ADVANTAGE CERTIFIED DEVELOPMENT CORP

EIN: 953401510

LONG BEACH, CA

Total Revenue
$1,648,365
Total Expenses
$1,636,028
Total Assets
$1,602,445
Net Assets
$568,165
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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
CA
Principal Officer
AHMAD SHAFIQUE
Phone
5629837450
Tax Period
2023-10-01 to 2024-09-30

ADVANTAGE CERTIFIED DEVELOPMENT CORP, founded in 1979, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION ASSISTS IN THE ECONOMIC DEVELOPMENT ACTIVITIES IN CALIFORNIA.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,644,837
Investment Income $1,121
Other Revenue $2,407
TOTAL REVENUE $1,648,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $951,959
Fundraising Expenses $0
Program Expenses $1,456,111
Other Expenses $684,069
TOTAL EXPENSES $1,636,028

Year-over-Year Comparison

2023 2022 Change
Revenue $1,648,365 $1,386,829 +0.2%
Expenses $1,636,028 $1,201,049 +0.4%
Net Income $12,337 $185,780 -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

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Governance

Voting Members
5
Independent Members
4
Employees
10
Volunteers
7

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
5
$160,200
Total Directors
5
$160,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AHMAD SHAFIQUE President 40.00
Officer Director
$160,200 $0 $160,200
GLORIA MILLER Chairman 3.00
Officer Director
$0 $0 $0
MUHAMMAD ZAHID AZIZ Treasurer 3.00
Officer Director
$0 $0 $0
DAVID J KIMBER Secretary 3.00
Officer Director
$0 $0 $0
GUSTAVO LAMANNA Vice Chairman 3.00
Officer 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 $1,648,365 $1,636,028 $1,602,445 $12,337
2023 $1,386,829 $1,201,049 $1,505,440 $185,780
2023 $1,367,102 $1,232,423 $1,011,815 $134,679
2022 $1,126,156 $1,198,483 $811,817 $-72,327
2021 $1,135,970 $1,037,019 $834,076 $98,951
2021 $1,135,810 $1,130,807 $822,033 $5,003
2020 $974,993 $853,269 $758,095 $121,724
2019 $846,624 $755,421 $465,959 $91,203
2018 $594,471 $552,142 $273,514 $42,329
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