MC2 COMMUNITY DEVELOPMENT CORPORATION (EIN 273306298) - 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

2010

Legal Domicile

Phone

2024207089

Tax Period

2023-01-01 to 2023-12-31

MC2 COMMUNITY DEVELOPMENT CORPORATION, founded in 2010, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2023. The organization ran a surplus of $963K, a strong 70% operating margin.

Mission

TO SUPPORT THE MEDICAL, SOCIAL AND EDUCATIONAL PURPOSES OF MARY'S CENTER FOR MATERNAL AND CHILD CARE, INC., A 501(C)(3) ORGANIZATION.

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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 $0

Program Service Revenue $1,375,478

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,375,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $412,635

Other Expenses $412,635

TOTAL EXPENSES $412,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,375,478	$1,341,931	+0.0%
Expenses	$412,635	$412,837	0.0%
Net Income	$962,843	$929,094	+0.0%

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

$503,066

Total Directors

$503,066

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHIEF EXECUTIVE OFFICER	0.2	Officer Director	$0	$34,453	$503,066
N/A	CHAIR	0.1	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
2024	No data	No data	No data	No data
2023	$1,375,478	$412,635	$19,219,022	$962,843
2022	$1,341,931	$412,837	$18,256,179	$929,094
2021	$1,309,200	$412,809	$17,327,085	$896,391
2020	$1,277,268	$412,792	$16,430,694	$864,476
2019	$1,246,115	$414,845	$15,566,218	$831,270
2018	$1,215,722	$412,779	$14,734,948	$802,943

MC2 COMMUNITY DEVELOPMENT CORPORATION