SHIELD OF FAITH ECONOMIC DEVELOPMENT CORP (EIN 954676417) - 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

1998

Legal Domicile

Principal Officer

JASON K SCOTT

Phone

8006367142

Tax Period

2018-01-01 to 2018-12-31

SHIELD OF FAITH ECONOMIC DEVELOPMENT CORP, founded in 1998, is a micro nonprofit that reported $89K in total revenue in fiscal year 2018. Revenue fell 121% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE HOUSING FOR LOW AND MODERATE INCOME PERSONS AND PROVIDE A SUCCESSFUL MODEL OF COMMUNITY ECONOMIC DEVELOPMENT PROGRAMS

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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 (2018)

Revenue Breakdown

Contributions & Grants $936

Program Service Revenue $5,370

Investment Income $0

Other Revenue $-95,747

TOTAL REVENUE $-89,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,097

Fundraising Expenses $0

Program Expenses $75,176

Other Expenses $69,425

TOTAL EXPENSES $119,522

Year-over-Year Comparison

	2018	2017	Change
Revenue	$-89,441	$435,883	-1.2%
Expenses	$119,522	$144,923	-0.2%
Net Income	$-208,963	$290,960	-1.7%

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

Independent Members

Employees

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

$46,386

Total Directors

$46,386

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON K SCOTT	PRESIDENT AND CEO	10.00	Officer Director	$42,161	$0	$42,161
JANETTE ALEXANDER	V.P. & SECRETARY	1.00	Officer Director	$4,225	$0	$4,225
DARREN MADKIN	DIRECTOR	1.00	Director	$0	$0	$0
KEITH FISHER	DIRECTOR	1.00	Director	$0	$0	$0
MARIA SARAVIA	DIRECTOR	1.00	Director	$0	$0	$0
ABIMBOLA A FAMUYIWA	CFO	2.00	Officer	$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
2018	$-89,441	$119,522	$3,233,151	$-208,963
2017	$435,883	$144,923	$3,442,114	$290,960

SHIELD OF FAITH ECONOMIC DEVELOPMENT CORP