ALTURE COMMUNITY DEVELOPMENT CORPORATION (EIN 854357118) - 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

2021

Legal Domicile

Phone

2485881781

Tax Period

2024-01-01 to 2024-12-31

ALTURE COMMUNITY DEVELOPMENT CORPORATION, founded in 2021, is a micro nonprofit in the Youth Development sector that reported $11K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $9K, a strong 78% operating margin.

Mission

ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTIONS OF ANY FUTURE FEDERAL TAX CODE. SUBJECT TO THE FOREGOING LIMITATIONS, THE ORGANIZATION ADDRESSES THE ECONOMIC NEEDS OF LOW-INCOME INDIVIDUALS AND FAMILIES THROUGH THE CREATION OF SUSTAINABLE BUSINESS DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES.

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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 $2,500

Program Service Revenue $0

Investment Income $8,914

Other Revenue $0

TOTAL REVENUE $11,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,505

TOTAL EXPENSES $2,505

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,414	$51,905	-0.8%
Expenses	$2,505	$38,508	-0.9%
Net Income	$8,909	$13,397	-0.3%

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

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
CATHIE ABAD	BOARD MEMBER	N/A	Director	$0	$0	$0
CANDACE PLANK	BOARD MEMBER	N/A	Director	$0	$0	$0
N/A	PRESIDENT	N/A	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	$11,414	$2,505	$420,492	$8,909
2023	$51,905	$38,508	$411,583	$13,397
2022	No data	$30,764	$398,187	No data
2021	$250,000	$30,211	$384,974	$219,789

ALTURE COMMUNITY DEVELOPMENT CORPORATION