THE ALLAPATTAH COLLABORATIVE COMMUNITY DEVELOPMENT CORPORATION

EIN: 842792176 501(c)(3) Community Improvement

MIAMI, FL

Total Revenue
$1,446,720
Total Expenses
$1,396,831
Total Assets
$918,959
Net Assets
$864,666
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
MILEYKA BURGOS-FLORES
Phone
7862297937
Tax Period
2024-01-01 to 2024-12-31

THE ALLAPATTAH COLLABORATIVE COMMUNITY DEVELOPMENT CORPORATION, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 3% surplus.

Mission

THE ORGANIZATION IMPLEMENTS PLACEMAKING TECHNIQUES TO FOSTER IDENTITY, SUPPORT WEALTH-BUILDING STRATEGIES FOR MARGINALIZED COMMUNITIES OF COLOR AND ADVOCATE FOR POLICIES AND PROCEDURES THAT SUPPORT EQUITABLE, COMPREHENSIVE AND SUSTAINABLE COMMUNITY DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $755,938

IN 2024, THE ALLAPATTAH COLLABORATIVE CDC (ACDC) ASSISTED MORE THAN 140 MICRO AND SMALL BUSINESSES AND PROVIDED OVER 1.5 MILLION IN DIRECT TECHNICAL ASSISTANCE. THROUGH OUR PROGRAMS, WE HELPED CREATE...

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IN 2024, THE ALLAPATTAH COLLABORATIVE CDC (ACDC) ASSISTED MORE THAN 140 MICRO AND SMALL BUSINESSES AND PROVIDED OVER 1.5 MILLION IN DIRECT TECHNICAL ASSISTANCE. THROUGH OUR PROGRAMS, WE HELPED CREATE OVER 60 NEW JOBS, RETAIN MORE THAN 120 EXISTING JOBS, AND SUPPORTED THE ACQUISITION OF OVER 2.2 MILLION IN CAPITAL FOR LOCAL MICROBUSINESSES. ADDITIONALLY, 600,000 IN SMALL BUSINESS FUNDING AND 90,000 IN GRANTS WERE SECURED TO STRENGTHEN COMMUNITY ENTERPRISES. THROUGHOUT THE YEAR, ACDC HOSTED MORE THAN 35 COMMUNITY EVENTS, INCLUDING THE LARGEST "FESTIVAL DEL PLTANO" TO DATE, WHICH GATHERED OVER 1,500 ATTENDEES AND 20 LOCAL VENDORS, PROMOTING ENTREPRENEURSHIP AND CELEBRATING ALLAPATTAH'S CULTURAL HERITAGE. OUR INTERGENERATIONAL PROGRAM TRADICIN EN ACCIN ENGAGED OVER 1,000 SENIORS, FOSTERING INCLUSION, CULTURAL EXCHANGE, AND COMMUNITY WELL-BEING THROUGH ART, MUSIC, AND DANCE. BEYOND MEASURABLE OUTCOMES, ACDC STRENGTHENED PARTNERSHIPS WITH PUBLIC, PRIVATE, AND NONPROFIT SECTORS TO ADVANCE AFFORDABLE HOUSING, BUSINESS OWNERSHIP, AND CULTURAL PRESERVATION. THE ORGANIZATION CONTINUED TO DRIVE ECONOMIC MOBILITY, FOSTER COMMUNITY RESILIENCE, AND PROMOTE INCLUSIVE GROWTH ACROSS THE ALLAPATTAH NEIGHBORHOOD, ENSURING LONG-TERM PROSPERITY FOR ITS RESIDENTS AND SMALL BUSINESSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,446,720
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,446,720

Expense Breakdown

Grants Paid $79,810
Salaries & Benefits $767,728
Fundraising Expenses $286,715
Program Expenses $755,938
Other Expenses $549,293
TOTAL EXPENSES $1,396,831

Year-over-Year Comparison

2024 2023 Change
Revenue $1,446,720 $1,462,159 0.0%
Expenses $1,396,831 $1,054,495 +0.3%
Net Income $49,889 $407,664 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
12
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
4
$125,510
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA CRUZ BOARD CHAIR 5.00
Officer Director
$0 $0 $0
AHMED MORI TREASURER 5.00
Officer Director
$0 $0 $0
JOHANNA FELIPE SECRETARY 5.00
Officer Director
$0 $0 $0
IVAN JIMENEZ BOARD MEMBER 5.00
Director
$0 $0 $0
LUNICEL ALVARADO BOARD MEMBER 5.00
Director
$0 $0 $0
MILEYKA BURGOS-FLORES EXECUTIVE DI 40.00
Officer
$125,510 $0 $125,510
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 $1,446,720 $1,396,831 $918,959 $49,889
2023 $1,462,159 $1,054,495 $836,940 $407,664
2022 $579,095 $677,479 $409,668 $-98,384
2021 $476,634 $421,286 $513,997 $55,348
2020 $683,333 $233,231 $450,149 $450,102
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