Raising the Standards CDC Inc

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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

Principal Officer

George Morey

Phone

7168861362

Tax Period

2022-01-01 to 2022-12-31

Mission

Raising the Standards CDC, Inc. is a non-profit community based organization with the goal of contructing and providing housing on the East Side of the City of Buffalo, New York.

Program Service Accomplishments

Program 1

Contruct and provide housing on the East Side of the City of Buffalo, New York.

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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 (2022)

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 $0

Fundraising Expenses $0

Other Expenses $500

TOTAL EXPENSES $500

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	$22	-1.0%
Expenses	$500	$3,937	-0.9%
Net Income	N/A	$-3,915	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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Hardaway	President	1.00	Officer Director	$0	$0	$0
Elois Liggans	Vice President	1.00	Officer Director	$0	$0	$0
Zandra Simmons	Secretary	1.00	Officer Director	$0	$0	$0
BabaJide Kuyoro	Board Member	1.00	Director	$0	$0	$0
Brenda Graves-Chestnut	Board Member	1.00	Director	$0	$0	$0
Mary Gibbs	Board Member	1.00	Director	$0	$0	$0
George Morey III	Project Manager/ ED	1.00	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
2022	No data	$500	$9,979	No data
2021	$22	$3,937	$10,479	$-3,915
2020	$25,402	$6,492	$283,899	$18,910
2019	$581,566	$609,992	$6,820	$-28,426