COMMUNITY ECONOMIC DEVELOPMENT COR… - Form 990 Financial Data

🔒

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

1994

Legal Domicile

Phone

3237373413

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY ECONOMIC DEVELOPMENT CORPORATION, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $501K in total revenue in fiscal year 2024. Revenue surged 355% from the prior year, signaling strong growth momentum. Expenses of $463K left a modest 8% surplus.

Mission

CARB Community shuttle demonstration program to increase access to underserved communities for capacity building around clean transportation. Partnership for children south Los Angeles Support for development of childhood system of care

Program Service Accomplishments

Program 1

Expenses: $463,045 Revenue: $0

CARB community shuttle for service. Provided free transportation for residents in the Leimert park Community Los Angeles around clean energy vehicle usage

Program 2

Expenses: $0 Revenue: $0

Partnership Children South Los Angeles Early childhood system of care for access to service in south Los Angeles

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $500,645

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,000

Fundraising Expenses $0

Program Expenses $463,045

Other Expenses $403,045

TOTAL EXPENSES $463,045

Year-over-Year Comparison

	2024	2023	Change
Revenue	$500,645	$110,000	+3.6%
Expenses	$463,045	$89,000	+4.2%
Net Income	$37,600	$21,000	+0.8%

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
Delores Brown	President	40.00	Highest	$60,000	$0	$60,000

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	$500,645	$463,045	$2,447,439	$37,600

COMMUNITY ECONOMIC DEVELOPMENT CORPORATION