EL PASO COLLABORATIVE FOR COMMUNITY & ECONOMIC DEVELOPMENT (EIN 742796160) - 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

TIMOTHY DAVENPORT-HERBST

Phone

9154651191

Tax Period

2023-09-01 to 2024-08-31

EL PASO COLLABORATIVE FOR COMMUNITY & ECONOMIC DEVELOPMENT, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $259K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE EL PASO COLLABORATIVE IS TO FACILITATE AFFORDABLE HOUSING AND SMALL BUSINESS AND ECONOMIC DEVELOPMENT IN EL PASO AND CONTIGUOUS COUNTIES. THE COLLABORATIVE IMPLEMENTS ITS MISSION BY PROVIDING LOAN PRODUCTS AND DEVELOPMENT SERVICES.

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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 $157,261

Program Service Revenue $52,828

Investment Income $14,223

Other Revenue $34,968

TOTAL REVENUE $259,280

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,740

Fundraising Expenses $0

Program Expenses $147,590

Other Expenses $132,508

TOTAL EXPENSES $255,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,280	$400,581	-0.4%
Expenses	$255,248	$669,494	-0.6%
Net Income	$4,032	$-268,913	-1.0%

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

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

$105,568

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE BORUNDANT	SECRETARY	3.00	Officer Director	$0	$0	$0
RON MUNDEN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NEAL LOCKE	CHAIR	3.00	Officer Director	$0	$0	$0
ARMANDO AVILA	SENIOR VICE PRESIENT	1.00	Officer Director	$0	$0	$0
PERLA MICHEL	BOARD MEMBER, TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM SCHLESINGER	EXECUTIVE DIRECTOR (FORMER)	2.00	Officer	$0	$0	$58,011
TIM DAVENPORT-HERBST	CHIEF EXECUTIVE OFFICER	8.00	Officer	$0	$0	$15,607
CAROL SCHLESINGER	EXECUTIVE DIRECTOR (FORMER)	2.00	Officer	$0	$0	$31,950

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	No data	No data	No data	No data
2024	$259,280	$255,248	$1,043,638	$4,032
2023	$400,581	$669,494	$4,686,838	$-268,913
2022	$310,490	$383,709	$4,469,841	$-73,219
2021	$191,827	$318,697	$4,362,539	$-126,870
2020	$203,336	$311,503	$4,473,193	$-108,167
2018	$278,132	$492,692	$2,633,592	$-214,560

EL PASO COLLABORATIVE FOR COMMUNITY & ECONOMIC DEVELOPMENT