EDMONDSON COMMUNITY ORGANIZATION INC C/O JOE RICHARDSON (EIN 521834233) - Form 990 Financial Analysis & Trantor Score

🔒

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

1993

Legal Domicile

Principal Officer

JOE RICHARDSON

Phone

4102313096

Tax Period

2023-07-01 to 2024-06-30

EDMONDSON COMMUNITY ORGANIZATION INC C/O JOE RICHARDSON, founded in 1993, is a small nonprofit in the Employment sector that reported $128K in total revenue in fiscal year 2023. Revenue surged 206% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION SEEKS TO ENGENDER RAPID, EQUITABLE, TRANSFORMATIONAL REVITALIZATION IN THE COMMUNITIES AND NEIGHBORHOODS INCLUDING, ADJACENT TO, AND IN CLOSE PROXIMITY OF, EDMONDSON AVENUE IN WEST BALTIMORE, AND THE WEST BALTIMORE MARC STATION. THE ORGANIZATION WILL FOCUS PRIMARILY ON ECONOMIC DEVELOPMENT, JOB CREATION, AFFORDABLE HOUSING CREATION AND QUALITY-OF-LIFE AUGMENTING ACTIVITIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $127,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $127,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,897

Fundraising Expenses $0

Program Expenses $126,004

Other Expenses $29,989

TOTAL EXPENSES $135,886

Year-over-Year Comparison

	2023	2022	Change
Revenue	$127,500	$41,658	+2.1%
Expenses	$135,886	$6,204	+20.9%
Net Income	$-8,386	$35,454	-1.2%

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

N/A

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

$100,346

Total Directors

$34,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE RICHARDSON	PRESIDENT	20.00	Officer Director	$27,000	$0	$27,000
SANDRA BURRELL	TREASURER	2.00	Officer Director	$6,000	$0	$6,000
MYRA BATES-OTGONJARGAL	SECRETARY	1.00	Officer Director	$1,000	$0	$1,000
ZELDA ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
REGINALD SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE WILSON	DIRECTOR	1.00	Director	$0	$0	$0
LEE CALVIN	DIRECTOR	1.00	Director	$0	$0	$0
HARI CLOSE	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN SACKS	EXECUTIVE DIRECTOR	40.00	Officer	$66,346	$0	$66,346

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	No data	No data	No data	No data
2024	$127,500	$135,886	$30,153	$-8,386
2023	$41,658	$6,204	$38,454	$35,454

EDMONDSON COMMUNITY ORGANIZATION INC C/O JOE RICHARDSON