Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Vulnerable Communities Initiative Inc.
990EZ • Fiscal year 2023 • EIN 86-1741069
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 81.1% of source-year revenue.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
36th percentile
Faster revenue growth than 36% of similar nonprofits.
Balance Sheet
Assets
Up$30,145
Up $915 (+3.1%) from 2022
Net Assets
Up$30,145
Up $915 (+3.1%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Down$166,099
Down $12,602 (-7.1%) from 2022
Expenses
Up$165,184
Up $15,549 (+10%) from 2022
Net Income
Down$915
Down $28,151 (-97%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Apr 16, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $166,099
Mission and Program Overview
Mission
THE PURPOSE OF THE CORPORATION IS TO PROVIDE SERVICES TO VULNERABLE COMMUNITIES INCLUDING BUT NOT LIMITED TO THE DEVELOPMENT AND IMPLEMENTATION OF EFFICIENT, EFFECTIVE, AND EQUITABLE STRATEGIES TO SUPPORT NEIGHBORHOOD AND COMMUNITY STABILIZATION, AND AFFORDABLE HOUSING. In 2025: Focus on heir property policy and legal issues, with specific focus on coastal and rural communities, often in collaboration with the Lincoln Institute of Land Policy, the Southeast Caribbean Disaster Resilience Partnership, and coastal communities in the southeastern United States. Disaster response and disaster impacts in Southern California Technical assistance to Puerto Rico in collaboration with the Corporation for Rehabilitation of Housing (San Juan) Disaster Early Response work in Lawrence, KY Technical assistance on land banking in Brunswick, GA and Savannah-Chatham, GA Preliminary assistance to Vermont Department of Housing and Community Development on land banking and tax foreclosure reforms
The purpose of the corporation is to provide services to vulnerable communities including but not limited to the development and implementation of efficient, effective, and equitable strategies to support neighborhood and community stabilization, and affordable housing.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE PURPOSE OF THE CORPORATION IS TO PROVIDE SERVICES TO VULNERABLE COMMUNITIES INCLUDING BUT NOT LIMITED TO THE DEVELOPMENT AND IMPLEMENTATION OF EFFICIENT, EFFECTIVE, AND EQUITABLE STRATEGIES TO SUPPORT NEIGHBORHOOD AND COMMUNITY STABILIZATION, AND AFFORDABLE HOUSING. DURING 2022 THIS PRIMARILY INCLUDED (A) TECHNICAL ASSISTANCE TO MULTIPLE MUNICIPALITIES IN ALABAMA RELATED TO LAND BANKING AND CODE ENFORCEMENT, (2) TECHNICAL ASSISTANCE TO MEMPHIS, TN, RELATED TO LAND BANKING, (3) DISASTER EARLY RESPONSE WORK IN HAZARD, KY, PORT CHARLOTTE, FL, AND GRIFFIN, GA, (4) RESEARCH AND PREPARATION OF ADVISORY LETTER ON LAND BANKING IN SAN FRANCISCO, CA, (4) PARTICIPATION IN MULTIPLE MEETINGS RELATED TO LAND BANKING AND AFFORDABLE HOUSING IN SAN JUAN, PR, (5) COLLABORATION WITH GA. TECH IN PREPARATION OF NSF PROPOSAL, (6) CONSULTATIONS WITH SAVANNAH-CHATHAM LAND BANK; (7) CONSULTATIONS WITH GLYNN-BRUNSWICK LAND BANK AUTHORITY. | $163,584 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| FRANK S ALEXANDER | Chair And Executive Director | PT | $134,626 | - | $134,626 |
| STEPHANIE EARL | Director Of Finance And Research | - | $1,800 | - | $1,800 |
| JOSIAH WATTS | Director Of Community Engagement | - | $0 | - | - |
| KIM GRAZIANI | Vice Chair And Director Of Strategi | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Vulnerable Communities Initiative Inc
- EIN
- 86-1741069
- Phone
- 4044069772
- Address
- 3028 MORNINGTON DR NW, ATLANTA, GA 30327-1222
Signing Officer
- Name
- Frank S Alexander
- Title
- Executive Director
- Phone
- 4044069772
- Signed
- 2025-04-16
Preparer
- Firm
- Marshall Jones
- Address
- 30000 MILL CREEK AVE STE 340, ALPHARETTA, GA 30022
- Preparer
- Nathan Lummus
- Phone
- 4042312001
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: insurance. Amount: 901. Description: fees. Amount: 20. Description: office expenses. Amount: 679. Total to form 990-ez, line 16: 1,600.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: . Beg. Of year amount: 11,667. End of year amount: 0.”
Raw XML Appendix141 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FRANK S ALEXANDER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4044069772 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3028 MORNINGTON DR NW |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 303271222 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 17563 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 30145 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 138154 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 915 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 27158 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 29230 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 30145 |
| IRS990EZ/GrossReceiptsAmt | 0 | 166099 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 29230 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 30145 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 29230 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 30145 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 1800 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 134626 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEPHANIE EARL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOSIAH WATTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KIM GRAZIANI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | FRANK S ALEXANDER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR OF FINANCE AND RESEARCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR OF COMMUNITY ENGAGEMENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE CHAIR AND DIRECTOR OF STRATEGI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CHAIR AND EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 11667 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1600 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE CORPORATION IS TO PROVIDE SERVICES TO VULNERABLE COMMUNITIES INCLUDING BUT NOT LIMITED TO THE DEVELOPMENT AND IMPLEMENTATION OF EFFICIENT, EFFECTIVE, AND EQUITABLE STRATEGIES TO SUPPORT NEIGHBORHOOD AND COMMUNITY STABILIZATION, AND AFFORDABLE HOUSING. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 27945 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE PURPOSE OF THE CORPORATION IS TO PROVIDE SERVICES TO VULNERABLE COMMUNITIES INCLUDING BUT NOT LIMITED TO THE DEVELOPMENT AND IMPLEMENTATION OF EFFICIENT, EFFECTIVE, AND EQUITABLE STRATEGIES TO SUPPORT NEIGHBORHOOD AND COMMUNITY STABILIZATION, AND AFFORDABLE HOUSING. DURING 2022 THIS PRIMARILY INCLUDED (A) TECHNICAL ASSISTANCE TO MULTIPLE MUNICIPALITIES IN ALABAMA RELATED TO LAND BANKING AND CODE ENFORCEMENT, (2) TECHNICAL ASSISTANCE TO MEMPHIS, TN, RELATED TO LAND BANKING, (3) DISASTER EARLY RESPONSE WORK IN HAZARD, KY, PORT CHARLOTTE, FL, AND GRIFFIN, GA, (4) RESEARCH AND PREPARATION OF ADVISORY LETTER ON LAND BANKING IN SAN FRANCISCO, CA, (4) PARTICIPATION IN MULTIPLE MEETINGS RELATED TO LAND BANKING AND AFFORDABLE HOUSING IN SAN JUAN, PR, (5) COLLABORATION WITH GA. TECH IN PREPARATION OF NSF PROPOSAL, (6) CONSULTATIONS WITH SAVANNAH-CHATHAM LAND BANK; (7) CONSULTATIONS WITH GLYNN-BRUNSWICK LAND BANK AUTHORITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 163584 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 136426 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 165184 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 166099 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://WWW.VULNERABLECOMMUNITIES.ORG/ |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 138154 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1411 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 139565 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 204199 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1036 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 1036 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 139565 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 138154 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1411 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 139565 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 140601 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INSURANCE. AMOUNT: 901. DESCRIPTION: FEES. AMOUNT: 20. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 679. TOTAL TO FORM 990-EZ, LINE 16: 1,600. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: . BEG. OF YEAR AMOUNT: 11,667. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| ReasonableCauseExplanation/ExplanationTxt | 0 | IN ACCORDANCE WITH TREAS. REG. 301.7508A-1, THIS TAX PAYER IS CLAIMING THE RELIEF ASSOCIATED WITH HURRICANE HELENE AND REQUESTS ABATEMENT FOR ANY LATE FILING PENALTIES ASSOCIATED WITH FILING AFTER NOVEMBER 15, 2024, AND BEFORE MAY 1, 2025. TAX PAYER IS LOCATED IN THE AFFECTED AREA, AND COMPLETED FILING PRIOR TO MAY 1, 2025. |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANK S ALEXANDER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4044069772 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VULNERABLE COMMUNITIES INITIATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VULN |
| ReturnHeader/Filer/EIN | 0 | 861741069 |
| ReturnHeader/Filer/PhoneNum | 0 | 4044069772 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3028 MORNINGTON DR NW |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 303271222 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 832175462 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MARSHALL JONES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 30000 MILL CREEK AVE STE 340 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALPHARETTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30022 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4042312001 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NATHAN LUMMUS |
| ReturnHeader/ReturnTs | 0 | 2025-04-16T14:07:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $30,145
- Liabilities
- $0
- Net assets
- $30,145
- Revenue
- $166,099
- Expenses
- $165,184
- Net income
- $915