CLIFTON HEIGHTS COMMUNITY URBAN REDEVELOPMENT CORPORATION (EIN 311682502) - 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

1999

Legal Domicile

Principal Officer

MATTHEW BOURGEOIS

Phone

5135640078

Tax Period

2023-01-01 to 2023-12-31

CLIFTON HEIGHTS COMMUNITY URBAN REDEVELOPMENT CORPORATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $871K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $202K, a strong 23% operating margin.

Mission

REDEVELOPMENT OF BLIGHTED URBAN AREAS BY DEVELOPMENT OF REAL PROPERTY.

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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 $730,638

Program Service Revenue $138,337

Investment Income $-1,332

Other Revenue $3,237

TOTAL REVENUE $870,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337,429

Fundraising Expenses $0

Program Expenses $508,336

Other Expenses $331,504

TOTAL EXPENSES $668,933

Year-over-Year Comparison

	2023	2022	Change
Revenue	$870,880	$800,665	+0.1%
Expenses	$668,933	$555,513	+0.2%
Net Income	$201,947	$245,152	-0.2%

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

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

$161,007

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL W DEERING	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN DUBOIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MEGAN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
TOM ERBECK	SECRETARY	1.00	Officer Director	$0	$0	$0
CHIP KUSSMAUL	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW BOURGEOIS	EXECUTIVE DIRECTOR	20.00	Officer	$158,007	$3,000	$161,007

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	$870,880	$668,933	$2,000,078	$201,947
2022	$800,665	$555,513	$1,707,722	$245,152
2021	$1,016,132	$503,206	$1,161,022	$512,926
2020	$763,912	$468,031	$886,045	$295,881
2019	$563,457	$488,239	$2,342,535	$75,218
2018	$335,271	$353,197	$1,964,679	$-17,926

CLIFTON HEIGHTS COMMUNITY URBAN REDEVELOPMENT CORPORATION