North & East Lubbock Community Development Corp (EIN 710961103) - 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

2004

Legal Domicile

Principal Officer

Crosby Morton

Phone

8067476570

Tax Period

2020-10-01 to 2021-09-30

North & East Lubbock Community Development Corp, founded in 2004, is a micro nonprofit that reported $77K in total revenue in fiscal year 2020. Expenses of $89K exceeded revenue, resulting in a 16% operating deficit.

Mission

Create, facilitate and promote economic development in north and east Lubbock, Texas.

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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 (2020)

Revenue Breakdown

Contributions & Grants $44,050

Program Service Revenue $0

Investment Income $0

Other Revenue $33,187

TOTAL REVENUE $77,237

Expense Breakdown

Grants Paid $1,120

Salaries & Benefits $43,641

Fundraising Expenses $0

Program Expenses $21,702

Other Expenses $44,502

TOTAL EXPENSES $89,263

Year-over-Year Comparison

	2020	2019	Change
Revenue	$77,237	$80,306	0.0%
Expenses	$89,263	$105,458	-0.2%
Net Income	$-12,026	$-25,152	-0.5%

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

$5,971

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Monique Coleman	Executive Director	040.00	Key Emp Highest	$5,971	$0	$5,971
Cosby Morton	Chair	001.00	Officer Director	$0	$0	$0
David Haynes Jr	Vice Chair	001.00	Officer Director	$0	$0	$0
Valorie Duvall	Treasurer	001.00	Officer Director	$0	$0	$0
Mary Beckham	Secretary	001.00	Officer Director	$0	$0	$0
Subodh Patel	Board Member	001.00	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
2021	$77,237	$89,263	$670,399	$-12,026
2020	$80,306	$105,458	$682,501	$-25,152
2019	$134,131	$172,693	$705,723	$-38,562

North & East Lubbock Community Development Corp