RESILIENCE DEVELOPMENT CORPORATION (EIN 813466709) - 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

CORNELIUS SANDERS

Phone

9014857882

Tax Period

2023-01-01 to 2023-12-31

Mission

TO SERVE AS A COMMUNITY DEVELOPMENT INITIATIVE THAT WILL OFFER HOUSING, EDUCATION, AND WORKFORCE DEVELOPMENT/CAREER TRAINING. ALL TRAINING AND SERVICES WILL BE CHARACTER AND INTEGRITY BASED. RESILIENCE WILL OFFER THESE SERVICES WITHIN THE STATE OF MISSISSIPPI, FOR TARGETING THE DELTA REGION COUNTIES.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,244

Fundraising Expenses $0

Program Expenses $70,955

Other Expenses $29,972

TOTAL EXPENSES $128,216

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$409,098	-1.0%
Expenses	$128,216	$503,249	-0.7%
Net Income	N/A	$-94,151	N/A

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

N/A

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

$153,597

Total Directors

$153,597

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORNELIUS SANDERS	EXECUTIVE DIRECTOR	30.00	Officer Director	$0	$3,579	$128,247
JANICE BENNETT	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
RODNEY SANDERS	TREASURER	0.00	Officer Director	$0	$0	$0
JUSTIN STARLING	DIRECTOR	0.00	Director	$0	$0	$0
DEMETRA KEYS	DIRECTOR	0.00	Director	$0	$0	$0
ROBERT MALONE	DIRECTOR	0.00	Director	$0	$0	$0
MELVIN WILLIAMS	DIRECTOR	0.00	Director	$0	$0	$0
CHEMISE BUIRSE	PRESIDENT	0.00	Officer Director	$0	$0	$0
REVA MARSHALL	SECRETARY	20.00	Officer Director	$0	$333	$25,350

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	No data	$128,216	$22,445	No data
2022	$409,098	$503,249	$304,270	$-94,151
2021	$75,533	$101,173	$53,185	$-25,640

RESILIENCE DEVELOPMENT CORPORATION