T R HOOVER COMMUNITY DEVELOPMENT CORPORATION INC (EIN 752700136) - 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

1999

Legal Domicile

Principal Officer

JACQUELINE MIXON

Phone

2144212420

Tax Period

2023-01-01 to 2023-12-31

T R HOOVER COMMUNITY DEVELOPMENT CORPORATION INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $308K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 30% operating margin.

Mission

To strengthen and empower the social and econmic fabric of our neighborhood through partnerships with its residents, associations and local institutions and other instituions and other public, private and non-profit organizations.

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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 $285,735

Program Service Revenue $0

Investment Income $0

Other Revenue $22,143

TOTAL REVENUE $307,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,448

Fundraising Expenses $0

Program Expenses $214,829

Other Expenses $180,381

TOTAL EXPENSES $214,829

Year-over-Year Comparison

	2023	2022	Change
Revenue	$307,878	$193,026	+0.6%
Expenses	$214,829	$130,779	+0.6%
Net Income	$93,049	$62,247	+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

N/A

Employees

Volunteers

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

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sherri Mixon	5106 Bexar St Dallas Tx 75215	20.00	Director	$15,000	$0	$15,000

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	No data	No data	No data	No data
2023	$307,878	$214,829	$621,248	$93,049
2023	$307,878	$214,829	$621,248	$93,049
2022	$223,026	$130,779	$544,119	$92,247
2022	$193,026	$130,779	$544,119	$62,247
2021	$309,082	$125,918	$480,749	$183,164

T R HOOVER COMMUNITY DEVELOPMENT CORPORATION INC