THE 405 CENTER INCORPORATED (EIN 813386349) - 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

GLENN COFFEE

Phone

4056061616

Tax Period

2019-01-01 to 2019-12-31

THE 405 CENTER INCORPORATED, founded in 2016, is a small nonprofit that reported $209K in total revenue in fiscal year 2019. Revenue surged 232% from the prior year, signaling strong growth momentum. Expenses of $237K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE 405 CENTER CONNECTS THOSE WHO CAN GIVE HELP WITH THOSE WHO NEED HELP IN OUR CITY, PRIMARILY THE VULNERABLE, MARGINALIZED, AND THE HOMELESS. THE 405 CENTER ENGAGES WITH PEOPLE WHO ARE MARGINALIZED BY WORKING WITH LOCAL NONPROFIT GROUPS TO PROVIDE BOTH RELIEF AND DEVELOPMENT FOR VOLUNTEERS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $208,879

Program Service Revenue $0

Investment Income $0

Other Revenue $200

TOTAL REVENUE $209,079

Expense Breakdown

Grants Paid $10,730

Salaries & Benefits $56,198

Fundraising Expenses $0

Program Expenses $185,501

Other Expenses $169,909

TOTAL EXPENSES $236,837

Year-over-Year Comparison

	2019	2018	Change
Revenue	$209,079	$63,020	+2.3%
Expenses	$236,837	$70,791	+2.3%
Net Income	$-27,758	$-7,771	+2.6%

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

2100

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

$14,449

Total Directors

$6,949

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN COFFEE	SECRETARY	0.50	Officer Director	$0	$0	$0
MATT HANGEN	DIRECTOR	0.50	Director	$0	$0	$0
GRANT HUMPHREYS	DIRECTOR	0.50	Director	$0	$0	$0
JUSTIN COFFEE	PRESIDENT & EXEC DIRECTOR	40.00	Officer Director	$6,949	$0	$6,949
JOSH KOURI	VICE PRESIDENT	0.50	Officer	$0	$0	$0
SEAN EVANS	TREASURER	0.50	Officer	$0	$0	$0
COURTNEY COFFEE	PARTNERSHIPS DIRECTOR	10.00	Officer	$7,500	$0	$7,500

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
2019	$209,079	$236,837	$23,060	$-27,758

THE 405 CENTER INCORPORATED