SOUTHFAIR COMMUNITY DEVELOPMENT CORP (EIN 752399684) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

ZAINCORIE TAYLOR-SMITH

Phone

2144211363

Tax Period

2024-01-01 to 2024-12-31

SOUTHFAIR COMMUNITY DEVELOPMENT CORP, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $560K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $518K left a modest 7% surplus.

Mission

SOUTHFAIR CDC SEEKS TO ACQUIRE, DEVELOP, REHABILITATE, CONSTRUCT, AND PRESERVE DECENT AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $196,552

Program Service Revenue $363,559

Investment Income $0

Other Revenue $0

TOTAL REVENUE $560,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,153

Fundraising Expenses $0

Program Expenses $501,987

Other Expenses $306,000

TOTAL EXPENSES $518,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$560,111	$479,559	+0.2%
Expenses	$518,153	$517,634	+0.0%
Net Income	$41,958	$-38,075	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$85,168

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNIE EVANS	EXECUTIVE DI	40.00	Director	$85,168	$0	$85,168
AZU AGADA	MEMBER	0.75	Director	$0	$0	$0
ROY ANDY	VICE CHAIRMA	0.75	Director	$0	$0	$0
HOSHI BROOKS	MEMBER	0.75	Director	$0	$0	$0
HARRY ROBINSON JR	BOARD EMERTI	0.75	Director	$0	$0	$0
JAMEY KIRBY	MEMBER	0.75	Director	$0	$0	$0
DERRICK NUTALL	SECRETARY	0.75	Director	$0	$0	$0
RUTH O'QUINN	MEMBER	0.75	Director	$0	$0	$0
LASHARLA RICHARDSON	ADVISORY BOA	0.75	Director	$0	$0	$0
TIM SCOTT	ADVISORY BOA	0.75	Director	$0	$0	$0
LAKISHA STARKS	ADVISORY BOA	0.75	Director	$0	$0	$0
ZAINCORIE TAYLOR-SMITH	TREASURER	0.75	Director	$0	$0	$0
MELISSA VAUGHN	ADVISORY BOA	0.75	Director	$0	$0	$0
MARIAN WILLIAMS	CHAIRWOMAN	1.50	Director	$0	$0	$0
KARL ZAVITKOVSKY	ADVISORY BOA	0.75	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
2024	$560,111	$518,153	$1,697,871	$41,958
2023	$479,559	$517,634	$1,571,726	$-38,075
2022	$461,515	$526,706	$1,434,542	$-65,191
2021	$588,158	$529,870	$1,427,042	$58,288
2020	$424,410	$475,427	$1,760,644	$-51,017
2019	$611,180	$458,699	$1,498,685	$152,481
2018	$478,012	$433,527	$1,966,098	$44,485

SOUTHFAIR COMMUNITY DEVELOPMENT CORP