Prosper Devington Building Corporation (EIN 854293288) - 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

2020

Legal Domicile

Phone

3176342423

Tax Period

2024-01-01 to 2024-12-31

Prosper Devington Building Corporation, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $652K in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 80% operating deficit.

Mission

THE ORGANIZATION SHALL BE OPERATED FOR HOLDING TITLE TO PROPERTY, LEASING REAL ESTATE TO EXEMPT ORGANIZATIONS AND PROMOTE ECONOMIC GROWTH IN MARION COUNTY.

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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 $0

Program Service Revenue $651,686

Investment Income $0

Other Revenue $0

TOTAL REVENUE $651,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,157,482

Other Expenses $1,173,811

TOTAL EXPENSES $1,173,811

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,686	$642,700	+0.0%
Expenses	$1,173,811	$1,168,237	+0.0%
Net Income	$-522,125	$-525,537	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

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

$684,339

Total Directors

$684,339

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON RAGER	SECRETARY/TREASURER	1.0	Officer Director	$0	$0	$0
JENNIFER BARTENBACH	PRESIDENT	1.0	Officer Director	$0	$48,231	$480,694
SARAH WEAVER	VICE PRESIDENT	1.0	Officer Director	$0	$30,174	$203,645
JOHN ENNEKING	DIRECTOR	1.0	Director	$0	$0	$0
TAMISHA CLARK	DIRECTOR	1.0	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	$651,686	$1,173,811	$17,603,019	$-522,125
2023	$642,700	$1,168,237	$18,161,825	$-525,537
2022	$3,683,877	$1,039,542	$18,670,603	$2,644,335
2021	No data	$288,382	$16,724,435	No data

Prosper Devington Building Corporation