GAEDA REVITALIZATION CORPORATION (EIN 813284771) - 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

JANNEASE SEASTRUNK

Phone

3185454513

Tax Period

2023-01-01 to 2023-12-31

GAEDA REVITALIZATION CORPORATION, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $360K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $414K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING TO QUALIFIED LOW INCOME FAMILIES.

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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 $463,338

Program Service Revenue $0

Investment Income $-103,103

Other Revenue $0

TOTAL REVENUE $360,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,778

Fundraising Expenses $0

Program Expenses $414,282

Other Expenses $307,504

TOTAL EXPENSES $414,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,235	$288,891	+0.2%
Expenses	$414,282	$368,559	+0.1%
Net Income	$-54,047	$-79,668	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIE SPEARS	EXECUTIVE DI	N/A	Officer	$0	$0	$0
JANNEASE SEASTRUNK	CHAIRMAN	N/A	Officer Director	$0	$0	$0
JONATHAN BOLEN	VICE CHARIMA	N/A	Officer Director	$0	$0	$0
JAMES WOODLEY	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID BRITT	BOARD MEMBER	N/A	Director	$0	$0	$0
BYRON LAVALAIS	BOARD MEMBER	N/A	Director	$0	$0	$0
DEXTER SAPP	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN THERIOT	BOARD MEMBER	N/A	Director	$0	$0	$0
RONALD SMITH	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2023	$360,235	$414,282	$43,247	$-54,047
2022	$288,891	$368,559	$313,407	$-79,668
2021	$129,153	$163,033	$224,611	$-33,880
2020	$91,621	$158,572	$201,964	$-66,951
2019	$188,067	$176,399	$268,266	$11,668
2018	$185,571	$103,968	$257,373	$81,603

GAEDA REVITALIZATION CORPORATION