ROCKY MOUNTEDGECOMBE COMMUNITY DEVELOPMENT CORPORATION INC (EIN 561641865) - 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

1988

Legal Domicile

Principal Officer

JOYCE DICKENS

Phone

2524425178

Tax Period

2018-01-01 to 2018-12-31

ROCKY MOUNTEDGECOMBE COMMUNITY DEVELOPMENT CORPORATION INC, founded in 1988, is a small nonprofit that reported $646K in total revenue in fiscal year 2018. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $850K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO RAISE THE ECONOMIC, EDUCATION AND SOCIAL LEVELS OF AREA RESIDENTS AND PROVIDE HOUSING AND BUSINESS OPPORTUNITIES FOR THE LOW INCOME AND MINORITY POPULATION IN THE ROCKY MOUNT/EDGECOMBE 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 (2018)

Revenue Breakdown

Contributions & Grants $367,706

Program Service Revenue $292,611

Investment Income $-28,496

Other Revenue $14,378

TOTAL REVENUE $646,199

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,214

Fundraising Expenses $0

Program Expenses $706,880

Other Expenses $551,396

TOTAL EXPENSES $849,610

Year-over-Year Comparison

	2018	2017	Change
Revenue	$646,199	$1,008,109	-0.4%
Expenses	$849,610	$1,082,733	-0.2%
Net Income	$-203,411	$-74,624	+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

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

$71,115

Total Directors

$71,115

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOYCE DICKENS	PRESIDENT /	40.00	Officer Director	$71,115	$0	$71,115
SUSAN PERRY-COLE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
LORRAINE WILLIAMS	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB BARNES	DIRECTOR	0.50	Director	$0	$0	$0
HAROLD LYNCH	DIRECTOR	0.50	Director	$0	$0	$0
ETHEL KNIGHT BEST	DIRECTOR	0.50	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
2018	$646,199	$849,610	$4,934,032	$-203,411

ROCKY MOUNTEDGECOMBE COMMUNITY DEVELOPMENT CORPORATION INC