODNEY PARKER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BEST	DIRECTOR	1.00	Director	$0	$0	$0
WINDELL OWENS	DIRECTOR	1.00	Director	$0	$0	$0
WAYMAN SCOTT	CHAIR-MARKETING	1.00	Officer Director	$0	$0	$0
KELLY ERLEMEIER	DIRECTOR	1.00	Director	$0	$0	$0
REV LEVON SUTTON	DIRECTOR	1.00	Director	$0	$0	$0
REV TAMARA WILSON	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE NUGENT GYESIE	DIRECTOR	1.00	Director	$0	$0	$0
MYCHELLE FARMER	VP-RESOURCE DEV.	1.00	Officer Director	$0	$0	$0
MALIK JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN C CABALLERO	DIRECTOR	1.00	Director	$0	$0	$0
AMBER C AUSTIN	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN OWENS	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLE DOYE BATTLE	CHIEF EXECUTIVE OFFICER	35.00	Officer	$99,750	$11,991	$154,491
TED GROSS	CHIEF PROGRAM OFFICER	22.00	Officer	$31,350	$923	$95,923

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	$2,120,309	$1,991,413	$5,652,976	$128,896
2024	$4,094,381	$1,786,552	$6,252,434	$2,307,829
2023	$2,619,493	$1,848,195	$3,296,397	$771,298
2022	$2,831,115	$1,938,529	$2,252,966	$892,586
2021	$2,293,244	$1,820,496	$1,383,797	$472,748
2021	$2,293,244	$1,820,496	$1,383,797	$472,748
2020	$1,298,943	$1,591,706	$661,165	$-292,763
2019	$1,425,040	$1,512,478	$687,833	$-87,438
2018	$2,357,277	$2,044,559	$911,592	$312,718
2017	$2,129,332	$2,296,078	$950,473	$-166,746

GOVANS ECUMENICAL DEVELOPMENT CORP