THE VICKSBURG COMMUNITY ASSOCIATION (EIN 760205382) - 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

1984

Legal Domicile

Principal Officer

JAMES G NORCOM III

Phone

7133297100

Tax Period

2022-01-01 to 2022-12-31

THE VICKSBURG COMMUNITY ASSOCIATION, founded in 1984, is a small nonprofit in the Housing & Shelter sector that reported $516K in total revenue in fiscal year 2022. Expenses of $638K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROVIDE SAFETY AND WELFARE TO THE RESIDENTS OF THE SUB DIVISION AND TO MAINTAIN THE COMMON AREAS FOR THE ENJOYMENT OF ALL OF THE RESIDENTS

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $509,405

Investment Income $6,543

Other Revenue $0

TOTAL REVENUE $515,948

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $514,804

Other Expenses $638,271

TOTAL EXPENSES $638,271

Year-over-Year Comparison

	2022	2021	Change
Revenue	$515,948	$535,291	0.0%
Expenses	$638,271	$448,274	+0.4%
Net Income	$-122,323	$87,017	-2.4%

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

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
JAMES G NORCOM III	PRESIDENT	2.00	Officer Director	$0	$0	$0
LONNIE BURNSIDE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DEBRA STOVALL JAMES	SECRETARY	2.00	Officer Director	$0	$0	$0
EDWARD L THOMPSON	TREASURER	2.00	Officer Director	$0	$0	$0
BRYAN D SANDERS	DIRECTOR	2.00	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
2022	$515,948	$638,271	$1,017,174	$-122,323
2021	$535,291	$448,274	$1,196,546	$87,017
2020	$507,115	$412,077	$1,058,790	$95,038
2019	$527,807	$471,279	$928,454	$56,528
2018	$521,475	$383,702	$856,965	$137,773

THE VICKSBURG COMMUNITY ASSOCIATION