Community of Change Inc (EIN 812315327) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Lateacia Sessoms

Phone

7577382106

Tax Period

2024-01-01 to 2024-12-31

Community of Change Inc, founded in 2016, is a small nonprofit in the Human Services sector that reported $296K in total revenue in fiscal year 2022. Expenses of $275K left a modest 7% surplus.

Mission

Community of Change is a nonprofit organization that was created in 2016 with the intention of enhancing wellness, extending kindness, and facilitating healing within our community. Also provide culturally competent, holistic, and wellness focused services.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $827,657

Program Service Revenue $84,291

Investment Income $0

Other Revenue $0

TOTAL REVENUE $911,948

Expense Breakdown

Grants Paid $14,291

Salaries & Benefits $161,495

Fundraising Expenses $0

Program Expenses $648,011

Other Expenses $508,845

TOTAL EXPENSES $684,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$911,948	$217,841	+3.2%
Expenses	$684,631	$179,116	+2.8%
Net Income	$227,317	$38,725	+4.9%

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

132

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

$62,408

Total Directors

$12,195

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lateacia Sessoms	Exectuive Director	1.00	Officer	$62,408	$0	$62,408
Renee Sandifer	President	0.20	Director	$0	$0	$0
Ikai Peele	Treasurer	0.20	Director	$12,195	$0	$12,195
Nicole Porter	Secretary	0.20	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
2024	$911,948	$684,631	$412,994	$227,317
2023	$217,841	$179,116	$182,922	$38,725
2022	$296,433	$274,874	$143,281	$21,559

Community of Change Inc