SOUTHERN STAR DEVELOPMENT CORPORATION (EIN 611281449) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

BARRY C JOHNSON

Phone

5027758198

Tax Period

2024-07-01 to 2025-06-30

SOUTHERN STAR DEVELOPMENT CORPORATION, founded in 1995, is a micro nonprofit in the Human Services sector that reported $33K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $48K exceeded revenue, resulting in a 45% operating deficit.

Mission

PROVIDES AFTER SCHOOL TUTORING AND PRESCHOOL INSTRUCTION FOR ECONOMICALLY DISADVANTAGED YOUTH AS WELL AS PROVIDING COMMUNITY SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $33,299

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $33,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,408

Other Expenses $48,408

TOTAL EXPENSES $48,408

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,299	$37,828	-0.1%
Expenses	$48,408	$43,769	+0.1%
Net Income	$-15,109	$-5,941	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
NELSON TAYLOR SR	DIRECTOR	20	Director	$0	$0	$0
JAMES BINFORD	DIRECTOR	5	Director	$0	$0	$0
JUDY NICHOLS	DIRECTOR	5	Director	$0	$0	$0
TINA ANDERSON	SECRETARY	10	Officer	$0	$0	$0
BARRY C JOHNSON	PRESIDENT/CEO	20	Officer	$0	$0	$0
TINA ALLEN	TREASURER	10	Officer	$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
2025	$33,299	$48,408	$275,242	$-15,109
2024	$37,828	$43,769	$290,351	$-5,941
2023	$103,548	$57,654	$305,485	$45,894
2022	$80,409	$37,889	$320,787	$42,520
2021	$79,493	$40,091	$336,019	$39,402
2020	$80,050	$42,441	$351,321	$37,609
2019	$80,252	$46,377	$366,623	$33,875
2018	$81,511	$50,004	$381,925	$31,507

SOUTHERN STAR DEVELOPMENT CORPORATION