VOA DEVELOPMENT 2 INC (EIN 721486697) - 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

2000

Legal Domicile

Principal Officer

VORIS N VIGEE

Phone

5044822130

Tax Period

2024-07-01 to 2025-06-30

VOA DEVELOPMENT 2 INC, founded in 2000, is a small nonprofit that reported $185K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $59K, a strong 32% operating margin.

Mission

OUR MISSION IS TO IMPROVE ACCESS TO QUALITY HEALTHCARE BY DEVELOPING A (CONTINUED ON SCHEDULE O) HEALTH CLINIC THAT SERVES AND STRENGTHENS THE WELL-BEING OF UNDERSERVED COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $185,630

Program Service Revenue $0

Investment Income $-433

Other Revenue $0

TOTAL REVENUE $185,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $126,593

Other Expenses $126,593

TOTAL EXPENSES $126,593

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,197	$218,222	-0.2%
Expenses	$126,593	$2,312	+53.8%
Net Income	$58,604	$215,910	-0.7%

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

N/A

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

$620,321

Total Directors

$410,567

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VORIS N VIGEE	PRESIDENT AND CEO	1.00	Officer Director	$0	$125,492	$410,567
ROBERT RHODEN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
GARY ZAPATA	CFO	1.00	Officer	$0	$46,540	$209,754

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	$185,197	$126,593	$8,320,495	$58,604
2024	$218,222	$2,312	$1,878,156	$215,910
2023	$2,897,515	$295,689	$1,621,901	$2,601,826
2022	$344,902	$684,589	$1,251,997	$-339,687
2021	$378,528	$670,752	$1,381,089	$-292,224
2020	$341,003	$571,493	$1,464,390	$-230,490

VOA DEVELOPMENT 2 INC