SOUTHWEST MINORITY ECONOMIC DEVELO… - Form 990 Financial Data

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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

1978

Legal Domicile

Principal Officer

CONNIE JONES

Phone

7145474073

Tax Period

2019-01-01 to 2019-12-31

SOUTHWEST MINORITY ECONOMIC DEVELOPMENT ASSOCIATION, founded in 1978, is a small nonprofit that reported $238K in total revenue in fiscal year 2019. Revenue fell 47% from the prior year — a significant decline worth monitoring.

Mission

WE PROVIDE FOOD, CLOTHING, SHELTER, GUIDANCE, HEALTH AND REFERRAL SERVICES TO ECONOMICALLY DISADVANTAGED INDIVIDUALS AND FAMILIES, AND ASSIST AND ENCOURAGE THOSE WHOM WE SERVE TO ACHIEVE SELF-SUFFICIENCY.

Program Service Accomplishments

Program 1

Expenses: $180,017 Revenue: $0

THE ORGANIZATION PROVIDED OVER 107,000 HOT MEALS TO ECONOMICALLY DISADVANTAGED PROPLE, PROVIDED OVER 1,500 EMERGENCY FOOD BAGS TO FAMILIES AND INDIVIDUALS, PROVIDED OVER 500 BROWN BAGS TO SENIORS...

THE ORGANIZATION PROVIDED OVER 107,000 HOT MEALS TO ECONOMICALLY DISADVANTAGED PROPLE, PROVIDED OVER 1,500 EMERGENCY FOOD BAGS TO FAMILIES AND INDIVIDUALS, PROVIDED OVER 500 BROWN BAGS TO SENIORS, ISSUED THOUSANDS OF DOLLARS OF FOOD VOUCHERS TO FAMILIES AND INDIVIDUALS, AND DISTRIBUTED INFANT CARE ITEMS TO FAMILIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $237,613

Program Service Revenue $0

Investment Income $282

Other Revenue $0

TOTAL REVENUE $237,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,698

Fundraising Expenses $0

Program Expenses $180,017

Other Expenses $108,078

TOTAL EXPENSES $254,776

Year-over-Year Comparison

	2019	2018	Change
Revenue	$237,895	$448,372	-0.5%
Expenses	$254,776	$515,476	-0.5%
Net Income	$-16,881	$-67,104	-0.7%

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

N/A

Independent Members

N/A

Employees

Volunteers

1000

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
CONNIE JONES	FMR EXECUTIVE DIRECTOR	N/A		$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
2019	$237,895	$254,776	No data	$-16,881
2018	$448,372	$515,476	$705,020	$-67,104

SOUTHWEST MINORITY ECONOMIC DEVELOPMENT ASSOCIATION