MOUNT OLIVE COMMUNITY DEVELOPMENT … - Form 990 Financial Data

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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

2001

Legal Domicile

Phone

4105719681

Tax Period

2020-01-01 to 2020-12-31

MOUNT OLIVE COMMUNITY DEVELOPMENT CORPORATION, founded in 2001, is a micro nonprofit that reported $33K in total revenue in fiscal year 2020. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 37% operating margin.

Mission

TO PROVIDE COMMUNITY SUPPORT FOR THE GREATER PAROLE COMMUNITY WHICH IMPROVE EDUCATIONAL CONDITIONS OF RESIDENTS,PROMOTE AND PROVIDE JOB TRAINING,AND DEVELOPMENT OF ENTREPRENEURIAL SKILLS.

Program Service Accomplishments

Program 1

Expenses: $16,745 Revenue: $0

The COVID-19 Pandemic in year 2020 extremely limited Mount Olive Community Development Corporation's accomplishments. However, Inspite of the pandemic, we developed and launched our first...

The COVID-19 Pandemic in year 2020 extremely limited Mount Olive Community Development Corporation's accomplishments. However, Inspite of the pandemic, we developed and launched our first professional website and provided COVID related information to the community. Our organization hosted an extensive three-month advanced and comprehensive training for realtors associated with Keller Williams. Mount Olive Community Development Corporation served as a host agency for The Senior Community Service Employment Program and provided a secretarial position that provided extensive one on one job training to an Anne Arundel County senior. The COVID pandemic's impact on in person learning shortened the length of time our organization served as a location for non english speaking residents to learn english.

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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 (2020)

Revenue Breakdown

Contributions & Grants $6,350

Program Service Revenue $0

Investment Income $7

Other Revenue $26,531

TOTAL REVENUE $32,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,745

Other Expenses $20,702

TOTAL EXPENSES $20,702

Year-over-Year Comparison

	2020	2019	Change
Revenue	$32,888	$50,053	-0.3%
Expenses	$20,702	$54,334	-0.6%
Net Income	$12,186	$-4,281	-3.8%

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
N/A	CHIEF EXECUTIVE OFFICER	20.00	Officer	$0	$0	$0
N/A	VICE CHAIR/SECRETARY	10.00	Officer	$0	$0	$0
N/A	TREASURER	20.00	Officer	$0	$0	$0
N/A	INDIV TRUSTEE	5.00	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
2020	$32,888	$20,702	$15,771	$12,186
2019	$50,053	$54,334	$13,484	$-4,281
2018	$52,919	$52,019	$16,502	$900

MOUNT OLIVE COMMUNITY DEVELOPMENT CORPORATION