THOMASVILLE COMMUNITY DEVELOPMENT CORPORATION (EIN 882659266) - 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

ALSTON P WATT

Phone

2292281828

Tax Period

2023-01-01 to 2023-12-31

THOMASVILLE COMMUNITY DEVELOPMENT CORPORATION, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $309K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $48K, a strong 16% operating margin.

Mission

The purpose of the Thomasville Community Development Corporation is to improve the quality of life and wealth creation opportunities for residents in Thomasville through affordable housing, community wellness and small business vitality. All activities conducted by the Thomasville Community Development Corporation take place within Thomas County with neighborhood-specific activities to be conducted in neighborhoods designated by the City of Thomasvilles Blueprint 2028 (10 year Strategic Plan) Investment Sector Strategies map.

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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 (2023)

Revenue Breakdown

Contributions & Grants $306,750

Program Service Revenue $0

Investment Income $2,011

Other Revenue $0

TOTAL REVENUE $308,761

Expense Breakdown

Grants Paid $37,939

Salaries & Benefits $136,102

Fundraising Expenses $219

Program Expenses $177,248

Other Expenses $86,722

TOTAL EXPENSES $260,763

Year-over-Year Comparison

	2023	2022	Change
Revenue	$308,761	$450,129	-0.3%
Expenses	$260,763	$1,163	+223.2%
Net Income	$47,998	$448,966	-0.9%

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

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
ALSTON	WATT	5.00	Director	$0	$0	$0
SHAN	DANIELS	5.00	Director	$0	$0	$0
FRAN	MILBERG	5.00	Director	$0	$0	$0
MELVIN	HUGANS	5.00	Director	$0	$0	$0
TOM	EVERETT	5.00	Director	$0	$0	$0
HARRY	JONES	5.00	Director	$0	$0	$0
RENDALL	MASH	5.00	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	No data	No data	No data	No data
2023	$308,761	$260,763	$497,413	$47,998
2022	$250,000	$1,163	No data	$248,837
2022	$450,129	$1,163	$448,966	$448,966

THOMASVILLE COMMUNITY DEVELOPMENT CORPORATION