QCDO SUPPORT CORPORATION (EIN 832594303) - 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

2018

Legal Domicile

Principal Officer

LEONARD ADAMS

Phone

6787055318

Tax Period

2023-01-01 to 2023-12-31

QCDO SUPPORT CORPORATION, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $305K in total revenue in fiscal year 2023.

Mission

TO DEVELOP AFFORDABLE HOUSING AND PROVIDE NEEDS BASED COMMUNITY SERVICES TO ENHANCE THE QUALITY OF LIFE FOR UNDERSERVED INDIVIDUALS AND FAMILIES.

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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 $283,572

Program Service Revenue $0

Investment Income $0

Other Revenue $-588,459

TOTAL REVENUE $-304,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,065

Other Expenses $110,065

TOTAL EXPENSES $110,065

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-304,887	$-147,985	+1.1%
Expenses	$110,065	$133,197	-0.2%
Net Income	$-414,952	$-281,182	+0.5%

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

$281,132

Total Directors

$281,132

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD ADAMS	PRESIDENT	2.00	Officer Director	$0	$6,326	$281,132
AISHA THOMAS	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
LATOYA KYLE	BOARD MEMBER	2.00	Director	$0	$0	$0
CINDY SIMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
HOWARD BECKHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
FAYE FLOYD	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$-304,887	$110,065	$11,063,490	$-414,952
2022	$-147,985	$133,197	$11,394,762	$-281,182
2021	$65,469	$58,117	$11,707,440	$7,352
2021	$-46,044	$119,760	$11,194,384	$-165,804
2020	$171,269	$106,569	$12,241,789	$64,700
2019	No data	$106,963	$11,628,661	No data

QCDO SUPPORT CORPORATION