THE CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS (EIN 352453640) - 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

2012

Legal Domicile

Principal Officer

JOHN GUIDUGLI

Phone

5136078732

Tax Period

2024-01-01 to 2024-12-31

THE CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 4% surplus.

Mission

CORE'S MISSION IS TO ACCELERATE HAMILTON'S URBAN RENAISSANCE THROUGH TARGETED INVESTMENTS IN REAL ESTATE DEVELOPMENT OR REDEVELOPED PROJECTS IN THE CITY'S URBAN CORE.

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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 $570,000

Program Service Revenue $547,606

Investment Income $31,061

Other Revenue $0

TOTAL REVENUE $1,148,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,069,777

Other Expenses $1,099,971

TOTAL EXPENSES $1,099,971

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,148,667	$716,659	+0.6%
Expenses	$1,099,971	$936,457	+0.2%
Net Income	$48,696	$-219,798	-1.2%

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

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
RICK DEMMEL	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL DINGELDEIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN GUIDUGLI	CHAIR	1.00	Officer Director	$0	$0	$0
JEFF JUDD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS MOTLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CRAIG WILKS	SECRETARY	1.00	Officer Director	$0	$0	$0
WALLY ZANCAN	BOARD MEMBER	1.00	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	$1,148,667	$1,099,971	$11,902,465	$48,696
2023	$716,659	$936,457	$11,770,152	$-219,798
2022	$1,730,191	$1,531,617	$11,949,218	$198,574
2022	$1,548,402	$1,239,268	$12,265,966	$309,134
2021	$1,185,255	$1,125,096	$11,806,690	$60,159
2020	$1,972,660	$1,251,737	$12,082,074	$720,923
2019	$1,059,171	$1,639,174	$12,337,166	$-580,003
2018	$952,525	$1,649,448	$12,475,432	$-696,923

THE CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS