NEW BETHEL COMMUNITY DEVELOPMENT CORPORATION (EIN 770654511) - 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

2009

Legal Domicile

Principal Officer

KENNETH E HOLLINS

Phone

2284328012

Tax Period

2023-01-01 to 2023-12-31

NEW BETHEL COMMUNITY DEVELOPMENT CORPORATION, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 9258% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 91% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO IMPROVE THE QUALITY OF LIFE FOR OURSELVES, OUR FAMILIES, AND OUR NEIGHBORS BY WORKING TOGETHER ON PROJECTS AND ISSUES THAT WILL MAINTAIN AND/OR CREATE AFFORDABLE HOUSING, FULFILL TRANSPORTATION NEEDS, PROVIDE RAPID RESPONSE DISASTER RELIEF AND SUPPORT ECONOMIC OPPORTUNITIES FOR BUSINESSES AND RESIDENTS OF THE COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,318,712

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,318,712

Expense Breakdown

Grants Paid $108,550

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,627

Other Expenses $12,553

TOTAL EXPENSES $121,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,318,712	$14,092	+92.6%
Expenses	$121,103	$8,865	+12.7%
Net Income	$1,197,609	$5,227	+228.1%

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

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
ERWIN JONES	TREASURER	2.00	Officer Director	$0	$0	$0
GLENDA WILLIAMS	FINANCIAL SECRETARY	4.00	Officer Director	$0	$0	$0
ARTHUR BURNEY	BOARD MEMBER	2.00	Director	$0	$0	$0
GLORIA DILWORTH	SECRETARY	2.00	Officer Director	$0	$0	$0
ANTHONY BOWIE	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFF MOORE	BOARD MEMBER	2.00	Director	$0	$0	$0
KENNETH E HOLLINS	CHIEF EXECUTIVE OFFICER	16.00	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	$1,318,712	$121,103	$1,202,931	$1,197,609
2021	$161,081	$188,318	$21,678	$-27,237

NEW BETHEL COMMUNITY DEVELOPMENT CORPORATION