COMMUNITY REINVESTMENT FOUNDATION X INC (EIN 351986796) - 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

1996

Legal Domicile

Principal Officer

DAVID COOPER

Phone

3175542100

Tax Period

2024-04-01 to 2025-03-31

COMMUNITY REINVESTMENT FOUNDATION X INC, founded in 1996, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2024. Revenue surged 559% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES. OWN AND OPERATE A 94 UNIT APARTMENT COMMUNITY IN INDIANAPOLIS, INDIANA.

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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 $0

Program Service Revenue $1,014,764

Investment Income $7,030,847

Other Revenue $0

TOTAL REVENUE $8,045,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,581

Fundraising Expenses $0

Program Expenses $8,032,160

Other Expenses $7,893,579

TOTAL EXPENSES $8,032,160

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,045,611	$1,221,076	+5.6%
Expenses	$8,032,160	$1,139,897	+6.0%
Net Income	$13,451	$81,179	-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

Governance

Voting Members

Independent Members

Employees

N/A

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

$322,702

Total Directors

$322,702

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DAVID COOPER	PRESIDENT	Officer Director	$0	$0	$322,702
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
2025	$8,045,611	$8,032,160	No data	$13,451
2024	$1,221,076	$1,139,897	$1,756,356	$81,179
2023	$1,148,221	$1,332,461	$1,753,844	$-184,240
2022	$1,104,753	$907,679	$1,977,867	$197,074
2021	$975,649	$1,015,210	$1,839,201	$-39,561
2020	$948,428	$959,019	$1,959,689	$-10,591

COMMUNITY REINVESTMENT FOUNDATION X INC