LIFT COMMUNITY DEVELOPMENT CORPORATION (EIN 844581982) - Form 990 Financial Analysis & Trantor Score

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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

2022

Legal Domicile

Principal Officer

LAQUANDA WALTON

Phone

7278046317

Tax Period

2024-01-01 to 2024-12-31

LIFT COMMUNITY DEVELOPMENT CORPORATION, founded in 2022, is a micro nonprofit in the Human Services sector that reported $77K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $70K left a modest 9% surplus.

Mission

Lift Community Development Corp equips, empowers,& propels youth who have aged out of foster care, as well as other vulnerable children, families,& adults, by providing housing, life-skills, education,& opportunities that foster stability, independence,& community engagement.

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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 $5,054

Program Service Revenue $72,129

Investment Income $0

Other Revenue $0

TOTAL REVENUE $77,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,256

Other Expenses $70,256

TOTAL EXPENSES $70,256

Year-over-Year Comparison

	2024	2023	Change
Revenue	$77,183	$50,094	+0.5%
Expenses	$70,256	$43,056	+0.6%
Net Income	$6,927	$7,038	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAQUANDA WALTON	CEO	50.00	Officer	$0	$0	$0
TEQUENA AKINTONDE	Director	1.00	Officer	$0	$0	$0
ANNISSA GOINS	Director	1.00	Officer	$0	$0	$0
BARBARA ODOM	DIRECTOR	1.00	Officer	$0	$0	$0
CHAD ABID ALLY	DIRECTOR	3.00	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	$77,183	$70,256	$17,818	$6,927

LIFT COMMUNITY DEVELOPMENT CORPORATION