THE FAIRMONT 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

1991

Legal Domicile

Principal Officer

KAYLEIGH KYLE

Phone

3043667600

Tax Period

2020-01-01 to 2020-12-31

THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP INC, founded in 1991, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2020. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $507K, a strong 46% operating margin.

Mission

REVITALIZING NEIGHBORHOODS AND PROVIDING AFFORDABLE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS.

Program Service Accomplishments

Program 1

Expenses: $404,567 Revenue: $430,007

THE PARTNERSHIP'S PROGRAM GOAL IS TO REVITALIZE NEIGHBORHOODS AND PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS. THIS IS ACCOMPLISHED THROUGH PROVIDING AFFORDABLE...

THE PARTNERSHIP'S PROGRAM GOAL IS TO REVITALIZE NEIGHBORHOODS AND PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME HOUSEHOLDS. THIS IS ACCOMPLISHED THROUGH PROVIDING AFFORDABLE RENTAL UNITS WITHIN THE TARGETED NEIGHBORRHOOD AREAS.

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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 $661,623

Program Service Revenue $402,375

Investment Income $2,097

Other Revenue $27,032

TOTAL REVENUE $1,093,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,208

Fundraising Expenses $20,148

Program Expenses $404,567

Other Expenses $493,816

TOTAL EXPENSES $586,024

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,093,127	$561,126	+0.9%
Expenses	$586,024	$719,747	-0.2%
Net Income	$507,103	$-158,621	-4.2%

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

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
CLIFTON JACKSON	PRESIDENT	5.50	Officer Director	$0	$0	$0
TIMOTHY DAWSON	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN O'CONNOR	TREASURY	5.50	Officer Director	$0	$0	$0
BELINDA BIAFORE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KELLEY ROSE	DIRECTOR	1.00	Director	$0	$0	$0
FRANCES WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
BILL OLIVER	DIRECTOR	1.00	Director	$0	$0	$0
REGINA KING	DIRECTOR	1.00	Director	$0	$0	$0
RONNIE WILLIAMS	DIRECTOR	1.00	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	$1,093,127	$586,024	$6,372,962	$507,103
2019	$561,126	$719,747	$6,411,319	$-158,621
2018	$1,019,298	$786,870	$6,967,110	$232,428

THE FAIRMONT COMMUNITY DEVELOPMENT PARTNERSHIP INC