KALAMAZOO COMMUNITY FOUNDATION REAL ESTATE HOLDINGS INC (EIN 383245468) - 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

1995

Legal Domicile

Principal Officer

JOSHUA SLEDGE

Phone

2693814416

Tax Period

2024-01-01 to 2024-12-31

KALAMAZOO COMMUNITY FOUNDATION REAL ESTATE HOLDINGS INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $515K in total revenue in fiscal year 2024. Expenses of $699K exceeded revenue, resulting in a 36% operating deficit.

Mission

SUPPORTING ORGANIZATION TO KALAMAZOO COMMUNITY FOUNDATION

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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 $295,818

Program Service Revenue $210,000

Investment Income $8,883

Other Revenue $0

TOTAL REVENUE $514,701

Expense Breakdown

Grants Paid $209,864

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $695,571

Other Expenses $489,592

TOTAL EXPENSES $699,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$514,701	$-35,283	-15.6%
Expenses	$699,456	$496,008	+0.4%
Net Income	$-184,755	$-531,291	-0.7%

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

$397,965

Total Directors

$397,965

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE LUBWAMA	CEO/PRESIDENT	1.00	Officer Director	$0	$33,301	$397,965
VON WASHINGTON	DIRECTOR	0.10	Director	$0	$0	$0
JORGE GONZALEZ	DIRECTOR	0.10	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	$514,701	$699,456	$4,306,648	$-184,755
2023	$-35,283	$496,008	$4,460,862	$-531,291
2022	$278,309	$426,964	$4,970,851	$-148,655
2021	$290,507	$291,476	$6,437,987	$-969
2020	$1,106,573	$633,870	$6,384,917	$472,703
2019	$128,348	$1,182,824	$5,851,293	$-1,054,476
2018	$1,651,182	$321,232	$6,950,776	$1,329,950

KALAMAZOO COMMUNITY FOUNDATION REAL ESTATE HOLDINGS INC