JOHN HANCOCK COMMUNITY DEVELOPMENT

EIN: 843011837 501(c)(3) Community Improvement

GREENFIELD, IN

Total Revenue
$1,412,846
Total Expenses
$1,530,830
Total Assets
$118,429
Net Assets
$118,429
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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
IN
Principal Officer
RANDALL V SORRELL
Phone
3174777241
Tax Period
2024-01-01 to 2024-12-31

JOHN HANCOCK COMMUNITY DEVELOPMENT, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

THE CORPORATIONS PURPOSE IS TO ENCOURAGE, SUPPORT, AND ASSIST IN ACTIVITIES AND PROJECTS THAT FURTHER THE SOCIAL, CULTURAL, AND ECONOMIC DEVELOPMENT, REDEVELOPMENT, AND REHABILITATION IN AND AROUND HANCOCK COUNTY INDIANA.

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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 $1,408,480
Program Service Revenue $0
Investment Income $4,366
Other Revenue $0
TOTAL REVENUE $1,412,846

Expense Breakdown

Grants Paid $1,400,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,400,000
Other Expenses $130,830
TOTAL EXPENSES $1,530,830

Year-over-Year Comparison

2024 2023 Change
Revenue $1,412,846 N/A N/A
Expenses $1,530,830 N/A N/A
Net Income $-117,984 N/A N/A
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
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BURROW SECRETARY N/A
Officer Director
$0 $0 $0
MICHAEL GRAF PRESIDENT N/A
Officer Director
$0 $0 $0
STEVEN LONG VICE-PRESIDE N/A
Officer Director
$0 $0 $0
RANDALL V SORRELL EXECUTIVE DI N/A
Officer 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 $1,412,846 $1,530,830 $118,429 $-117,984
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