COMMUNITY REINVESTMENT FOUNDATION IV INC (EIN 351870899) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

DAVID COOPER

Phone

3175542100

Tax Period

2021-04-01 to 2022-03-31

COMMUNITY REINVESTMENT FOUNDATION IV INC, founded in 1992, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2021. Revenue surged 724% from the prior year, signaling strong growth momentum. Expenses of $5.9M left a modest 9% surplus.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS. OWN AND OPERATE A 96 UNIT APARTMENT COMMUNITY IN SHELBYVILLE, INDIANA PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $514,034

Investment Income $5,945,802

Other Revenue $0

TOTAL REVENUE $6,459,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,193

Fundraising Expenses $0

Program Expenses $5,893,493

Other Expenses $5,775,300

TOTAL EXPENSES $5,893,493

Year-over-Year Comparison

	2021	2020	Change
Revenue	$6,459,836	$784,112	+7.2%
Expenses	$5,893,493	$825,781	+6.1%
Net Income	$566,343	$-41,669	-14.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$296,522

Total Directors

$296,522

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DAVID COOPER	PRESIDENT	Officer Director	$0	$8,399	$296,522
TIM SHROUT	DIRECTOR	Director	$0	$0	$0
TIM PAINO	SECRETARY AND TREASURER	Officer Director	$0	$0	$0
ADAM BOCIK	DIRECTOR	Director	$0	$0	$0
WILLIAM TIBBETS	DIRECTOR	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
2022	$6,459,836	$5,893,493	No data	$566,343
2021	$784,112	$825,781	$1,862,712	$-41,669
2020	$770,887	$786,506	$1,956,901	$-15,619

COMMUNITY REINVESTMENT FOUNDATION IV INC