COMMONBOND COMMUNITIES (EIN 411260469) - 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

1971

Legal Domicile

Principal Officer

JENNIFER ANDERSON

Phone

6512911750

Tax Period

2024-01-01 to 2024-12-31

COMMONBOND COMMUNITIES, founded in 1971, is a mid-sized nonprofit that reported $52.4M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.3M, a strong 27% operating margin.

Mission

COMMONBOND'S MISSION IS TO BUILD STABLE HOMES, STRONG FUTURES AND VIBRANT COMMUNITIES.

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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 $27,737,083

Program Service Revenue $17,661,581

Investment Income $6,979,506

Other Revenue $0

TOTAL REVENUE $52,378,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,088,921

Fundraising Expenses $2,355,857

Program Expenses $34,714,083

Other Expenses $29,948,907

TOTAL EXPENSES $38,037,828

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,378,170	$30,085,604	+0.7%
Expenses	$38,037,828	$43,690,104	-0.1%
Net Income	$14,340,342	$-13,604,500	-2.1%

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

121

Volunteers

167

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

$589,906

Total Directors

$318,395

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEIDRE SCHMIDT	PRESIDENT & CEO	40.00	Officer Director	$297,141	$21,254	$318,395
BARB TRETHEWAY	SECRETARY	1.00	Officer Director	$0	$0	$0
CINDY KOCH	TREASURER	1.00	Officer Director	$0	$0	$0
MATT SCHRINER	DIRECTOR	1.00	Director	$0	$0	$0
JAMAL ADAM	DIRECTOR	1.00	Director	$0	$0	$0
WADE C LAU	DIRECTOR	1.00	Director	$0	$0	$0
TASHA ALEXANDER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
EVA STEVENS	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE BROOKSHIRE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BERNIER	CHAIR	1.00	Officer Director	$0	$0	$0
R PARTICIA TRISH KELLY	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN REMARK	DIRECTOR	1.00	Director	$0	$0	$0
SITA MORANTZ	DIRECTOR	1.00	Director	$0	$0	$0
VALERIE SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER THAO	DIRECTOR	1.00	Director	$0	$0	$0
SHAILJA AMBROSE	DIRECTOR	1.00	Director	$0	$0	$0
FATIMA MOORE	DIRECTOR	1.00	Director	$0	$0	$0
MOHAMED OMAR	DIRECTOR	1.00	Director	$0	$0	$0
MARK RUNKEL	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE TURNER	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA RILEY	EVP OF RISK MANAGEMENT	1.00	Officer	$0	$15,031	$174,002
JENNIFER ANDERSON	INTERIM CFO	1.00	Officer	$0	$6,194	$97,509
THOMAS ADAMS	EXECUTIVE VP OF HOUSING SERVICES	1.00	Highest	$0	$23,297	$225,273
KAREN LAW	EXECUTIVE VP OF TALENT EQUITY, CULTURE	1.00	Highest	$0	$13,683	$201,933
HEIDI RATHMANN	INTERIM VP OF A&D	1.00	Highest	$171,322	$10,079	$181,401

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	$52,378,170	$38,037,828	$212,412,152	$14,340,342
2023	$30,085,604	$43,690,104	$155,333,150	$-13,604,500
2022	$26,682,469	$22,407,633	$167,271,935	$4,274,836
2021	$28,132,790	$22,406,311	$162,416,723	$5,726,479
2020	$26,340,602	$22,095,008	$172,606,742	$4,245,594
2019	$23,467,114	$19,939,413	$147,308,647	$3,527,701
2018	$19,129,360	$15,646,247	$127,830,731	$3,483,113

COMMONBOND COMMUNITIES