WEST ATLANTIC REDEVELOPMENT COALITION INC (EIN 650863751) - 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

1996

Legal Domicile

Principal Officer

Charles Ridley

Phone

5613769459

Tax Period

2025-01-01 to 2025-12-31

WEST ATLANTIC REDEVELOPMENT COALITION INC, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $490K in total revenue in fiscal year 2025. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 35% operating margin.

Mission

The mission of The Coalition is to advance redevelopment to improve the economic, social, spiritual, and cultural future of The Set- a 1,000-acre, historically Black community on the West end of downtown Delray Beach. The Coalition's work preserves, protects, regenerates, and builds BELOVED COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $477,478

Program Service Revenue $1,182

Investment Income $11,022

Other Revenue $0

TOTAL REVENUE $489,682

Expense Breakdown

Grants Paid $28,460

Salaries & Benefits $34,245

Fundraising Expenses $29,371

Program Expenses $252,865

Other Expenses $255,949

TOTAL EXPENSES $318,654

Year-over-Year Comparison

	2025	2024	Change
Revenue	$489,682	$260,579	+0.9%
Expenses	$318,654	$228,316	+0.4%
Net Income	$171,028	$32,263	+4.3%

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

$18,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Ridley	Board Chairman	2	Officer	$0	$18,800	$18,800
Sandra Weatherspoon	Board Member	1	Director	$0	$0	$0
Ann Stacey-Wright	Vice Chairman	1	Officer	$0	$0	$0
Debra Walker	Treasurer	1	Officer	$0	$0	$0
Ernestine Holliday	Secretary	1	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	$489,682	$318,654	$748,296	$171,028
2024	No data	No data	No data	No data
2023	$546,332	$893,731	$384,392	$-347,399
2022	$1,130,746	$439,893	$756,021	$690,853
2021	$204,653	$185,706	$61,505	$18,947

WEST ATLANTIC REDEVELOPMENT COALITION INC