RICHARD ALLEN COMMUNITY DEVELOPMENT CORP (EIN 742986658) - 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

2001

Legal Domicile

Principal Officer

RODRECUS M JOHNSON JR

Phone

2546905030

Tax Period

2023-01-01 to 2023-12-31

RICHARD ALLEN COMMUNITY DEVELOPMENT CORP, founded in 2001, is a micro nonprofit in the Community Improvement sector that reported $15K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3K, a strong 18% operating margin.

Mission

1. TO PROVIDE CHILD CARE, EDUCATION, TRAINING AND OTHER ANCILLARY SERVICES TO PERSONS OF VERY LOW, LOW, AND MODERATE INCOME TO ASSIST THEM TO OBTAIN SELF-SUFFICIENCY FOR THEMSELVES AND THEIR FAMILIES.2. TO DEVELOP, PROVIDE AND OPERATE HOMES FOR ELDERLY, AND AFFORDABLE HOUSING FOR VERY LOW, LOW, AND MODERATE INCOME PERSONS.3. TO MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 $3,750

Program Service Revenue $0

Investment Income $0

Other Revenue $11,280

TOTAL REVENUE $15,030

Expense Breakdown

Grants Paid $12,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,300

Other Expenses $0

TOTAL EXPENSES $12,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,030	$39,781	-0.6%
Expenses	$12,300	$8,000	+0.5%
Net Income	$2,730	$31,781	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RODRECUS M JOHNSON JR	CHAIRMAN/DIRECTOR	Director	$0	$0	$0
FLORISTINE GRAY	VICE CHAIR/DIRECTOR	Director	$0	$0	$0
CASSANDRA SMITH	SECRETARY/DIRECTOR	Director	$0	$0	$0
DAN CORBIN	MEMBER	Director	$0	$0	$0
DIKILA JONES	MEMBER	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
2023	$15,030	$12,300	$282,930	$2,730
2022	$39,781	$8,000	$317,198	$31,781
2021	$38,247	$5,890	$310,746	$32,357
2020	$24,310	$5,000	$305,881	$19,310
2019	$10,272	$3,000	$306,316	$7,272
2018	$14,081	No data	$275,233	No data

RICHARD ALLEN COMMUNITY DEVELOPMENT CORP