INNCUVATE COMMUNITY DEVELOPMENT PARTNERS INC (EIN 844151627) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

MARK LAWRENCE

Phone

3016837373

Tax Period

2023-01-01 to 2023-12-31

INNCUVATE COMMUNITY DEVELOPMENT PARTNERS INC, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 35% operating deficit.

Mission

INNCUVATE COMMUNITY DEVELOPMENT PARTNERS INC. (INNCUVATE CDP) EXISTS TO BUILD THRIVING COMMUNITIES THAT FUEL CREATIVITY AND AMBITION. WE FOCUS ON COMBATING COMMUNITY DETERIORATION BY ASSISTING AND PROMOTING LOCAL DEVELOPMENT AND REVITALIZATION OF UNDER-SERVED AND BLIGHTED COMMUNITIES; AND BUILDING THRIVING COMMUNITIES BY ASSISTING AND PROMOTING SUSTAINABLE COMMUNITY ECONOMIC DEVELOPMENT PROJECTS INCLUDING (BUT NOT LIMITED TO) WORKFORCE DEVELOPMENT AND ENTREPRENEURIAL DEVELOPMENT OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $50,024

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,199

Other Expenses $67,718

TOTAL EXPENSES $67,718

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,024	$111,505	-0.6%
Expenses	$67,718	$109,033	-0.4%
Net Income	$-17,694	$2,472	-8.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUNSON COOPER	TREASURER	1.00	Officer	$0	$0	$0
MARK LAWRENCE	EXECUTIVE DI	16.00	Officer	$0	$0	$0
TONIA WELLONS	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$50,024	$67,718	$2,741	$-17,694
2022	$111,505	$109,033	$20,239	$2,472
2021	$20,007	$12,460	$19,127	$7,547
2020	$13,004	$2,882	$12,947	$10,122

INNCUVATE COMMUNITY DEVELOPMENT PARTNERS INC