DANIEL ALEXANDER PAYNE COMMUNITY DEVELOPMENT CORP (EIN 522112789) - 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

1998

Legal Domicile

Principal Officer

CHARLES BREECE

Phone

2023311426

Tax Period

2023-01-01 to 2023-12-31

DANIEL ALEXANDER PAYNE COMMUNITY DEVELOPMENT CORP, founded in 1998, is a micro nonprofit in the Community Improvement sector that reported $17K in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $31K exceeded revenue, resulting in a 81% operating deficit.

Mission

INITIATES AND FOSTERS PROGRAMS AIMED AT SERVING THE NEEDS OF THE PUBLIC, PARTICULARLY THE LESS FORTUNATE AND UNDERSERVED. PROGRAMS ARE FOCUSED ON THE EMERGENT SOCIAL AND ECONOMIC NEEDS OF INDIVIDUALS IN THE WASHINGTON, DC METROPOLITAN 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,963

Program Service Revenue $0

Investment Income $0

Other Revenue $2,150

TOTAL REVENUE $17,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $301

Program Expenses $24,428

Other Expenses $31,034

TOTAL EXPENSES $31,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,113	$61,704	-0.7%
Expenses	$31,034	$42,906	-0.3%
Net Income	$-13,921	$18,798	-1.7%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LASONYA ABNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES BREECE	TREASURER	20.00	Officer Director	$0	$0	$0
MAURITA COLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD CORLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTONIO HARRISON	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MCMILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
LEROY NESBITT	BOARD MEMBER	1.00	Director	$0	$0	$0
CRISTOL PRIMAS	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES TURNER	BOARD MEMBER	1.00	Director	$0	$0	$0
DR GLADYS G VAUGHN	CHAIRMAN	3.00	Officer 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
2024	No data	No data	No data	No data
2023	$17,113	$31,034	$74,958	$-13,921
2022	$61,704	$42,906	$88,879	$18,798
2021	$60,269	$6,249	$70,081	$54,020
2020	$3,426	$3,490	$16,061	$-64
2019	$9,303	$18,305	$16,125	$-9,002
2018	$17,558	$14,342	$25,127	$3,216

DANIEL ALEXANDER PAYNE COMMUNITY DEVELOPMENT CORP