CARNEGIE COMMUNITY DEVELOPMENT CORPORATION (EIN 251698524) - 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

1992

Legal Domicile

Principal Officer

Gregory McGuire

Phone

4129263227

Tax Period

2024-05-01 to 2025-04-30

CARNEGIE COMMUNITY DEVELOPMENT CORPORATION, founded in 1992, is a micro nonprofit in the Community Improvement sector that reported $16K in total revenue in fiscal year 2024. Revenue surged 343% from the prior year, signaling strong growth momentum. Expenses of $21K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE CCDC IS A NON-PROFIT ORGANIZATION COMMITTED TO ENCOURAGING THE DEVELOPMENT AND GROWTH OF A VIBRANT DIVERSE AND HEALTHY CARNEGIE COMMUNITY THROUGH ENHANCING THE HISTORIC BUSINESS DISTRICT MARKETING ITS UNIQUE LOCATION FOSTERING COLLABORATION AND OWNERSHIP AMONG THE COMMUNITY.

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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 $2,307

Program Service Revenue $0

Investment Income $13,333

Other Revenue $0

TOTAL REVENUE $15,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $173

Program Expenses $19,629

Other Expenses $21,444

TOTAL EXPENSES $21,444

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,640	$3,532	+3.4%
Expenses	$21,444	$41,488	-0.5%
Net Income	$-5,804	$-37,956	-0.8%

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

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
KARYN ROK	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHANE FRANKLIN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GREGORY MCGUIRE	TREASURER	2.00	Officer Director	$0	$0	$0
JUSTIN DANDOY	SECRETARY	2.00	Officer Director	$0	$0	$0
JOANNE LETCHER	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA KLUG	DIRECTOR	2.00	Director	$0	$0	$0
DEREK LUKE	DIRECTOR	2.00	Director	$0	$0	$0
DAN GUSTINE	DIRECTOR	2.00	Director	$0	$0	$0
JEREMY ABEL	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL PLOETZ	DIRECTOR	2.00	Director	$0	$0	$0
MOLLIE CROW	DIRECTOR	2.00	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	$15,640	$21,444	$451,998	$-5,804
2024	$3,532	$41,488	$446,718	$-37,956
2023	$106,638	$96,845	$484,674	$9,793
2022	$220,212	$96,669	$474,881	$123,543
2021	$52,012	$120,700	$351,338	$-68,688
2020	$23,817	$163,035	$420,026	$-139,218
2019	$91,713	$157,429	$559,244	$-65,716

CARNEGIE COMMUNITY DEVELOPMENT CORPORATION