WARSAW COMMUNITY DEVELOPMENT CORPORATION (EIN 310984856) - 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

1980

Legal Domicile

Phone

5742676311

Tax Period

2023-01-01 to 2023-12-31

WARSAW COMMUNITY DEVELOPMENT CORPORATION, founded in 1980, is a small nonprofit in the Community Improvement sector that reported $155K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 47% operating margin.

Mission

TO FURTHER THE DEVELOPMENT OF DOWNTOWN WARSAW AND PROMOTE AND ASSIST THE GROWTH ANDDEVELOPMENT OF BUSINESS CONCERNS

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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 $45,922

Program Service Revenue $42,818

Investment Income $55,807

Other Revenue $10,153

TOTAL REVENUE $154,700

Expense Breakdown

Grants Paid $25,327

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,306

Other Expenses $56,924

TOTAL EXPENSES $82,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,700	$111,693	+0.4%
Expenses	$82,251	$96,379	-0.1%
Net Income	$72,449	$15,314	+3.7%

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
NATE CONELY	SEC. TRES.	1.00	Officer Director	$0	$0	$0
CARY GRONINGER	Director	1.00	Director	$0	$0	$0
ROB PARKER	Executive Dir.	10.00	Officer Director	$0	$0	$0
JOE THALLEMER	Director	1.00	Director	$0	$0	$0
JAN ORBAN	Director	1.00	Director	$0	$0	$0
BRENT MARTIN	Vice President	1.00	Officer Director	$0	$0	$0
JULIE ECKEL	President	1.00	Officer Director	$0	$0	$0
KIM CATES	Director	1.00	Director	$0	$0	$0
CINDY DOBBINS	Director	1.00	Director	$0	$0	$0
KATHY GRONINGER	Director	0.00	Director	$0	$0	$0
DEB PATTON SHOWLEY	Director	0.00	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	$154,700	$82,251	$264,694	$72,449
2022	$111,693	$96,379	$165,840	$15,314
2021	$110,663	$94,609	$150,366	$16,054
2020	$87,464	$67,063	$134,312	$20,401
2019	$107,257	$63,955	$113,911	$43,302
2019	$107,257	$59,744	$118,122	$47,513
2018	$85,161	$89,673	$70,609	$-4,512

WARSAW COMMUNITY DEVELOPMENT CORPORATION