ALLEN TEMPLE COMMUNITY ECONOMIC DEVELOPMENT CORPORATION (EIN 861080961) - 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

2003

Legal Domicile

Principal Officer

JACQUELINE GOGGINS

Phone

8642358005

Tax Period

2022-07-01 to 2023-06-30

ALLEN TEMPLE COMMUNITY ECONOMIC DEVELOPMENT CORPORATION, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $622K in total revenue in fiscal year 2022. Expenses of $838K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING BY CONSTRUCTING AND MAINTAINING AFFORDABLE RENTAL HOUSING FOR LOW AND VERY LOW INCOME FAMILIES.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $643,154

Investment Income $151

Other Revenue $-21,660

TOTAL REVENUE $621,645

Expense Breakdown

Grants Paid $424,976

Salaries & Benefits $122,460

Fundraising Expenses $0

Program Expenses $571,236

Other Expenses $291,045

TOTAL EXPENSES $838,481

Year-over-Year Comparison

	2022	2021	Change
Revenue	$621,645	$618,643	+0.0%
Expenses	$838,481	$774,556	+0.1%
Net Income	$-216,836	$-155,913	+0.4%

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

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
CYNTHIA BARKSDALE	DIRECTOR	N/A	Director	$0	$0	$0
JACQUELINE GOGGINS	CHAIR	N/A	Director	$0	$0	$0
DIANNE LEONARD	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD MILLS	DIRECTOR	N/A	Director	$0	$0	$0
DOROTHY SULLIVAN	DIRECTOR	N/A	Director	$0	$0	$0
ROBERTA WEATHERS	DIRECTOR	N/A	Director	$0	$0	$0
BILLY JOE WILLIAMS	DIRECTOR	N/A	Director	$0	$0	$0
MEG WOLCOTT	DIRECTOR	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$621,645	$838,481	$7,810,221	$-216,836
2022	$618,643	$774,556	$8,108,082	$-155,913
2021	$594,885	$791,366	$8,407,034	$-196,481
2020	$903,596	$741,660	$8,679,386	$161,936
2019	$602,849	$714,546	$8,289,049	$-111,697
2018	$1,327,271	$636,718	$8,533,633	$690,553

ALLEN TEMPLE COMMUNITY ECONOMIC DEVELOPMENT CORPORATION