Reid Community Development Corporation

EIN: 521904693 501(c)(3) Human Services

Glenn Dale, MD

Total Revenue
$268,738
Total Expenses
$176,275
Total Assets
$815,193
Net Assets
$811,055
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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
1994
Legal Domicile
MD
Principal Officer
Dr Mark E Whitlock Jr
Phone
3014649600
Tax Period
2021-10-01 to 2022-09-30

Reid Community Development Corporation, founded in 1994, is a small nonprofit in the Human Services sector that reported $269K in total revenue in fiscal year 2021. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 34% operating margin.

Mission

TO FOSTER ECONOMIC GROWTH AND COMMUNITY DEVELOPMENT BY ESTAB LISHING PROGRAMS AND RESOURCES THAT WILL PROVIDE RELIEF TO SOCIALLY AND ECONOMICALLY DISADVANTAGED RESIDENTS OF PRINCE GEORGES COUNTY AND WASHINGTON DC AREA

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $261,491
Program Service Revenue $0
Investment Income $0
Other Revenue $7,247
TOTAL REVENUE $268,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $81,124
Fundraising Expenses $0
Program Expenses $88,139
Other Expenses $95,151
TOTAL EXPENSES $176,275

Year-over-Year Comparison

2021 2020 Change
Revenue $268,738 $182,478 +0.5%
Expenses $176,275 $97,078 +0.8%
Net Income $92,463 $85,400 +0.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
2
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
1
$70,462
Total Directors
9
$0
Key Employees
1
$70,462
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael W Banks Executive Director 001.00
Officer Key Emp
$70,462 $0 $70,462
Rev Dr Mark E Whitlock Jr Chairperson 001.00
Director
$0 $0 $0
Rev Hermia Shegog Whitlock JD Board Member 001.00
Director
$0 $0 $0
Dr Howard E Pointer DDS Treasurer 001.00
Director
$0 $0 $0
Karen Pope-Onwukwe Board Member 001.00
Director
$0 $0 $0
Andrew Moss Board Member 001.00
Director
$0 $0 $0
Ken Werner Board Member 001.00
Director
$0 $0 $0
Dr Anton Bizzell Board Member 001.00
Director
$0 $0 $0
Marlon Broady Board Member 001.00
Director
$0 $0 $0
Tennille Campbell Board Member 001.00
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 $268,738 $176,275 $815,193 $92,463
2021 $182,478 $97,078 $718,592 $85,400
2020 $124,365 $139,152 $646,386 $-14,787
2019 $167,130 $119,262 $653,673 $47,868
2018 $132,396 $111,443 $605,805 $20,953
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