AD MELIORA COMMUNITY DEVELOPMENT INC

EIN: 832519471 501(c)(3)

ST PETERSBURG, FL

Total Revenue
$167,570
Total Expenses
$16,510
Total Assets
$2,785,493
Net Assets
$119,509
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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
FL
Principal Officer
DR MAURICE R HARVEY
Phone
8133673049
Tax Period
2022-07-01 to 2023-06-30

AD MELIORA COMMUNITY DEVELOPMENT INC, founded in 2018, is a small nonprofit that reported $168K in total revenue in fiscal year 2022. The organization ran a surplus of $151K, a strong 90% operating margin.

Mission

TO CREATE, PRESERVE, EXPAND, REHABILITATE, AND OTHERWISE ENHANCE THE AMOUNT OF DECENT HOUSING THAT IS AFFORDABLE TO VERY-LOW, LOW TO MODERATE INCOME, ELDERLY, DISABLED, AND HANDICAPPED PERSONS IN THE STATE OF FLORIDA.

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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 $154,374
Program Service Revenue $0
Investment Income $13,196
Other Revenue $0
TOTAL REVENUE $167,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,918
Fundraising Expenses $0
Program Expenses $16,510
Other Expenses $3,592
TOTAL EXPENSES $16,510

Year-over-Year Comparison

2022 2021 Change
Revenue $167,570 N/A N/A
Expenses $16,510 $19,583 -0.2%
Net Income $151,060 $-19,583 -8.7%
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
1
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MAURICE R HARVEY PRESIDENT 2.00
Officer Director
$0 $0 $0
MELODY EVANS TREASURER 2.00
Officer Director
$0 $0 $0
PATRICK N SHERIDAN DIRECTOR 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $167,570 $16,510 $2,785,493 $151,060
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