CV APPALACHIAN CDE INC (EIN 814658111) - 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

KEVIN SMITH

Phone

8592310054

Tax Period

2023-01-01 to 2023-12-31

CV APPALACHIAN CDE INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 282% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 76% operating margin.

Mission

TO ASSIST COMMUNITY VENTURES CORPORATION IN ENGAGING ECONOMIC DEVELOPMENT BY REVITALIZING COMMUNITIES THAT ARE CHARACTERIZED AS SEVERELY ECONOMICALLY DISTRISSED.

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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 $1,391,495

Investment Income $327

Other Revenue $0

TOTAL REVENUE $1,391,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $332,338

Other Expenses $332,338

TOTAL EXPENSES $332,338

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,391,822	$364,479	+2.8%
Expenses	$332,338	$136,160	+1.4%
Net Income	$1,059,484	$228,319	+3.6%

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

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

$332,679

Total Directors

$332,679

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN SMITH	PRESIDENT	1.00	Officer Director	$0	$88,062	$332,679
REVEREND FRED MITCHELL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
RAYMOND DANIELS	DIRECTOR	1.00	Director	$0	$0	$0
MARILYNN PAYSON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY JOHNSON	DIRECTOR	1.00	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	$1,391,822	$332,338	$4,156,149	$1,059,484
2022	$364,479	$136,160	$3,038,636	$228,319
2021	$516,938	$133,686	$2,816,239	$383,252
2020	$2,663,300	$107,515	$2,431,705	$2,555,785

CV APPALACHIAN CDE INC