GALILEE COMMUNITY DEVELOPMENT CORP (EIN 752865891) - 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

Phone

3256556700

Tax Period

2023-01-01 to 2023-12-31

GALILEE COMMUNITY DEVELOPMENT CORP, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $3.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $2.6M left a modest 15% surplus.

Mission

TO PROVIDE AND RESTORE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME RESIDENTS THROUGHOUT THE CONCHO VALLEY

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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 $1,568,890

Program Service Revenue $1,506,398

Investment Income $4,208

Other Revenue $0

TOTAL REVENUE $3,079,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $436,976

Fundraising Expenses $11,541

Program Expenses $2,533,866

Other Expenses $2,194,984

TOTAL EXPENSES $2,631,960

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,079,496	$2,849,926	+0.1%
Expenses	$2,631,960	$2,888,619	-0.1%
Net Income	$447,536	$-38,693	-12.6%

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

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

$78,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE HAMBY	Executive Dir.	45.00	Officer	$78,600	$0	$78,600
ERIN HUNTER	Director	1.00	Director	$0	$0	$0
GLORIA POPE	Director	1.00	Director	$0	$0	$0
IRENE GUZMAN	Director	1.00	Director	$0	$0	$0
ADRIANA CADENA	Director	1.00	Director	$0	$0	$0
EDGAR HARRIS	President	1.00	Officer	$0	$0	$0
SAMANTHA J ARMSTRONG	Vice President	1.00	Officer	$0	$0	$0
FARRAH LOKEY	Secretary	1.00	Officer	$0	$0	$0
RUDY MUNOZ JR	Treasurer	1.00	Officer	$0	$0	$0
JANET VELASQUEZ	Secretary	1.00	Officer	$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	No data	No data	No data	No data
2023	$3,079,496	$2,631,960	$2,721,218	$447,536
2022	$2,849,926	$2,888,619	$2,103,448	$-38,693
2021	$3,437,273	$2,958,036	$2,171,206	$479,237
2020	$1,988,085	$1,918,811	$1,616,637	$69,274
2019	$1,219,405	$1,202,987	$1,461,532	$16,418
2018	$1,498,424	$1,262,412	$1,458,999	$236,012

GALILEE COMMUNITY DEVELOPMENT CORP