PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION (EIN 352175243) - 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

2002

Legal Domicile

Principal Officer

JUAN SALGADO

Phone

6022626242

Tax Period

2023-01-01 to 2023-12-31

PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 47% operating margin.

Mission

TO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION THROUGH SERVING OR PROVIDING INVESTMENT CAPITAL FOR QUALIFIED LOW-INCOME COMMUNITIES THROUGH COMMUNITY DEVELOPMENT ENTITIES IN ACCORDANCE WITH INTERNAL REVENUE CODE SECTION 45D AND THE TREASURY REGULATIONS THEREUNDER.

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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 $653,162

Program Service Revenue $1,819,214

Investment Income $1,300,324

Other Revenue $0

TOTAL REVENUE $3,772,700

Expense Breakdown

Grants Paid $720,263

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,215,263

Other Expenses $1,262,371

TOTAL EXPENSES $1,982,634

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,772,700	$2,168,973	+0.7%
Expenses	$1,982,634	$5,173,835	-0.6%
Net Income	$1,790,066	$-3,004,862	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN BARNES	CHAIR	1.00	Officer Director	$0	$0	$0
JOHN CHAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KATHLEEN GITKIN	TREASURER	1.00	Officer Director	$0	$0	$0
JULIA KARL	BOARD MEMBER	1.00	Director	$0	$0	$0
TITUS MATTHEW	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIO VENTURA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH LOSADA	BOARD MEMBER	1.00	Director	$0	$0	$0
GINGER SPENCER	CHAIR EMERITUS	1.00	Director	$0	$0	$0
JUAN SALGADO	CHIEF EXECUTIVE OFFICER	10.00	Officer	$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	No data	No data	No data	No data
2023	$3,772,700	$1,982,634	$39,320,171	$1,790,066
2022	$2,168,973	$5,173,835	$37,376,403	$-3,004,862
2021	$6,695,939	$2,402,409	$40,907,790	$4,293,530
2020	$4,693,317	$3,042,872	$36,272,976	$1,650,445
2019	$2,956,474	$1,026,086	$34,334,158	$1,930,388
2018	$4,355,617	$1,569,477	$31,845,984	$2,786,140

PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION