AVCP DEVELOPMENT CORPORATION (EIN 920072904) - 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

1979

Legal Domicile

Principal Officer

JEFF LOWREY

Phone

9075433121

Tax Period

2023-10-01 to 2024-09-30

AVCP DEVELOPMENT CORPORATION, founded in 1979, is a small nonprofit in the Housing & Shelter sector that reported $402K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

LOW INCOME HOUSING FOR THE ELDERLY

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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 $284,537

Program Service Revenue $0

Investment Income $763

Other Revenue $116,753

TOTAL REVENUE $402,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,514

Fundraising Expenses $0

Program Expenses $240,752

Other Expenses $300,714

TOTAL EXPENSES $407,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$402,053	$371,987	+0.1%
Expenses	$407,228	$338,844	+0.2%
Net Income	$-5,175	$33,143	-1.2%

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

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
STEPHEN MAXIE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
TIM KAGANAK	VICE CHAIR	2.00	Director	$0	$0	$0
RON ALSTROM	TREASURER	2.00	Director	$0	$0	$0
ROBERT NICK	MEMBER	2.00	Director	$0	$0	$0
MOSES WHITE	MEMBER	2.00	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	$402,053	$407,228	$492,014	$-5,175
2023	$371,987	$338,844	$401,098	$33,143
2022	$394,543	$339,135	$452,568	$55,408
2021	$350,545	$295,168	$395,018	$55,377
2020	$593,899	$600,105	$1,761,793	$-6,206
2019	$763,393	$730,325	$1,935,260	$33,068
2018	$1,535,282	$1,433,440	$10,409,684	$101,842

AVCP DEVELOPMENT CORPORATION