PRECURSOR HUMAN CAPITAL DEVELOPMENT

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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

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

Program Service Accomplishments

Program 1

Expenses: $395,755

TO PROVIDE EDUCATIONAL FUNDS AND CHARITABLE ACADEMIC SUPPORT SERVICES, LIFE SKILL DEVELOPMENT, MENTORING AND CAREER COUNSELING THAT BENIFITS YOUTHS AND FAMILIES IN THE COMMUNITY.

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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 (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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Wesley Palmer	Director	Officer	$0	$0	$0
Mauvia James	Secretary	Officer	$0	$0	$0
Sandra Freeman	Treasurer	Officer	$0	$0	$0
Nolah Brown	Trustee	Officer	$0	$0	$0
Maurice Maitland	Trustee	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