TRANSFORMATIVE DEVELOPMENT CORPORAT (EIN 812525475) - 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

2016

Legal Domicile

Principal Officer

DR WALTER RAYFORD

Tax Period

2023-01-01 to 2023-12-31

TRANSFORMATIVE DEVELOPMENT CORPORAT, founded in 2016, is a small nonprofit in the Human Services sector that reported $275K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $340K exceeded revenue, resulting in a 24% operating deficit.

Mission

OFFER A ADULT DAY CARE FACILITY THAT PROVIDES MEALS AND QUALITY FOCUSED, COST EFFECTIVE, AND COMPREHENSIVE HEALTH CARE SERVICES FOR PARTICIPANTS RECOVERING FROM ACUTE ILLNESS, INJURY, OR CHRONIC ILLNESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $80,270

Program Service Revenue $192,398

Investment Income $0

Other Revenue $1,840

TOTAL REVENUE $274,508

Expense Breakdown

Grants Paid $21,415

Salaries & Benefits $152,774

Fundraising Expenses $1,347

Program Expenses $249,032

Other Expenses $165,437

TOTAL EXPENSES $339,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$274,508	$369,113	-0.3%
Expenses	$339,626	$312,877	+0.1%
Net Income	$-65,118	$56,236	-2.2%

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

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

$60,952

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAUDETTE MARION	EXECUTIVE DIRECTOR	20.00	Officer	$34,952	$0	$34,952
KIMETRIA PARKS	FINANCE DIRECTOR	20.00	Officer	$26,000	$0	$26,000
DR WALTER RAYFORD	CHIEF EXECUTIVE OFFICER	0.50	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	$274,508	$339,626	$301,253	$-65,118
2022	$369,113	$312,877	$357,945	$56,236
2021	$336,168	$278,197	$320,443	$57,971
2020	$321,557	$296,533	$295,494	$25,024

TRANSFORMATIVE DEVELOPMENT CORPORAT