ALLEGHENY CLARION DEVELOPMENT CORP (EIN 251429302) - 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

1981

Legal Domicile

Principal Officer

JAMES HITE

Phone

7243552072

Tax Period

2022-10-01 to 2023-09-30

ALLEGHENY CLARION DEVELOPMENT CORP, founded in 1981, is a small nonprofit in the Community Improvement sector that reported $184K in total revenue in fiscal year 2022. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $248K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO DEVELOP INDUSTRY AND IMPROVE COMMUNITIES AND NEIGHBORHOODS IN THE TRI- COUNTY AREA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $66,075

Investment Income $0

Other Revenue $118,012

TOTAL REVENUE $184,087

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $227,972

Other Expenses $248,451

TOTAL EXPENSES $248,451

Year-over-Year Comparison

	2022	2021	Change
Revenue	$184,087	$116,992	+0.6%
Expenses	$248,451	$255,431	0.0%
Net Income	$-64,364	$-138,439	-0.5%

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

$41,150

Total Directors

$41,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HITE	EXECUTIVE DI	40.00	Officer Director	$32,350	$3,300	$35,650
BONNIE DITTMAN	TREASURER	4.00	Officer Director	$5,500	$0	$5,500
LINDA GIGILIO	DIRECTOR	N/A	Officer Director	$0	$0	$0
ELAINE KETNER	DIRECTOR	N/A	Officer Director	$0	$0	$0
CHRIS PANIAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
CYNTHIA RAPP	VICE PRESIDE	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$184,087	$248,451	$2,042,202	$-64,364
2022	$116,992	$255,431	$2,106,566	$-138,439
2021	$95,738	$256,077	$2,239,307	$-160,339
2020	$-430,269	$385,735	$2,399,646	$-816,004
2019	$89,950	$238,321	$3,217,243	$-148,371
2018	$152,637	$365,376	$3,364,021	$-212,739

ALLEGHENY CLARION DEVELOPMENT CORP