COMMON WEALTH INC (EIN 341517533) - 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

1986

Legal Domicile

Principal Officer

PAT ROSENTHAL

Phone

3307442667

Tax Period

2024-01-01 to 2024-12-31

COMMON WEALTH INC, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $208K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $504K exceeded revenue, resulting in a 142% operating deficit.

Mission

ORGANIZED TO PROVIDE EDUCATION, TECHNICAL ASSISTANCE, AND SUPPORT SERVICES TO ASSIST IN THE DEVELOPMENT AND GROWTH OF DEMOCRATICALLY-OWNED AND MANAGED ENTERPRISES AND TO SUPPORT EFFORTS TO CREATE JOBS AND ASSIST THE LOCAL ECONOMY.

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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 $100

Program Service Revenue $175,584

Investment Income $13,141

Other Revenue $19,214

TOTAL REVENUE $208,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,456

Fundraising Expenses $617

Program Expenses $456,415

Other Expenses $320,140

TOTAL EXPENSES $503,596

Year-over-Year Comparison

	2024	2023	Change
Revenue	$208,039	$729,959	-0.7%
Expenses	$503,596	$556,367	-0.1%
Net Income	$-295,557	$173,592	-2.7%

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

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

$58,693

Total Directors

$23,995

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANNE BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN BLACKSHIRE	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES CONVERSE	SECRETARY	15.00	Officer Director	$23,995	$0	$23,995
FRANK KRIECH	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN CORBIN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC JONES	DIRECTOR	1.00	Director	$0	$0	$0
PAT ROSENTHAL	EXECUTIVE DIRECTOR	40.00	Officer	$32,304	$2,394	$34,698

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	$208,039	$503,596	$9,910,672	$-295,557
2023	$729,959	$556,367	$10,124,663	$173,592
2022	$969,736	$526,438	$9,960,606	$443,298
2021	$392,371	$496,860	$9,565,666	$-104,489
2020	$471,357	$600,921	$9,766,359	$-129,564
2019	$265,610	$628,782	$9,782,306	$-363,172
2018	$1,090,800	$605,890	$3,168,314	$484,910

COMMON WEALTH INC