PROGRESSIVE ALLIANCE COMMUNITY DEVELOPMENT CORPORATION (EIN 831990313) - 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

Principal Officer

DAVID M NELSON

Phone

3309032215

Tax Period

2022-01-01 to 2022-12-31

PROGRESSIVE ALLIANCE COMMUNITY DEVELOPMENT CORPORATION, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $274K in total revenue in fiscal year 2022. Revenue surged 139% from the prior year, signaling strong growth momentum. Expenses of $263K left a modest 4% surplus.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $273,916

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $273,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,094

Fundraising Expenses $0

Program Expenses $76,365

Other Expenses $150,253

TOTAL EXPENSES $263,347

Year-over-Year Comparison

	2022	2021	Change
Revenue	$273,916	$114,705	+1.4%
Expenses	$263,347	$177,522	+0.5%
Net Income	$10,569	$-62,817	-1.2%

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

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

$23,026

Total Directors

$23,026

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID M NELSON	EXECUTIVE DIRECTOR, BOARD MEMBER	30.00	Officer Director	$23,026	$0	$23,026
SAMUEL DESHAZIOR	INTERIM BOARD PRESIDENT/SECRETARY	2.00	Officer Director	$0	$0	$0
MARTIN BELSKY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
EMMETT LEE	TREASURER	2.00	Officer Director	$0	$0	$0
EMMANUEL GLOVER	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREAS ELLIS	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS FULLER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES REDDICK	BOARD MEMBER	2.00	Director	$0	$0	$0
JASON DOTSON	BOARD MEMBER	2.00	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
2022	$273,916	$263,347	$19,991	$10,569

PROGRESSIVE ALLIANCE COMMUNITY DEVELOPMENT CORPORATION