COMMONBOND ENDOWMENT CORPORATION (EIN 300186930) - 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

2003

Legal Domicile

Principal Officer

DEIDRE SCHMIDT

Phone

6512911750

Tax Period

2024-01-01 to 2024-12-31

COMMONBOND ENDOWMENT CORPORATION, founded in 2003, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $1.2M, a strong 97% operating margin.

Mission

TO SOLICIT GRANTS & CONTRIBUTIONS TO BENEFIT COMMONBOND COMMUNITIES.

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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 $0

Investment Income $1,219,373

Other Revenue $0

TOTAL REVENUE $1,219,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,120

Other Expenses $35,720

TOTAL EXPENSES $35,720

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,219,373	$1,351,905	-0.1%
Expenses	$35,720	$32,127	+0.1%
Net Income	$1,183,653	$1,319,778	-0.1%

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

$589,906

Total Directors

$589,906

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEIDRE SCHMIDT	PRESIDENT AND CEO	1.00	Officer Director	$0	$21,254	$318,395
CINDY KOCH	CHAIR	1.00	Officer Director	$0	$0	$0
JAMAL ADAM	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA RILEY	FORMER CHIEF FINANCIAL OFFICER	1.00	Officer Director	$0	$15,031	$174,002
ERIC LIND	DIRECTOR	1.00	Director	$0	$0	$0
MOHAMED OMAR	DIRECTOR	1.00	Director	$0	$0	$0
MATT SCHRINER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER THAO	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER ANDERSON	INTERIM CHIEF FINANICAL OFFICER	1.00	Officer Director	$0	$6,194	$97,509
HEIDI RATHMANN-SMITH	EXECUTIVE VP OF REAL ESTATE	1.00	Highest	$0	$10,079	$181,401
KAREN LAW	EXECUTIVE VP OF TALENT, EQUITY, CULTURE	1.00	Highest	$0	$13,683	$201,933
THOMAS ADAMS	EXECUTIVE VP OF HOUSING SERVICES	1.00	Highest	$0	$23,297	$225,273
CHADWICK JOHNSON	VP OF OPERATIONS	1.00	Highest	$0	$12,119	$162,311
ADAM FAITEK	VICE PRESIDENT OF DEVELOPMENT	1.00	Highest	$0	$12,269	$158,771

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	$1,219,373	$35,720	$11,309,509	$1,183,653
2023	$1,351,905	$32,127	$12,852,132	$1,319,778
2022	$636,029	$29,981	$11,460,037	$606,048
2021	$902,701	$27,708	$14,217,592	$874,993
2020	$812,808	$24,021	$13,279,415	$788,787
2019	$443,098	$23,674	$11,734,600	$419,424
2018	$377,405	$22,958	$10,106,428	$354,447

COMMONBOND ENDOWMENT CORPORATION