COMMUNITY REINVESTMENT FOUNDATION XIV INC (EIN 204067007) - 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

2005

Legal Domicile

Principal Officer

DAVID COOPER

Phone

3175542100

Tax Period

2023-04-01 to 2024-03-31

COMMUNITY REINVESTMENT FOUNDATION XIV INC, founded in 2005, is a small nonprofit that reported $201K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $228K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME SENIORS. OWNS AND OPERATES A 24 UNIT APARTMENT COMMUNITY IN BLOOMINGTON, INDIANA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $200,617

Investment Income $13

Other Revenue $0

TOTAL REVENUE $200,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,307

Fundraising Expenses $0

Program Expenses $227,701

Other Expenses $177,394

TOTAL EXPENSES $227,701

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,630	$184,250	+0.1%
Expenses	$227,701	$251,516	-0.1%
Net Income	$-27,071	$-67,266	-0.6%

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

N/A

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

$213,304

Total Directors

$213,304

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ADAM BOCIK	DIRECTOR	Director	$0	$0	$0
DAVID COOPER	PRESIDENT	Officer Director	$0	$0	$213,304
TIM PAINO	SECRETARY AND TREASURER	Officer Director	$0	$0	$0
TIM SHROUT	DIRECTOR	Director	$0	$0	$0
WILLIAM TIBBETS	DIRECTOR	Director	$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
2024	$200,630	$227,701	$1,400,215	$-27,071
2023	$184,250	$251,516	$1,430,552	$-67,266
2022	$172,889	$226,548	$1,493,400	$-53,659
2021	$165,836	$211,345	$1,536,921	$-45,509
2020	$162,877	$201,693	$1,585,524	$-38,816

COMMUNITY REINVESTMENT FOUNDATION XIV INC