← HARMONY COMMUNITY DEVELOPMENT CORPORATION

Form 990 for tax year 2022

Filed by HARMONY COMMUNITY DEVELOPMENT CORPORATION.

Totals

Total revenue: $5,745,586
Total expenses: $5,730,978
Contributions and grants received: $5,735,805
Grants paid: $3,254,840
Program service revenue: $9,781
Investment income: $0
Other revenue: $0
Total assets, end of year: $3,462,373
Total liabilities, end of year: $1,110,241
Net assets or fund balances, end of year: $2,352,132
Program services expenses (Part IX): $5,198,352
Management and general expenses: $532,626
Fundraising expenses: $0
Program service expenses (Part III): $5,198,352

Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1a · Federated campaigns

$2,002,645
1e · Government grants (contributions)

$1,079,796
1f · All other contributions, gifts and grants

$2,653,364
1g · Noncash contributions included above

$544,527
2a · Program service revenue: Counseling Income

total $9,781 · related or exempt $9,781
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6c · Rental income or loss

real property $0 · personal property $0
7c · Gain or loss

securities $0 · other assets $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $3,241,925 · program services $3,241,925
3 · Grants to foreign organizations and individuals

total $12,915 · program services $12,915
5 · Compensation of officers, directors and key employees

total $154,537 · program services $131,704 · management and general $22,833
7 · Other salaries and wages

total $975,171 · program services $831,090 · management and general $144,081
8 · Pension plan contributions

total $19,329 · program services $16,473 · management and general $2,856
9 · Other employee benefits

total $135,802 · program services $115,737 · management and general $20,065
10 · Payroll taxes

total $73,876 · program services $62,961 · management and general $10,915
11c · Fees: accounting

total $157,061 · management and general $157,061
11g · Fees: other

total $356,425 · program services $269,326 · management and general $87,099 · fundraising $0
12 · Advertising and promotion

total $30,444 · program services $22,063 · management and general $8,381
13 · Office expenses

total $28,276 · program services $23,403 · management and general $4,873
14 · Information technology

total $1,176 · management and general $1,176
16 · Occupancy

total $370,751 · program services $315,308 · management and general $55,443
22 · Depreciation, depletion and amortization

total $37,936 · program services $37,936
24a · Other expenses: Dues and Fees

total $57,052 · program services $42,213 · management and general $14,839
24b · Other expenses: Training and Development

total $8,375 · program services $5,374 · management and general $3,001
24c · Other expenses: Vehicle Expenses

total $2,569 · program services $2,566 · management and general $3
24e · All other expenses

total $67,358 · program services $67,358 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,035,285 · end of year $1,738,035
3 · Pledges and grants receivable

beginning of year $506,681 · end of year $815,360
4 · Accounts receivable

beginning of year $18,384 · end of year $3,424
5 · Loans and receivables from officers and key people

end of year $0
6 · Loans and receivables from disqualified persons

end of year $0
8 · Inventories for sale or use

beginning of year $63,294 · end of year $34,566
9 · Prepaid expenses and deferred charges

beginning of year $450 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$274,723
10b · Land, buildings and equipment: accumulated depreciation

$166,217
10c · Land, buildings and equipment, net

beginning of year $146,441 · end of year $108,506
12 · Investments: other securities

beginning of year $0
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $0 · end of year $762,482
17 · Accounts payable and accrued expenses

beginning of year $202,011 · end of year $142,177
19 · Deferred revenue

end of year $76,056
22 · Loans and payables to officers and key people

end of year $0
25 · Other liabilities

beginning of year $0 · end of year $892,008
27 · Net assets without donor restrictions

beginning of year $908,638 · end of year $967,991
28 · Net assets with donor restrictions

beginning of year $659,886 · end of year $1,384,141

Mission and programs · 2022

Mission

Strengthen families and revitalize neighborhoods through community-driven and solution-oriented approaches.

Activities or mission (Part I)

Strengthening families and revitalizing neighborhoods.

Housing - Program provides rent, mortgage and utility assistance to families in the community.

Expenses $3,294,412 · Grants $2,644,531
Help - Program provides food to families in the following zip codes: 75224, 75232, 75223, 75236 and 75237.

Expenses $848,558 · Grants $598,263
Health - Program provides counseling services to families in the community.

Expenses $603,702 · Grants $2,401 · Revenue $9,781
Hope - Program provides career coaching, development and support for those in the community in addition to international relief efforts. HOPE added another program entitled Harmony's Youth Empowerment Services (Harmony YES!). The program is a full spectrum of youth services and programming, was created in Fall 2022 for youth ages 13 - 18. Harmony YES! is an ambitious but transformative strategic plan to transform the neighborhoods surrounding Harmony and the communities in southern Dallas County by serving youth populations. Harmony YES! consists of Youth groups, Opportunity Youth services, Youth Conferences, Parent Groups and ongoing Youth Counseling.

Expenses $451,680 · Grants $9,645

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Brandi McKay

Secretary

Total calculated

$0

Hours/week

2
Rev Bryan Carter

Chairman

Total calculated

$0

Hours/week

3
Shari Hicks

Vice Chairman

Total calculated

$0

Hours/week

2
Susan Bryant

Treasurer

Total calculated

$0

Hours/week

2
Aaron Echols

Director

Total calculated

$0

Hours/week

2
Al Herron

Director

Total calculated

$0

Hours/week

2
Asheya Warren

Director

Total calculated

$0

Hours/week

2
Bemnet Meshesha

Director

Total calculated

$0

Hours/week

2
Dr Constance Lacy

Director

Total calculated

$0

Hours/week

2
John Stafford

Director

Total calculated

$0

Hours/week

2
John Williams

Director

Total calculated

$0

Hours/week

2
Leslie Gambrell

Director

Total calculated

$0

Hours/week

2
Nakia Douglas

Director

Total calculated

$0

Hours/week

2
Norman Henry

Director (Part Year)

Total calculated

$0

Hours/week

2
Terrence Maiden

Director

Total calculated

$0

Hours/week

2
Vana H Parham

Director

Total calculated

$0

Hours/week

2
Yvonne Harris

Director (Part Year)

Total calculated

$0

Hours/week

2
Zarin Gracey

Director (Part Year)

Total calculated

$0

Hours/week

3
Rev Mark Porter

Executive Director

Total calculated

$154,537

From this org

$137,362

From related orgs

$0

Other

$17,175

Hours/week

40

Schedule J breakdown matched by us

Base

$131,550

Bonus

$4,187

Other

$1,625

Deferred

$3,900

Nontaxable benefits

$13,275

Filer's total

$154,537

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 7 Non-fixed payments: The Executive Director received a non-fixed bonus that was approved by Board Chair and Human Resources.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 14 November 2023
IRS schema version: 2022v5.0
Source object: 202323189349300042

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