CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE PARK COMMUNITY DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $389K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 16% operating margin.
TO CREATE SUSTAINABLE CHANGE WITHIN MARGINALIZED COMMUNITIES BY OFFERING SOLUTIONS TO AFFORDABLE HOUSING, HEATHY LIVING, AND ECONOMIC MOBILITY.
SUNSET FARM SUNSET FARM IS OUR URBAN FARM LOCATED AT 3432 SUNSET ROAD CHARLOTTE, NC 28216. HERE WE PROVIDE NUTRITIONALLY DENSE FOOD FOR INDIVIDUALS & FAMILIES IN NEED, DISTRIBUTED PRIMARILY THROUGH...
SUNSET FARM SUNSET FARM IS OUR URBAN FARM LOCATED AT 3432 SUNSET ROAD CHARLOTTE, NC 28216. HERE WE PROVIDE NUTRITIONALLY DENSE FOOD FOR INDIVIDUALS & FAMILIES IN NEED, DISTRIBUTED PRIMARILY THROUGH OUR COMMUNITY PARTNERS AND OUR FARMER'S MARKET. THIS SPACE ALSO FUNCTIONS AS A HUB FOR INTERGENERATIONAL GARDENING TO CREATE MENTORING OPPORTUNITIES, GARDENING LESSONS, AND LIFE SKILLS THROUGH THE ENGAGEMENT BETWEEN COMMUNITY ELDERS AND YOUNGER GENERATIONS, AND FOR STEM-BASED EDUCATIONAL PROGRAMS FOR ALL AGES FOCUSED ON OUTDOOR, ENVIRONMENTALLY SAFE ACTIVITIES. THE PARK CDCS HEALTHY LIVING PROGRAMS ADVANCE EQUITY AND ADDRESS HEALTH DISPARITIES FACED BY INDIVIDUALS IN UNDERSERVED COMMUNITIES BY PROVIDING NUTRITION AND WELLNESS EDUCATION, PREVENTIVE CARE SERVICES, RESOURCES, AND TOOLS TAILORED TO THE NEEDS OF EACH PARTICIPANT. WE RECOGNIZE THAT ACCESS TO HEALTHY LIFESTYLE CHOICES SHOULD NOT BE LIMITED TO CERTAIN POPULATIONS, BUT SHOULD BE AVAILABLE TO ALL, REGARDLESS OF SOCIO- ECONOMIC STATUS OR BACKGROUND. BY OFFERING EDUCATIONAL WORKSHOPS FOCUSED ON DIET, PHYSICAL ACTIVITY, AND MENTAL WELL-BEING, OUR GOAL IS TO EMPOWER RESIDENTS OF ALL BACKGROUNDS TO LEAD HEALTHIER LIVES. ADDITIONALLY, THROUGH OUR URBAN FARM SUNSET FARM, WE PROVIDE HORTICULTURE EDUCATION TO SCHOOL AGE YOUTH, ADULTS, AND SENIORS ALONG WITH DISTRIBUTING FRESH, LOCALLY-GROWN, PESTICIDE-FREE PRODUCE TO RESIDENTS AND COMMUNITY PARTNERS. EDUCATIONAL, INTERACTIVE WORKSHOPS DESIGNED TO TEACH PARTICIPANTS TO IMPROVE THEIR HEALTH OUTCOMES BY PRACTICING POSITIVE DIETARY HABITS, COOKING NUTRITIOUS MEALS, AND OPTIMIZING THEIR GROCERY SHOPPING BUDGET WHILE CHOOSING HEALTHY FOOD SELECTIONS. ECONOMIC MOBILITY HOUSEHOLDS ARE CONSIDERED ASSET POOR WHEN THEY CANNOT ACCESS THE RESOURCES NEEDED TO SUSTAIN ITS BASIC NEEDS FOR AT LEAST THREE MONTHS, AND AT ITS VERY CORE, IT IS THE ECONOMIC AND SOCIAL CONDITIONS THAT ARE MORE PREVALENT AND PERSISTENT THAN INCOME POVERTY. LEARNING OPPORTUNITIES, LOCAL RESOURCES, AND STRATEGIES FOR ASSET BUILDING TO HELP INDIVIDUALS BREAK FREE FROM THE CYCLE OF POVERTY AND ACHIEVE UPWARD MOBILITY BY IDENTIFYING, MONETIZING, AND LEVERAGING THE ASSETS MOST PROXIMATE TO THEM. THE GOAL IS TO CREATE A GENERATIONAL CULTURE OF FINANCIAL LITERACY THEREBY MINIMIZING ASSET POVERTY AND FOSTERING LONG-TERM FINANCIAL STABILITY FOR INDIVIDUALS AND FAMILIES. BY PRIORITIZING ECONOMIC EMPOWERMENT FOR MARGINALIZED COMMUNITIES, WE AIM TO LEVEL THE PLAYING FIELD AND PROMOTE EQUAL ACCESS TO ECONOMIC OPPORTUNITIES. AFFORDABLE HOUSING BRIDGING THE GAP BY PROMOTING HOUSING EQUITY AND ENSURING A STABLE, SAFE, AND DIGNIFIED PLACE FOR RESIDENTS. THE PARK CDC'S COMMITMENT TO ADDRESSING THE HOUSING CRISIS FOSTERS INCLUSIVENESS WHERE EVERYONE CAN THRIVE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $389,147 | $213,639 | +0.8% |
| Expenses | $325,049 | $218,314 | +0.5% |
| Net Income | $64,098 | $-4,675 | -14.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| FREDA LESTER | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES JACKSON | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD C CARTER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNETTA WATKINS-FOARD | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL CRISP | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HARRY MACK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MONICA WOOD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAPHAEL THOMAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NINA WYNN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHANDA HURMS | EXECUTIVE DI | 40.00 |
Officer
Director
|
$96,933 | $11,400 | $108,333 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $389,147 | $325,049 | $557,357 | $64,098 |
| 2023 | $213,639 | $218,314 | $43,171 | $-4,675 |
Compare THE PARK COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in North Carolina and across the country.