PRECURSOR HUMAN CAPITAL DEVELOPMENT

EIN: 843055710 501(c)(3) Employment

Valley Stream, NY

Total Revenue
$395,755
Total Expenses
$395,755
Total Assets
$5,298
Net Assets
$5,298
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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
2020
Legal Domicile
NY
Phone
5164641652
Tax Period
2024-01-01 to 2024-12-31

PRECURSOR HUMAN CAPITAL DEVELOPMENT, founded in 2020, is a small nonprofit in the Employment sector that reported $396K in total revenue in fiscal year 2024.

Mission

TO PROVIDE CHARITABLE SERVICES FOR YOUTH DEVELOPMENT

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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 $395,755
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $395,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,426
Fundraising Expenses $0
Program Expenses $395,755
Other Expenses $381,329
TOTAL EXPENSES $395,755

Year-over-Year Comparison

2024 2023 Change
Revenue $395,755 N/A N/A
Expenses $395,755 N/A N/A
Net Income $0 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
5
Independent Members
N/A
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wesley Palmer Director 0.00
Officer
$0 $0 $0
Mauvia James Secretary 0.00
Officer
$0 $0 $0
Sandra Freeman Treasurer 0.00
Officer
$0 $0 $0
Nolah Brown Trustee 0.00
Officer
$0 $0 $0
Maurice Maitland Trustee 0.00
Officer
$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 $395,755 $395,755 $5,298 No data
2023 $386,802 $386,802 No data No data
2022 $368,384 $368,384 $18,651 No data
2021 No data No data No data No data
2020 No data No data $3,230 No data
2019 No data No data No data No data
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