CORD INC (EIN 752935702) - 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

REV CRAIG LAWLIS

Phone

8063768715

Tax Period

2020-01-01 to 2020-12-31

CORD INC, founded in 2001, is a small nonprofit in the Employment sector that reported $271K in total revenue in fiscal year 2020. Revenue decreased 6% compared to the prior year. Expenses of $320K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROVIDING PARTICIPATION AND OUTREACH PROGRAMS TO THE LESS FORTUNATE, INCLUDING HOMELESS FEEDING MISSION, REENTRY PROGRAMS FOR EX-OFFENDERS, PROVIDE TRANSPORTATION SERVICE TO THOSE IN NEED, AND HOUSING PROJECT FOR WORKERS IN THE FEEDING MISSION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $17,485

Program Service Revenue $238,758

Investment Income $0

Other Revenue $14,405

TOTAL REVENUE $270,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,005

Program Expenses $300,917

Other Expenses $319,861

TOTAL EXPENSES $319,861

Year-over-Year Comparison

	2020	2019	Change
Revenue	$270,648	$288,472	-0.1%
Expenses	$319,861	$332,856	0.0%
Net Income	$-49,213	$-44,384	+0.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE CARLISLE	OFFICER	N/A	Officer Director	$0	$0	$0
REV CASEY DUMAS	OFFICER	N/A	Officer Director	$0	$0	$0
VANESSA DUMAS	SECRETARY	N/A	Officer Director	$0	$0	$0
BOBBY GOODMAN	OFFICER	N/A	Officer Director	$0	$0	$0
IVAN KING	OFFICER	N/A	Officer Director	$0	$0	$0
REV CRAIG LAWLIS	DIRECTOR	N/A	Officer Director	$0	$0	$0
KENNETH REVELL	OFFICER	N/A	Officer 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
2020	$270,648	$319,861	$116,739	$-49,213
2019	$288,472	$332,856	$137,259	$-44,384
2018	$270,779	$260,829	$160,427	$9,950

CORD INC