CAROL MACLEAN CORPORATION (EIN 020537061) - 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

2002

Legal Domicile

Principal Officer

CARMINE V DEO

Phone

9734639600

Tax Period

2020-01-01 to 2020-12-31

CAROL MACLEAN CORPORATION, founded in 2002, is a micro nonprofit in the Housing & Shelter sector that reported $24K in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year. Expenses of $33K exceeded revenue, resulting in a 40% operating deficit.

Mission

CAROL MACLEAN CORPORATION IS A HUD 811 ORGANIZATION WHICH PROVIDES AFFORDABLE HOUSING TO INDIVIDUALS SUFFERING FROM MENTAL ILLNESS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $18,312

Program Service Revenue $5,178

Investment Income $146

Other Revenue $0

TOTAL REVENUE $23,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,983

Other Expenses $32,983

TOTAL EXPENSES $32,983

Year-over-Year Comparison

	2020	2019	Change
Revenue	$23,636	$25,770	-0.1%
Expenses	$32,983	$33,417	0.0%
Net Income	$-9,347	$-7,647	+0.2%

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

N/A

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

$161,883

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS LORUSSO	BOARD TREASURER	1.00	Director	$0	$0	$0
DIANA LUNT	PRESIDENT	1.00	Director	$0	$0	$0
KATHLEEN DAY	VICE PRESIDENT	1.00	Director	$0	$0	$0
KAREN CAMPBELL	SECRETARY	1.00	Director	$0	$0	$0
CARMINE V DEO	EXECUTIVE DIRECTOR	1.00	Officer	$0	$11,260	$161,883

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
2020	$23,636	$32,983	$240,669	$-9,347
2019	$25,770	$33,417	$241,574	$-7,647
2018	$23,443	$34,687	$254,357	$-11,244

CAROL MACLEAN CORPORATION