Provident Group - Tubman Quad Properties Inc (EIN 833519249) - 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

2019

Legal Domicile

Phone

2257663977

Tax Period

2022-01-01 to 2022-12-31

Provident Group - Tubman Quad Properties Inc, founded in 2019, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2022. Revenue surged 90% from the prior year, signaling strong growth momentum. Expenses of $11.2M exceeded revenue, resulting in a 135% operating deficit.

Mission

Provident Group - Tubman Quad Properties Inc. promotes and advances education through the acquiring, constructing, renovating, furnishing, equipping, financing, owning, operating, and maintaining a mixed-use facility on the campus of Howard University.

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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 $4,779,256

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,779,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $425,797

Fundraising Expenses $0

Program Expenses $11,063,122

Other Expenses $10,814,587

TOTAL EXPENSES $11,240,384

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,779,256	$2,517,219	+0.9%
Expenses	$11,240,384	$8,113,157	+0.4%
Net Income	$-6,461,128	$-5,595,938	+0.2%

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

N/A

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

$2,221,414

Total Directors

$2,222,032

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Vice President/Secretary	1.0	Officer Director	$0	$37,766	$751,082
N/A	Vice President	1.0	Officer Director	$0	$46,758	$498,464
N/A	Director	1.0	Director	$0	$38,107	$972,486
N/A	President	1.0	Officer	$0	$25,847	$971,868

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	$4,779,256	$11,240,384	No data	$-6,461,128
2021	$2,517,219	$8,113,157	$65,014,017	$-5,595,938
2020	$2,738,856	$7,355,964	$68,638,461	$-4,617,108
2019	$2,313,751	$3,164,516	$76,115,215	$-850,765

Provident Group - Tubman Quad Properties Inc