COMMUNITY REINVESTMENT FOUNDATION XII INC (EIN 351992145) - 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

2023-04-01 to 2024-03-31

COMMUNITY REINVESTMENT FOUNDATION XII INC, founded in 1996, is a small nonprofit that reported $267K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $304K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME SENIORS. OWN AND OPERATES A 33 UNIT APARTMENT COMMUNITY IN BLOOMINGTON, INDIANA PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $267,050

Investment Income $23

Other Revenue $0

TOTAL REVENUE $267,073

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,469

Fundraising Expenses $0

Program Expenses $303,637

Other Expenses $234,168

TOTAL EXPENSES $303,637

Year-over-Year Comparison

	2023	2022	Change
Revenue	$267,073	$231,724	+0.2%
Expenses	$303,637	$328,956	-0.1%
Net Income	$-36,564	$-97,232	-0.6%

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

$213,304

Total Directors

$213,304

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DAVID COOPER	PRESIDENT	Officer Director	$0	$0	$213,304
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
2024	$267,073	$303,637	$1,835,223	$-36,564
2023	$231,724	$328,956	$1,881,929	$-97,232
2022	$230,426	$293,672	$1,966,918	$-63,246
2021	$217,654	$260,348	$2,029,392	$-42,694
2020	$206,189	$275,053	$2,082,223	$-68,864

COMMUNITY REINVESTMENT FOUNDATION XII INC