NEIGHBORHOOD DEVELOPMENT CORPORATION (EIN 264669601) - 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

MIKE MESCH

Phone

3195387732

Tax Period

2022-01-01 to 2022-12-31

NEIGHBORHOOD DEVELOPMENT CORPORATION, founded in 2009, is a micro nonprofit that reported $4K in total revenue in fiscal year 2022. Revenue fell 18385% from the prior year — a significant decline worth monitoring.

Mission

ACQUISTION AND REDEVELOPMENT OF DETERIORATED PROPERTIES IN CEDAR RAPIDS, IOWA

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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 $0

Investment Income $-3,657

Other Revenue $0

TOTAL REVENUE $-3,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,157

Other Expenses $5,189

TOTAL EXPENSES $5,189

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-3,657	$20	-183.9%
Expenses	$5,189	$14,432	-0.6%
Net Income	$-8,846	$-14,412	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE MESCH	TREASURER	0.50	Officer Director	$0	$0	$0
STEVE EMERSON	DIRECTOR	0.50	Officer Director	$0	$0	$0
AL PIERSON	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
BRUCE ANDERSON	SECRETARY	0.50	Officer Director	$0	$0	$0
JENNIFER SKOGMAN	DIRECTOR	0.50	Director	$0	$0	$0
TERI PETRZALEK	PRESIDENT	0.50	Director	$0	$0	$0
BILL PROWELL	DIRECTOR	0.50	Director	$0	$0	$0
MARTY HOEGER	DIRECTOR	0.50	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
2022	$-3,657	$5,189	No data	$-8,846
2021	$20	$14,432	$32,298	$-14,412
2020	$9,324	$71,629	$48,207	$-62,305
2019	$50,104	$76,891	$296,874	$-26,787
2018	$-233,571	$124,372	$435,707	$-357,943

NEIGHBORHOOD DEVELOPMENT CORPORATION