THE PARK COMMUNITY DEVELOPMENT CORPORATION (EIN 812704358) - 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

CHANDA HURMS

Phone

5139756419

Tax Period

2023-01-01 to 2023-12-31

THE PARK COMMUNITY DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $214K in total revenue in fiscal year 2023. Revenue surged 240% from the prior year, signaling strong growth momentum.

Mission

TO CREATE SUSTAINABLE CHANGE WITHIN MARGINALIZED COMMUNITIES BY OFFERING SOLUTIONS TO AFFORDABLE HOUSING, HEATHY LIVING, AND ECONOMIC MOBILITY.

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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 $210,337

Program Service Revenue $0

Investment Income $0

Other Revenue $3,302

TOTAL REVENUE $213,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $186,197

Fundraising Expenses $0

Program Expenses $215,969

Other Expenses $32,117

TOTAL EXPENSES $218,314

Year-over-Year Comparison

	2023	2022	Change
Revenue	$213,639	$62,869	+2.4%
Expenses	$218,314	$87,187	+1.5%
Net Income	$-4,675	$-24,318	-0.8%

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

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

$111,400

Total Directors

$111,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDA LESTER	CHAIR	5.00	Officer Director	$0	$0	$0
JAMES JACKSON	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	Director	$0	$0	$0
MICHAEL CRISP	BOARD MEMBER	1.00	Director	$0	$0	$0
HARRY MACK	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENDA GABRIEL	SECRETARY TH	2.00	Officer Director	$0	$0	$0
CHANDA HURMS	EXECUTIVE DI	40.00	Officer Director	$100,000	$11,400	$111,400

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
2023	$213,639	$218,314	$43,171	$-4,675

THE PARK COMMUNITY DEVELOPMENT CORPORATION