OAKWOOD COMMUNITY DEVELOPMENT CORPORATION

EIN: 822379521 501(c)(3) Community Improvement

HIGH POINT, NC

Total Revenue
$334,983
Total Expenses
$367,055
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
NC
Principal Officer
KEVIN SANDERS
Phone
3368232857
Tax Period
2022-01-01 to 2022-12-31

OAKWOOD COMMUNITY DEVELOPMENT CORPORATION, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $335K in total revenue in fiscal year 2022. Revenue surged 90% from the prior year, signaling strong growth momentum.

Mission

Serve low income, homeless, unemployed, and hungry in Guilford County, North Carolina, specifically in the High Point Community throug a variety of services designed to feed, clothe, and provide information about resources for employment and housing.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $334,983
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $334,983

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,462
Other Expenses $367,055
TOTAL EXPENSES $367,055

Year-over-Year Comparison

2022 2021 Change
Revenue $334,983 $176,321 +0.9%
Expenses $367,055 $146,667 +1.5%
Net Income $-32,072 $29,654 -2.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
7

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN SANDERS PRESIDENT 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
2022 $334,983 $367,055 No data $-32,072
2021 $176,321 $146,667 $35,210 $29,654
2020 $336,509 $329,090 $7,419 $7,419
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