Future Leaders Community Developmen (EIN 593740958) - 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

2008

Legal Domicile

Phone

4072986324

Tax Period

2024-01-01 to 2024-12-31

Future Leaders Community Developmen, founded in 2008, is a small nonprofit in the Education sector that reported $120K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $213K exceeded revenue, resulting in a 78% operating deficit.

Mission

Provide Childcare Services and Low income Housing

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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 (2024)

Revenue Breakdown

Contributions & Grants $101,798

Program Service Revenue $734

Investment Income $0

Other Revenue $17,021

TOTAL REVENUE $119,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,379

Fundraising Expenses $0

Program Expenses $92,949

Other Expenses $164,544

TOTAL EXPENSES $212,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,553	$71,908	+0.7%
Expenses	$212,923	$80,228	+1.7%
Net Income	$-93,370	$-8,320	+10.2%

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
Billy G Newton	CEOPresident	20.00	Director	$0	$0	$0
Della Paul	Board Chairperson	20.00	Director	$0	$0	$0
Walter Hawkins	Board Memeber	1.00	Director	$0	$0	$0
Sharon Gainer	Board Secretary	1.00	Director	$0	$0	$0
Howard Brooks	Board Treasurer	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
2024	$119,553	$212,923	$133,370	$-93,370
2023	$71,908	$80,228	$477,894	$-8,320
2022	$68,977	$111,710	$485,555	$-42,733
2021	$76,280	$137,998	$527,858	$-61,718
2020	$191,056	$165,482	$429,276	$25,574
2020	$247,987	$265,712	$447,673	$-17,725

Future Leaders Community Developmen