← HARMONY COMMUNITY DEVELOPMENT CORPORATION

Form 990 for tax year 2023

Filed by HARMONY COMMUNITY DEVELOPMENT CORPORATION.

Totals

Total revenue: $4,440,365
Total expenses: $4,292,404
Contributions and grants received: $4,420,297
Grants paid: $1,298,790
Program service revenue: $7,063
Investment income: $0
Other revenue: $13,005
Total assets, end of year: $3,381,143
Total liabilities, end of year: $881,050
Net assets or fund balances, end of year: $2,500,093
Program services expenses (Part IX): $3,559,801
Management and general expenses: $546,636
Fundraising expenses: $185,967
Program service expenses (Part III): $3,559,801

Program services were 82.9% 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.

1e · Government grants (contributions)

$946,855
1f · All other contributions, gifts and grants

$3,473,442
1g · Noncash contributions included above

$405,575
2a · Program service revenue: Counseling Income

total $7,063 · related or exempt $7,063
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $13,005
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $13,005 · personal property $0
6d · Net rental income or loss

total $13,005 · excluded $13,005
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 $1,275,890 · program services $1,275,890
3 · Grants to foreign organizations and individuals

total $22,900 · program services $22,900
5 · Compensation of officers, directors and key employees

total $169,640 · program services $142,011 · management and general $18,844 · fundraising $8,785
7 · Other salaries and wages

total $1,042,313 · program services $872,555 · management and general $115,781 · fundraising $53,977
8 · Pension plan contributions

total $7,981 · program services $6,681 · management and general $887 · fundraising $413
9 · Other employee benefits

total $82,361 · program services $68,947 · management and general $9,149 · fundraising $4,265
10 · Payroll taxes

total $107,103 · program services $89,660 · management and general $11,897 · fundraising $5,546
11b · Fees: legal

total $3,870 · management and general $3,870
11c · Fees: accounting

total $131,122 · management and general $131,122
11e · Fees: professional fundraising services

total $84,045 · fundraising $84,045
11g · Fees: other

total $363,528 · program services $270,333 · management and general $93,195 · fundraising $0
12 · Advertising and promotion

total $161,525 · program services $115,383 · management and general $45,742 · fundraising $400
13 · Office expenses

total $65,706 · program services $55,443 · management and general $10,137 · fundraising $126
14 · Information technology

total $62,832 · program services $44,607 · management and general $18,225
16 · Occupancy

total $370,950 · program services $320,430 · management and general $44,578 · fundraising $5,942
17 · Travel

total $66,863 · program services $53,173 · management and general $13,690
22 · Depreciation, depletion and amortization

total $37,265 · program services $32,916 · management and general $2,909 · fundraising $1,440
23 · Insurance

total $2,500 · program services $2,500
24a · Other expenses: Program Expenses

total $108,902 · program services $108,512 · management and general $390
24b · Other expenses: Other Expenses

total $62,894 · program services $34,936 · management and general $7,261 · fundraising $20,697
24c · Other expenses: Dues and Fees

total $51,299 · program services $34,422 · management and general $16,546 · fundraising $331
24d · Other expenses: Vehicle Expenses

total $5,581 · program services $5,581
24e · All other expenses

total $5,334 · program services $2,921 · management and general $2,413 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,738,035 · end of year $1,820,723
3 · Pledges and grants receivable

beginning of year $815,360 · end of year $843,188
4 · Accounts receivable

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

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

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

beginning of year $34,566 · end of year $48,158
9 · Prepaid expenses and deferred charges

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

$296,797
10b · Land, buildings and equipment: accumulated depreciation

$203,481
10c · Land, buildings and equipment, net

beginning of year $108,506 · end of year $93,316
12 · Investments: other securities

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

beginning of year $0
15 · Other assets

beginning of year $762,482 · end of year $575,758
17 · Accounts payable and accrued expenses

beginning of year $142,177 · end of year $119,920
19 · Deferred revenue

beginning of year $76,056 · end of year $143,785
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $892,008 · end of year $617,345
27 · Net assets without donor restrictions

beginning of year $967,991 · end of year $1,351,224
28 · Net assets with donor restrictions

beginning of year $1,384,141 · end of year $1,148,869

Mission and programs · 2023

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 $1,211,451 · Grants $729,731
Help - Program provides food to families in the following zip codes: 75224, 75232, 75223, 75236 and 75237.

Expenses $962,280 · Grants $544,101
Health - Program provides counseling services to families in the community.

Expenses $731,841 · Grants $484 · Revenue $7,063
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 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 $654,229 · Grants $24,474

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Aaron Echols

Director / Secretary

Total calculated

$0

Hours/week

2
Brandi McKay

Secretary (Part Year)

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
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 (Part Year)

Total calculated

$0

Hours/week

2
Dr Samuel Bore

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
Latosha Herron Bruff

Director

Total calculated

$0

Hours/week

2
Leslie Gambrell

Director

Total calculated

$0

Hours/week

2
Nakia Douglas

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
Rev Mark Porter

Executive Director

Total calculated

$169,639

From this org

$146,480

From related orgs

$0

Other

$23,159

Hours/week

40

Schedule J breakdown matched by us

Base

$138,594

Bonus

$6,261

Other

$1,625

Deferred

$10,000

Nontaxable benefits

$13,159

Filer's total

$169,639

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: 2023
Filed: 5 September 2024
IRS schema version: 2023v5.1
Source object: 202432499349300043

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