MASSACHUSETTS AVENUE COMMUNITY DEVELOPMENT CORPORATION

EIN: 351973025 501(c)(3) Community Improvement

INDIANAPOLIS, IN

Total Revenue
$7
Total Expenses
$2,060
Total Assets
$510,835
Net Assets
$510,835
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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
1998
Legal Domicile
IN
Principal Officer
ISAIAH KUCH
Phone
3173275887
Tax Period
2022-01-01 to 2022-12-31

MASSACHUSETTS AVENUE COMMUNITY DEVELOPMENT CORPORATION, founded in 1998, is a micro nonprofit in the Community Improvement sector that reported $7 in total revenue in fiscal year 2022. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $2K exceeded revenue, resulting in a 29329% operating deficit.

Mission

TO ENCOURAGE, SUPPORT AND ASSIST GROUPS TO ENGAGE IN SOCIAL, CULTURAL, AND ECONOMIC REDEVELOPMENT AND REHABILITATION IN THE MASS. AVE. COMMERCIAL DISTRICT.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $7

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,060
TOTAL EXPENSES $2,060

Year-over-Year Comparison

2022 2021 Change
Revenue $7 $5 +0.4%
Expenses $2,060 $12,150 -0.8%
Net Income $-2,053 $-12,145 -0.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE THORNTON DIRECTOR 1.00
Director
$0 $0 $0
SUSAN WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
ALEX ROGERS DIRECTOR 1.00
Director
$0 $0 $0
MARTHA O'CONNOR DIRECTOR 1.00
Director
$0 $0 $0
TOM HANIFY DIRECTOR 1.00
Director
$0 $0 $0
KYLE J WILLIS PRESIDENT 1.00
Officer 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 $7 $2,060 $510,835 $-2,053
2021 $5 $12,150 $512,888 $-12,145
2020 $52 $48,991 $525,033 $-48,939
2019 $73 $52,793 $573,972 $-52,720
2018 $71 $98,861 $626,692 $-98,790
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