Madison Area CLT Corporation (EIN 391680095) - 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

1990

Legal Domicile

Principal Officer

Karen von Huene

Tax Period

2023-01-01 to 2023-12-31

Madison Area CLT Corporation, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $253K, a strong 20% operating margin.

Mission

MACLT liberates land for the benefit of historically marginalized populations at the lowest incomes possible, preserving urban space for community use, and creating deeply and permanently affordable homeownership opportunities for those typically exploited by the housing market.

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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 $986,336

Program Service Revenue $198,874

Investment Income $0

Other Revenue $87,200

TOTAL REVENUE $1,272,410

Expense Breakdown

Grants Paid $659,045

Salaries & Benefits $177,854

Fundraising Expenses $16,048

Program Expenses $935,336

Other Expenses $174,442

TOTAL EXPENSES $1,018,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,272,410	$524,628	+1.4%
Expenses	$1,018,916	$352,847	+1.9%
Net Income	$253,494	$171,781	+0.5%

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

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

$80,472

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Olivia Williams	Executive Director	40.00	Officer Highest	$75,479	$4,993	$80,472
Andy Heidt	Director	0.50	Director	$0	$0	$0
DaMontae January	Director	0.50	Director	$0	$0	$0
Evan Bonsall	Director	0.50	Director	$0	$0	$0
Grace Coleman	Director	0.50	Director	$0	$0	$0
Eva Wingren	Director	0.50	Director	$0	$0	$0
Shaya Schreiber	Treasurer	1.00	Officer Director	$0	$0	$0
Karen von Huene	President	1.50	Officer Director	$0	$0	$0
Robert Paolino	Secretary	1.00	Officer Director	$0	$0	$0
Beth Welch	Vice President	1.50	Officer 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	No data	No data	No data	No data
2023	$1,272,410	$1,018,916	$2,889,094	$253,494
2022	$524,628	$352,847	$3,141,783	$171,781
2021	$118,860	$99,185	$2,730,424	$19,675
2020	$59,963	$48,997	$2,267,160	$10,966
2019	$54,186	$52,176	$2,254,414	$2,010
2018	$55,649	$49,211	$2,252,404	$6,438

Madison Area CLT Corporation