SOUTHEASTERN DEVELOPMENT OPPORTUNIT (EIN 640828837) - 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

1993

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

SOUTHEASTERN DEVELOPMENT OPPORTUNIT, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $129K in total revenue in fiscal year 2023. Expenses of $171K exceeded revenue, resulting in a 32% operating deficit.

Mission

PROVIDING LOW INCOME HOUSING TO INDIVIDUALS AND FAMILIES IN THE MS DELTA REGION

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $89,355

Investment Income $17,013

Other Revenue $22,845

TOTAL REVENUE $129,213

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,737

Fundraising Expenses $0

Other Expenses $74,846

TOTAL EXPENSES $170,583

Year-over-Year Comparison

	2023	2022	Change
Revenue	$129,213	$-780,089	-1.2%
Expenses	$170,583	$146,238	+0.2%
Net Income	$-41,370	$-926,327	-1.0%

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

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

$65,632

Total Directors

$65,632

Key Employees

$61,072

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LINDA BALDUCCI	EXEC DIR	Officer Director Key Emp Highest	$61,072	$0	$61,072
PATRICK COLLINS	SECRETARY TREASURER	Officer Director	$4,560	$0	$4,560
JOHN SCHMIDT III	DIRECTOR	Director	$0	$0	$0
MARIE SHORTER	DIRECTOR	Director	$0	$0	$0
LULA ATKINS	VICE PRESIDENT	Officer Director	$0	$0	$0
ALICE STAPLETON	PRESIDENT	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	$129,213	$170,583	$750,116	$-41,370
2023	$-780,089	$146,238	$805,979	$-926,327
2022	$61,663	$155,545	$2,103,351	$-93,882
2021	$80,907	$177,260	$2,157,466	$-96,353
2020	$146,934	$170,279	$2,235,307	$-23,345
2019	$185,980	$229,450	$2,520,000	$-43,470
2018	$148,224	$235,460	$2,533,223	$-87,236

SOUTHEASTERN DEVELOPMENT OPPORTUNIT