FORT WAYNE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CLUB 720 DEVELOPMENT CORPORATION, founded in 2007, is a community nonprofit in the Community Improvement sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 132% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 59% operating margin.
CLUB 720 DEVELOPMENT CORPORATION IS ORGANIZED FOR PURPOSES THAT ARE EXCLUSIVELY CHARITABLE AND EDUCATIONAL AND CONSIST OF THE FOLLOWING: (1) TO PROVIDE BASIC LIVING FACILITIES FOR ECONOMICALLY DISTRESSED INDIVIDUALS THROUGH HOUSING DEVELOPMENT IN ORDER TO IMPROVE THE LIVING CONDITIONS AND ECONOMIC WELL-BEING OF INDIVIDUALS AND TO ENGAGE IN RELATED ACTIVITIES IN ORDER TO IMPROVE THE LIVING CONDITIONS AND ECONOMIC WELL-BEING OF SAID INDIVIDUALS. (2) TO CREATE A SOCIAL ENVIRONMENT OF SELF-DETERMINATION AND COOPERATION THAT ENCOURAGES ECONOMICALLY DISTRESSED RESIDENTS TO PURSUE THEIR LIFE GOALS AND ASPIRATIONS, ESPECIALLY WITH REGARD TO ADEQUATE HOUSING, WITH A SENSE OF SELF-RESPECT AND DIGNITY. (3) TO DO ANY AND ALL LAWFUL ACTIVITIES WHICH MAY BE NECESSARY, USEFUL, OR DESIRABLE FOR THE FURTHERANCE, ACCOMPLISHMENT, FOSTERING, OR ATTAINMENT OF THE FOREGOING PURPOSES, EITHER DIRECTLY OR INDIRECTLY AND EITHER ALONE OR IN CONJUNCTION OR COOPERATION WITH OTHERS, WHETHER SUCH OTHERS BE PERSONS O
CLUB 720 DEVELOPMENT CORPORATION D/B/A HOUSING RESOURCE HUB COMPLETED SEVERAL PROJECTS DIRECTLY RELATED TO ITS VISION OF "CULTIVATING THRIVING COMMUNITIES." THE ORGANIZATION WORKED INTENSIVELY IN...
CLUB 720 DEVELOPMENT CORPORATION D/B/A HOUSING RESOURCE HUB COMPLETED SEVERAL PROJECTS DIRECTLY RELATED TO ITS VISION OF "CULTIVATING THRIVING COMMUNITIES." THE ORGANIZATION WORKED INTENSIVELY IN COMMUNITIES TO CREATE AND IMPLEMENT HOUSING STRATEGIES THAT ARE DESIGNED TO DEVELOP ACTIONABLE HOUSING SOLUTIONS AND FINANCIAL EDUCATION PROGRAMS. THIS WORK HELPED TO CREATE A FOUNDATION FOR ECONOMIC EMPOWERMENT AND STABILITY. THE WORK INCLUDED DIRECTLY LEADING PRE-DEVELOPMENT ACTIVITIES FOR HOUSING PROJECTS THAT WERE HIGHLY PRIORITIZED BY THE COMMUNITY. THE ORGANIZATION WORKED REGIONALLY BY SUPPORTING THE MAYORS AND COMMISSIONERS CAUCUS OF NORTHEAST INDIANA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,621,820 | $1,559,215 | +1.3% |
| Expenses | $1,486,039 | $1,380,795 | +0.1% |
| Net Income | $2,135,781 | $178,420 | +11.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HEATHER PRESLEY-COWEN | CEO | 25.00 |
Officer
Director
|
$109,097 | $0 | $109,097 |
| RYAN CHASEY | COO | 40.00 |
Officer
Director
|
$92,769 | $0 | $92,769 |
| DENISE ANDORFER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| J NELSON COATS | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA LAUER | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ADAM WELCH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,621,820 | $1,486,039 | $4,097,654 | $2,135,781 |
| 2023 | $1,559,215 | $1,380,795 | $630,966 | $178,420 |
| 2022 | $650,699 | $1,233,053 | $460,281 | $-582,354 |
| 2021 | $411,079 | $463,299 | $1,064,672 | $-52,220 |
| 2020 | $1,327,231 | $424,088 | $1,108,582 | $903,143 |
| 2019 | $267,114 | $246,524 | $185,867 | $20,590 |
| 2018 | $376,130 | $333,386 | $166,824 | $42,744 |
Compare CLUB 720 DEVELOPMENT CORPORATION with other nonprofits in Indiana and across the country.