SERVING HANDS COMMUNITY DEVELOPMENT CORPORATION (EIN 824730273) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Phone

3056762151

Tax Period

2024-01-01 to 2024-12-31

SERVING HANDS COMMUNITY DEVELOPMENT CORPORATION, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $2.5M exceeded revenue, resulting in a 62% operating deficit.

Mission

SERVING HANDS COMMUNITY MISSION IS TO CREATE AFFORDABLE AND ATTAINABLE HOUSING FOR THOSE LESS FORTUNATE IN THE UNDER SEVERED COMMUNITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $390,000

Program Service Revenue $1,096,300

Investment Income $54,533

Other Revenue $0

TOTAL REVENUE $1,540,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,488,447

Other Expenses $2,488,447

TOTAL EXPENSES $2,488,447

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,540,833	N/A	N/A
Expenses	$2,488,447	N/A	N/A
Net Income	$-947,614	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
AARON JORDAN	CHAIRMAN	0.00	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
2024	$1,540,833	$2,488,447	$19,286,876	$-947,614
2023	$936,758	$1,875,038	$15,260,745	$-938,280
2022	$2,440,455	$1,595,361	$13,226,077	$845,094
2021	$984,088	$1,577,927	$14,647,336	$-593,839
2020	$994,799	$901,812	$8,755,232	$92,987
2019	$961,422	$838,361	$8,384,736	$123,061
2018	$846,348	$159,863	$2,320,902	$686,485

SERVING HANDS COMMUNITY DEVELOPMENT CORPORATION