URBAN COMMUNITY DEVELOPERS INC (EIN 823002447) - 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

2017

Legal Domicile

Principal Officer

MARTY BUTLER

Phone

8592925505

Tax Period

2023-01-01 to 2023-12-31

URBAN COMMUNITY DEVELOPERS INC, founded in 2017, is a micro nonprofit in the Community Improvement sector that reported $55K in total revenue in fiscal year 2023. Expenses of $200K exceeded revenue, resulting in a 267% operating deficit.

Mission

THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ELIMINATING BLIGHT AND REVITALIZING NORTHERN KENTUCKY'S URBAN CORE NEIGHBORHOODS IN THE CITIES OF COVINGTON AND NEWPORT, THROUGH ACTIVITIES INCLUDING MAKING AND FACILITATING TARGETED INVESTMENTS IN REAL ESTATE.

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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 $100,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-45,489

TOTAL REVENUE $54,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,254

Fundraising Expenses $0

Program Expenses $177,942

Other Expenses $55,765

TOTAL EXPENSES $200,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,511	N/A	N/A
Expenses	$200,019	$178,430	+0.1%
Net Income	$-145,508	$-178,430	-0.2%

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

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

$144,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNE SCHROER	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM P BUTLER	PRESIDENT	0.50	Officer Director	$0	$0	$0
MARTIN C BUTLER	TREASURER	0.50	Officer Director	$0	$0	$0
LUKE WOERNER	VICE PRESIDENT	40.00	Officer	$144,000	$0	$144,000
LEIGH R BUSE	SECRETARY	0.50	Officer	$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	$54,511	$200,019	$639,467	$-145,508
2022	No data	$178,430	$1,138,351	No data
2021	$500,000	$173,412	$973,474	$326,588
2020	$-39,346	$236,822	$365,862	$-276,168

URBAN COMMUNITY DEVELOPERS INC