GREATER MARION COMMUNITY AREA NEW DEVELOPMENT-CAN DO (EIN 341721291) - 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

1993

Legal Domicile

Principal Officer

KEVIN SMITH

Phone

7403872267

Tax Period

2024-01-01 to 2024-12-31

GREATER MARION COMMUNITY AREA NEW DEVELOPMENT-CAN DO, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $202K in total revenue in fiscal year 2024. Expenses of $297K exceeded revenue, resulting in a 47% operating deficit.

Mission

PROMOTING GROWTH AND EXPANSION OF JOBS AND COMMUNITY BENEFITS FOR MARION CITY & COUNTY

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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 $188,315

Program Service Revenue $0

Investment Income $3,493

Other Revenue $9,821

TOTAL REVENUE $201,629

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,076

Fundraising Expenses $0

Program Expenses $211,254

Other Expenses $150,055

TOTAL EXPENSES $297,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,629	$203,859	0.0%
Expenses	$297,131	$231,905	+0.3%
Net Income	$-95,502	$-28,046	+2.4%

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

N/A

Employees

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
LESLIE ARMSTRONG	BOARD MEMBER	0.33	Director	$0	$0	$0
JEREMY BYERS	BOARD MEMBER	0.33	Director	$0	$0	$0
RYAN MCCALL	BOARD MEMBER	0.33	Director	$0	$0	$0
EVELYN WARR-OMNESS	BOARD MEMBER	0.33	Director	$0	$0	$0
DAN DREHER	2ND VICE CHAIR	0.33	Officer Director	$0	$0	$0
KEVIN SMITH	1ST VICE CHAIR	0.33	Officer Director	$0	$0	$0
SPENCER MATHEWS	BOARD MEMBER	0.33	Director	$0	$0	$0
JENNIFER ADAMS	PAST CHAIR	0.33	Officer Director	$0	$0	$0
BILL COLLINS	MAYOR	0.00	Director	$0	$0	$0
TAMI GALLOWAY	BOARD MEMBER	0.33	Director	$0	$0	$0
GARY SIMS	SEC/TREASURER	0.33	Officer Director	$0	$0	$0
VIDYA IYENGAR	BARD MEMBER	0.33	Director	$0	$0	$0
JOE JAKUBICK	BOARD MEMBER	0.33	Director	$0	$0	$0
SCOTT BALLENGER	BOARD MEMBER	0.33	Director	$0	$0	$0
HOWARD SMITH	BOARD MEMBER	0.33	Director	$0	$0	$0
ROXANE SOMERLOT	CHAIR	0.33	Officer Director	$0	$0	$0
GUS COMSTOCK	Director	40.00	Director	$0	$0	$0
DENNY FERGUSON	EXECUTIVE ASSIS	40.00	Director	$0	$0	$0
LARS OLSON	BOARD MEMBER	0.33	Director	$0	$0	$0
KERR MURRAY	AT LARGE	0.33	Officer Director	$0	$0	$0
JIM PAROBEK	BOARD MEMBER	0.33	Director	$0	$0	$0
MATT POLLOCL	BOARD MEMBER	0.33	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	$201,629	$297,131	$141,657	$-95,502
2023	$203,859	$231,905	$241,088	$-28,046
2022	$201,295	$242,478	$268,898	$-41,183
2021	$350,855	$267,065	$309,807	$83,790
2018	$229,597	$233,251	$242,090	$-3,654

GREATER MARION COMMUNITY AREA NEW DEVELOPMENT-CAN DO