COMMUNITY DEVELOPMENT FINANCE ALLI… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

AMY ROWLAND

Phone

8015571537

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY DEVELOPMENT FINANCE ALLIANCE, founded in 2010, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

SERVE OR PROVIDE INVESTMENT CAPITAL TO LOW INCOME COMMUNITIES OR LOW INCOME PERSONS WITHIN THE ORGANIZATION'S DESIGNATED SERVICE AREA.

Program Service Accomplishments

Program 1

Expenses: $1,606,198

THE ORGANIZATION'S PRIMARY ACTIVITIES ARE CENTERED IN PROVIDING TAX CREDITS TO INVESTORS MAKING QUALIFIED LOW INCOME COMMUNITY INVESTMENTS TO QUALIFIED ACTIVE LOW INCOME COMMUNITY BUSINESSES IN...

THE ORGANIZATION'S PRIMARY ACTIVITIES ARE CENTERED IN PROVIDING TAX CREDITS TO INVESTORS MAKING QUALIFIED LOW INCOME COMMUNITY INVESTMENTS TO QUALIFIED ACTIVE LOW INCOME COMMUNITY BUSINESSES IN ACCORDANCE WITH NMTC REQUIREMENTS.

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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 $0

Program Service Revenue $491,443

Investment Income $1,199,630

Other Revenue $25,000

TOTAL REVENUE $1,716,073

Expense Breakdown

Grants Paid $0

Salaries & Benefits $462,113

Fundraising Expenses $0

Program Expenses $1,606,198

Other Expenses $1,291,215

TOTAL EXPENSES $1,753,328

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,716,073	$1,880,804	-0.1%
Expenses	$1,753,328	$1,873,899	-0.1%
Net Income	$-37,255	$6,905	-6.4%

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

$175,058

Total Directors

$175,058

Key Employees

$307,476

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY HALE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM WHETSTONE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WENDY LEONELLI	SECRETARY / TREASURER	1.00	Officer Director	$0	$0	$0
KIMBERLY PAULDING	DIRECTOR	1.00	Officer Director	$0	$0	$0
AMY ROWLAND	PRESIDENT	40.00	Officer Director Key Emp Highest	$175,058	$0	$175,058
NEFI GAMEZ	DIRECTOR	1.00	Officer Director	$0	$0	$0
STACI L OLSEN	PROGRAM MANAGER	40.00	Key Emp Highest	$132,418	$0	$132,418

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	$1,716,073	$1,753,328	$40,112,222	$-37,255
2023	$1,880,804	$1,873,899	$48,734,905	$6,905
2022	$1,858,553	$1,844,654	$50,189,963	$13,899
2021	$1,876,046	$1,865,336	$56,515,691	$10,710
2020	$2,295,562	$2,046,004	$54,549,295	$249,558
2019	$2,157,357	$1,722,215	$54,269,736	$435,142
2018	$1,545,149	$1,307,587	$35,245,175	$237,562

COMMUNITY DEVELOPMENT FINANCE ALLIANCE