COMMUNITY ASSET PRESERVATION CORPORATION (EIN 264008074) - 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

2009

Legal Domicile

Principal Officer

BERNEL HALL

Phone

7326402061

Tax Period

2023-10-01 to 2024-09-30

COMMUNITY ASSET PRESERVATION CORPORATION, founded in 2009, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.5M in total revenue in fiscal year 2023. Revenue surged 194% from the prior year, signaling strong growth momentum. Expenses of $18.5M exceeded revenue, resulting in a 47% operating deficit.

Mission

STABILIZE NEIGHBORHOODS, PROTECT HOUSEHOLD FORECLOSURE RISK, RETURN VACANT FORECLOSED PROPERTY.STABILIZE NEIGHBORHOODS, PROTECT HOUSEHOLD FORECLOSURE RISK, RETURN VACANT FORECLOSED PROPERTY TO HABITABLE CONDITIONS, AND TO INCREASE THE AVAILABILITY OF AFFORDABLE HOUSING.

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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 $4,825,526

Program Service Revenue $1,152,860

Investment Income $6,783,612

Other Revenue $-229,226

TOTAL REVENUE $12,532,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,701,147

Fundraising Expenses $147

Program Expenses $18,374,216

Other Expenses $15,751,337

TOTAL EXPENSES $18,452,484

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,532,772	$4,257,789	+1.9%
Expenses	$18,452,484	$5,880,229	+2.1%
Net Income	$-5,919,712	$-1,622,440	+2.6%

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

$1,273,379

Total Directors

Key Employees

$468,087

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG B GUNSELMAN	BOARD CHAIR	1.00	Director	$0	$0	$0
PAUL ALEXANDER	VICE CHAIR	1.00	Director	$0	$0	$0
LINWOOD L ROBBINS	TREASURER	1.00	Director	$0	$0	$0
BRYAN LONG	SECRETARY	1.00	Director	$0	$0	$0
MICHELLE E RICHARDSON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
EVAN WEISS	BOARD DIRECTOR	1.00	Director	$0	$0	$0
LYNEIR RICHARDSON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
SABRINA N CONYERS	BOARD DIRECTOR (BEG 01/24)	1.00	Director	$0	$0	$0
MARIA VIZCARRONDO	BOARD DIRECTOR (END 09/24)	1.00	Director	$0	$0	$0
PILAR HOGAN CLOSKEY	BOARD DIRECTOR (END 03/24)	1.00	Director	$0	$0	$0
BERNEL HALL	PRESIDENT & CHIEF EXECUTIVE OFFICER	9.00	Officer	$0	$38,513	$522,367
JOHN D ALLEN IV	CHIEF FINANCIAL OFFICER	9.00	Officer	$0	$956	$213,651
MELINDA COLON-COX	GEN. COUNSEL & CHIEF COMPLIANCE OFFICER	9.00	Officer	$0	$57,869	$354,845
STEVEN KACZYNSKI	CONTROLLER	9.00	Officer	$0	$17,139	$182,516
RYAN JOHNSON	MANAGING DIRECTOR, REAL ESTATE	50.00	Key Emp	$0	$48,062	$283,936
CHRISTOPHER GIAMETTA	DIRECTOR, CONSTRUCTION	50.00	Key Emp	$0	$5,153	$184,151
DANIELLE M ROSEN	DIRECTOR OF OPERATIONS, CAPC	40.00	Highest	$0	$3,846	$137,488
RAUL CABRERA	BROKER OF RECORD	40.00	Highest	$0	$44,393	$169,092
MARIANNE HARRIS	ASSOCIATE DIRECTOR, PROPERTY MGMT	40.00	Highest	$0	$618	$104,899
ANNETTE GUNN	COLLECTIONS MANAGER	40.00	Highest	$0	$5,109	$106,716

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	$12,532,772	$18,452,484	$70,380,749	$-5,919,712
2023	$4,257,789	$5,880,229	$80,382,256	$-1,622,440
2022	$5,569,179	$5,097,688	$74,988,082	$471,491
2021	$10,061,952	$5,607,378	$76,386,881	$4,454,574
2020	$6,263,824	$6,341,111	$64,186,538	$-77,287
2019	$4,464,576	$5,462,329	$78,479,388	$-997,753
2018	$3,677,577	$3,765,096	$72,027,110	$-87,519

COMMUNITY ASSET PRESERVATION CORPORATION