HARMONY DEVELOPMENT CENTER INC

🔒

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

2001

Legal Domicile

Principal Officer

CYNTHIA MORENO

Phone

9547664483

Tax Period

2023-10-01 to 2024-09-30

HARMONY DEVELOPMENT CENTER INC, founded in 2001, is a community nonprofit in the Human Services sector that reported $3.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.2M left a modest 4% surplus.

Mission

OUR MISSION IS TO EMPOWER YOUTH AND FAMILIES TO THRIVE AS PRODUCTIVE AND PEACEFUL MEMBERS OF OUR COMMUNITY. THE ORGANIZATION PROVIDES SPECIALIZED DIVERSION SERVICES TO THE YOUTH BETWEEN THE AGES OF ELEVEN AND SEVENTEEN AND THEIR FAMILIES FROM ALL RACIAL AND ETHNIC GROUPS IN THE CITY OF LAUDERHILL AND SOUTHWESTERN BROWARD COUNTY.

Program Service Accomplishments

Program 1

Expenses: $704,724

YOUTH IN ACTION (YIA) PROVIDES YEAR-ROUND AFTER-SCHOOL AND SUMMER PROGRAMMING FOR AT-RISK YOUTH THAT STRENGTHEN PROTECTIVE FACTORS BY HELPING YOUTH DEVELOP RESILIENCY, POSITIVE OUTLOOK, HEALTH...

YOUTH IN ACTION (YIA) PROVIDES YEAR-ROUND AFTER-SCHOOL AND SUMMER PROGRAMMING FOR AT-RISK YOUTH THAT STRENGTHEN PROTECTIVE FACTORS BY HELPING YOUTH DEVELOP RESILIENCY, POSITIVE OUTLOOK, HEALTH, FAMILY DYNAMICS, PRO-SOCIAL RELATIONSHIPS WITH PEERS AND ADULTS, POSITIVE DECISION-MAKING SKILLS, STRONG COMMUNITY ATTACHMENT, AND ACADEMIC AND FUTURE CAREER SUCCESS. THIS PROGRAM ALSO REDUCES RISK FACTORS RELATED TO TEEN PREGNANCY, DELINQUENCY, SUBSTANCE ABUSE, FAMILY DYSFUNCTION, MENTAL AND PHYSICAL HEALTH PROBLEMS, NEGATIVE PEER ASSOCIATIONS, AND SCHOOL FAILURE.

Program 2

Expenses: $549,159

BRIDGE TO NEW OPPORTUNITIES (BNO) PROVIDES BEHAVIORAL HEALTH COUNSELING AND LIFE COACHING SERVICES TO YOUTH WITH MENTAL HEALTH AND/OR SUBSTANCE ABUSE PROBLEMS WHO ARE AT RISK OF INITIAL OR SUBSEQUENT...

Program 3

Expenses: $500,603

CARE: THE PROGRAM PROVIDES THERAPY, COUNSELING, OUTREACH, AND SUPPORT SERVICES FOR THOSE IMPACTED BY TRAUMAS AND TRAGEDIES AS A RESULT OF THE COVID-19 PANDEMIC, OR THE MARJORY STONEMAN DOUGLASS HIGH...

🔒

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 $3,324,124

Program Service Revenue $0

Investment Income $36,622

Other Revenue $0

TOTAL REVENUE $3,360,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,533,189

Fundraising Expenses $0

Program Expenses $2,709,723

Other Expenses $708,303

TOTAL EXPENSES $3,241,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,360,746	$3,030,258	+0.1%
Expenses	$3,241,492	$2,551,977	+0.3%
Net Income	$119,254	$478,281	-0.8%

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

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

$222,463

Total Directors

$54,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYRIAM CAMPO GOLDMAN	CSO/FOUNDER AND TREASURER	40.00	Officer Director	$54,000	$0	$54,000
TIM CURTIN	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ANA MARIA COWO	BOARD VICE-CHAIR	2.00	Officer Director	$0	$0	$0
CHARLES GOLDMAN PA	LEGAL COUNSEL	2.00	Director	$0	$0	$0
MARJORIE ALEXIS	BOARD MEMBER	2.00	Director	$0	$0	$0
DR JOSEFINA LOZANO MD	BOARD MEMBER	2.00	Director	$0	$0	$0
GLENNIS SIMMONDS	BOARD MEMBER	2.00	Director	$0	$0	$0
AUDREY STANG	BOARD MEMBER	2.00	Director	$0	$0	$0
CYNTHIA MONERO	CEO/EXECUTIVE DIRECTOR	40.00	Officer	$108,000	$375	$108,375
ROSA LAURA TORRES	CFO	40.00	Officer	$54,000	$6,088	$60,088

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
2025	No data	No data	No data	No data
2024	$3,360,746	$3,241,492	$1,775,639	$119,254
2023	$3,030,258	$2,551,977	$1,549,702	$478,281
2022	$2,094,797	$1,983,546	$922,167	$111,251
2021	$1,789,230	$1,448,499	$806,984	$340,731
2020	$1,322,941	$1,244,954	$644,214	$77,987
2019	$1,545,826	$1,593,022	$357,274	$-47,196
2018	$1,566,785	$1,528,392	$401,179	$38,393