URBAN RESIDENTIAL DEVELOPMENT CORPORATION (EIN 581766166) - 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

1987

Legal Domicile

Principal Officer

DUSTIN REED

Phone

4045226010

Tax Period

2020-01-01 to 2020-12-31

URBAN RESIDENTIAL DEVELOPMENT CORPORATION, founded in 1987, is a small nonprofit that reported $603K in total revenue in fiscal year 2020. Revenue decreased 17% compared to the prior year. Expenses of $755K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING AND RENTAL ASSITANCE TO LOWINCOME RECIPIENTS

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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 $5,000

Program Service Revenue $541,217

Investment Income $1

Other Revenue $56,356

TOTAL REVENUE $602,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $153,284

Fundraising Expenses $0

Program Expenses $601,648

Other Expenses $601,648

TOTAL EXPENSES $754,932

Year-over-Year Comparison

	2020	2019	Change
Revenue	$602,574	$729,112	-0.2%
Expenses	$754,932	$853,473	-0.1%
Net Income	$-152,358	$-124,361	+0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TENNIELLE BAILEY ESQ	BOARD MEMBER	2.000	Director	$0	$0	$0
DOUGLAS DEAN	TREASURER	2.000	Officer Director	$0	$0	$0
FRANCINE ALLEN	VICECHAIRPERSON	2.000	Director	$0	$0	$0
MELANIE FISHER	BOARD MEMBER	2.000	Director	$0	$0	$0
JIMMY HARDY ESQ	BOARD MEMBER	2.000	Director	$0	$0	$0
NOEL L KENDRICK	BOARD MEMBER	2.000	Director	$0	$0	$0
MICHAEL BROWN	BOARD MEMBER	2.000	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	$602,574	$754,932	$3,212,814	$-152,358
2019	$729,112	$853,473	$3,172,855	$-124,361
2018	$1,015,771	$1,203,617	$3,038,368	$-187,846

URBAN RESIDENTIAL DEVELOPMENT CORPORATION