NORTHWEST NEIGHBORHOODS CDC (EIN 237376130) - 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

1976

Legal Domicile

Principal Officer

BRIDGET KENT MARQUEZ

Phone

2169614242

Tax Period

2024-01-01 to 2024-12-31

NORTHWEST NEIGHBORHOODS CDC, founded in 1976, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.6M exceeded revenue, resulting in a 36% operating deficit.

Mission

NORTHWEST NEIGHBORHOODS PROVIDES COMPREHENSIVE COMMUNITY DEVELOPMENT SERVICES TO NEARLY 28,000 RESIDENTS IN CUDELL, DETROIT SHOREWAY, AND EDGEWATER ON THE WEST SIDE OF CLEVELAND, OHIO. THROUGH COLLABORATION, OUR ORGANIZATION GUIDES THE PHYSICAL, ECONOMIC, AND SOCIAL DEVELOPMENT OF THE NEIGHBORHOODS WE SERVE TOWARD IMPROVED QUALITY OF LIFE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,004,687

Program Service Revenue $440,501

Investment Income $275,009

Other Revenue $926,317

TOTAL REVENUE $2,646,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,271,497

Fundraising Expenses $3,103

Program Expenses $3,058,626

Other Expenses $2,334,478

TOTAL EXPENSES $3,605,975

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,646,514	$3,211,836	-0.2%
Expenses	$3,605,975	$6,477,650	-0.4%
Net Income	$-959,461	$-3,265,814	-0.7%

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

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

$102,335

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCE CARINGI	DIRECTOR	0.50	Director	$0	$0	$0
MONEEKE DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL FLICKINGER	DIRECTOR	0.50	Director	$0	$0	$0
PAULA FURST	DIRECTOR	0.50	Director	$0	$0	$0
PATERSON GAUNTNER	DIRECTOR	0.50	Director	$0	$0	$0
NIKKI HUDSON	DIRECTOR	0.50	Director	$0	$0	$0
EMMA JOCHUM	DIRECTOR	0.50	Director	$0	$0	$0
TIM KRUEGER	DIRECTOR	0.50	Director	$0	$0	$0
MOSES NGONG	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES PARK	DIRECTOR	0.50	Director	$0	$0	$0
LUCIANA SALLES	DIRECTOR	0.50	Director	$0	$0	$0
MATTHEW THOMAS	DIRECTOR	0.50	Director	$0	$0	$0
NINA HOLZER	DIRECTOR	0.50	Director	$0	$0	$0
TERESA MCCURRY	DIRECTOR	0.50	Director	$0	$0	$0
CHARLES SLONE	DIRECTOR	0.50	Director	$0	$0	$0
CATHERINE DONNELLY	DIRECTOR	0.50	Director	$0	$0	$0
MARGARITA ROMAN	DIRECTOR	0.50	Director	$0	$0	$0
BRIDGET KENT MARQUEZ	EXECUTIVE DIRECTOR	40.00	Officer	$102,335	$0	$102,335
ANNA PERLMUTTER	PRESIDENT	2.00	Officer	$0	$0	$0
MILLIE CARABALLO	TREASURER	2.00	Officer	$0	$0	$0
JONATHAN STEIRER	VICE PRESIDENT	2.00	Officer	$0	$0	$0
ANSHAWN IVERY	SECRETARY	2.00	Officer	$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	$2,646,514	$3,605,975	$10,831,291	$-959,461
2023	$3,211,836	$6,477,650	$10,752,419	$-3,265,814
2022	$2,455,953	$3,400,085	$11,325,935	$-944,132
2021	$2,889,182	$2,448,080	$12,147,856	$441,102
2020	$2,371,139	$4,597,155	$12,266,164	$-2,226,016
2019	$3,302,165	$3,231,087	$14,279,851	$71,078
2018	$3,591,260	$3,952,910	$14,783,315	$-361,650

NORTHWEST NEIGHBORHOODS CDC