NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION (EIN 621873654) - 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

2001

Legal Domicile

Principal Officer

TERESA SKIPPER

Tax Period

2023-01-01 to 2023-12-31

NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 69% operating margin.

Mission

NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION ADVOCATES FOR LOW-TO-MODERATE INCOME COMMUNITY BY WORKING WITH LEGISLATORS, OTHER NON-PROFITS, AND PRIVATE DEVELOPERS TO CREATE MORE AFFORDABLE HOMES IN NASHVILLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $90,732

Program Service Revenue $2,244,802

Investment Income $12,132

Other Revenue $44,015

TOTAL REVENUE $2,391,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,293

Fundraising Expenses $0

Program Expenses $516,561

Other Expenses $419,960

TOTAL EXPENSES $748,253

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,391,681	$1,102,707	+1.2%
Expenses	$748,253	$546,487	+0.4%
Net Income	$1,643,428	$556,220	+2.0%

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

$99,000

Total Directors

$99,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERESA SKIPPER	EXECUTIVE DIRECTOR	50.00	Officer Director	$99,000	$0	$99,000
BARRY GREER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BRADSHAW	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON FITZPATRIC	DIRECTOR	1.00	Director	$0	$0	$0
LUIS PARODI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LUMMUS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN JORDAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
JEFF RUPRIGHT	TREASURER	2.00	Officer Director	$0	$0	$0
LENEIVA HEAD	SECRETARY	2.00	Officer Director	$0	$0	$0
PAULA ROBERTS	VICE PRESIDENT	2.00	Officer 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	No data	No data	No data	No data
2023	$2,391,681	$748,253	$8,229,336	$1,643,428
2022	$1,102,707	$546,487	$15,237,547	$556,220
2021	$735,618	$481,063	$14,695,815	$254,555
2020	$1,572,998	$508,647	$4,696,110	$1,064,351
2019	$1,110,513	$747,318	$3,689,009	$363,195
2018	$531,062	$344,715	$2,892,114	$186,347

NEW LEVEL COMMUNITY DEVELOPMENT CORPORATION