CAMBRIDGE STREET COMMUNITY DEVELOP… - Form 990 Financial Data

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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

1971

Legal Domicile

Principal Officer

OLIVER C COLBURN

Phone

6172271922

Tax Period

2023-01-01 to 2023-12-31

CAMBRIDGE STREET COMMUNITY DEVELOPMENT CORPORATION, founded in 1971, is a small nonprofit that reported $135K in total revenue in fiscal year 2023. Revenue surged 777% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 53% operating margin.

Mission

TO FURTHER THE RATIONAL DEVELOPMENT OF THE CAMBRIDGE STREET AREA OF THE CITY OF BOSTON AND ITS ENVIRONMENTS.

Program Service Accomplishments

Program 1

Expenses: $63,084

CSCDC HAS ESTABLISHED AN AGREEMENT WITH THE CITY OF BOSTON IN 2007 WHEREBY CSCDC HAS AGREED TO MAINTAIN THE LANDSCAPING ON A PORTION OF CAMBRIDGE STREET. RELATED MAINTENANCE EXPENSE TOTALING $60,816...

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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 $134,740

Program Service Revenue $0

Investment Income $184

Other Revenue $0

TOTAL REVENUE $134,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,084

Other Expenses $63,185

TOTAL EXPENSES $63,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,924	$15,390	+7.8%
Expenses	$63,185	$74,857	-0.2%
Net Income	$71,739	$-59,467	-2.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OLIVER C COLBURN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID J HANITCHAK	TREASURER	1.00	Officer Director	$0	$0	$0
JENNIFER STREET	CLERK	1.00	Officer Director	$0	$0	$0
KEETA S GILMORE	DIRECTOR	0.50	Director	$0	$0	$0
PETER THOMSON	DIRECTOR	0.50	Director	$0	$0	$0
LINDA JORDAN DOW	DIRECTOR	0.50	Director	$0	$0	$0
KAREN CORD TAYLOR	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS P MAGUIRE	DIRECTOR	0.50	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	No data	No data	No data	No data
2023	$134,924	$63,185	$74,464	$71,739
2022	$15,390	$74,857	$2,725	$-59,467
2021	$55,080	$67,856	$62,192	$-12,776
2020	$38,475	$69,932	$74,968	$-31,457
2019	$59,535	$68,740	$106,425	$-9,205

CAMBRIDGE STREET COMMUNITY DEVELOPMENT CORPORATION