CHAMINADE DEVELOPMENT FUND INC (EIN 237069462) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

BRO THOMAS J CLEARY S

Phone

5167425555

Tax Period

2024-07-01 to 2025-06-30

CHAMINADE DEVELOPMENT FUND INC, founded in 1969, is a mid-sized nonprofit in the Education sector that reported $14.5M in total revenue in fiscal year 2024. The organization ran a surplus of $4.7M, a strong 32% operating margin.

Mission

TO PROVIDE CATHOLIC EDUCATION THROUGH FINANCIAL SUPPORT FOR CHAMINADE HIGH SCHOOL LOCATED IN MINEOLA, NEW YORK.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,739,009

Program Service Revenue $76,000

Investment Income $5,017,955

Other Revenue $670,861

TOTAL REVENUE $14,503,825

Expense Breakdown

Grants Paid $7,525,830

Salaries & Benefits $1,349,061

Fundraising Expenses $870,306

Program Expenses $7,525,830

Other Expenses $978,809

TOTAL EXPENSES $9,853,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,503,825	$14,267,683	+0.0%
Expenses	$9,853,700	$11,766,077	-0.2%
Net Income	$4,650,125	$2,501,606	+0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

195

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
BRO THOMAS J CLEARY SM	PRESIDENT	40.00	Officer Director	$0	$0	$0
BRO JOSEPH D BELLIZZI SM	EXECUTIVE VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
BRO STEPHEN V BALLETTA SM	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
BRO RICHARD H HARTZ SM	SECT'Y/TREAS.	40.00	Officer 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
2025	$14,503,825	$9,853,700	$102,567,625	$4,650,125
2024	$14,267,683	$11,766,077	$92,899,604	$2,501,606
2023	$8,483,680	$7,185,594	$81,748,984	$1,298,086
2022	$29,803,893	$5,351,515	$73,574,053	$24,452,378
2021	$16,777,300	$10,832,843	$58,271,114	$5,944,457
2020	$7,128,030	$4,825,598	$52,487,028	$2,302,432
2019	$9,427,266	$12,102,011	$55,168,357	$-2,674,745

CHAMINADE DEVELOPMENT FUND INC