MADISON REVITALIZATION AND COMMUNITY DEVELOPMENT CORPORATION (EIN 391940074) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

MATTHEW WACHTER

Phone

6082664071

Tax Period

2024-01-01 to 2024-12-31

MADISON REVITALIZATION AND COMMUNITY DEVELOPMENT CORPORATION, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $464K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $397K left a modest 15% surplus.

Mission

TO SERVE AND BE ACCOUNTABLE TO LOW-INCOME PERSONS AND COMMUNITIES THROUGH REPRESENTATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $464,493

Investment Income $1

Other Revenue $0

TOTAL REVENUE $464,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $396,833

Other Expenses $396,833

TOTAL EXPENSES $396,833

Year-over-Year Comparison

	2024	2023	Change
Revenue	$464,494	$501,084	-0.1%
Expenses	$396,833	$317,425	+0.3%
Net Income	$67,661	$183,659	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
GREG REED	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY STRICKLAND	TREASURER	1.00	Officer Director	$0	$0	$0
MATTHEW WACHTER	SECRETARY	1.00	Officer Director	$0	$0	$0
SHERI CARTER	DIRECTOR UNTIL 6/24	1.00	Director	$0	$0	$0
TAG EVERS	DIRECTOR	1.00	Director	$0	$0	$0
DEWAYNE GRAY	DIRECTOR	1.00	Director	$0	$0	$0
KELDA ROYS	DIRECTOR UNTIL 6/24	1.00	Director	$0	$0	$0
MADELINE O'CONNOR	PRESIDENT	1.00	Officer Director	$0	$0	$0
ISADORE KNOWS JR	DIRECTOR BEGINNING 6/24	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	$464,494	$396,833	$4,043,928	$67,661
2023	$501,084	$317,425	$2,160,902	$183,659
2022	$813,455	$253,971	$641,786	$559,484

MADISON REVITALIZATION AND COMMUNITY DEVELOPMENT CORPORATION