COMFREY DEVELOPMENT GROUP INC (EIN 411276902) - 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

1977

Legal Domicile

Phone

5078776301

Tax Period

2024-01-01 to 2024-12-31

COMFREY DEVELOPMENT GROUP INC, founded in 1977, is a small nonprofit that reported $155K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $148K left a modest 5% surplus.

Mission

Rental apartments

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $154,762

TOTAL REVENUE $154,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,965

Fundraising Expenses $132,702

Program Expenses $0

Other Expenses $132,702

TOTAL EXPENSES $147,667

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,762	$187,916	-0.2%
Expenses	$147,667	$185,845	-0.2%
Net Income	$7,095	$2,071	+2.4%

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

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

Total Directors

Key Employees

$8,400

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gail Lingbeek	Manager	20	Key Emp	$8,400	$0	$8,400
Peter Samuelson	Director	0	Director	$0	$0	$0
Nick Ludewig	Director	0	Director	$0	$0	$0
Jeff Veerkamp	Director	0	Director	$0	$0	$0
Todd Pidde	Director	0	Director	$0	$0	$0
Gary Richter	President	0	Officer	$0	$0	$0
Steven Berberich	Vice President	0	Officer	$0	$0	$0
Susan Evers	Secretary	0	Officer	$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
2025	No data	No data	No data	No data
2024	$154,762	$147,667	$521,149	$7,095
2023	$187,916	$185,845	$507,796	$2,071
2022	$106,311	$106,651	$539,789	$-340
2021	$104,810	$105,362	$595,143	$-552
2020	$107,935	$107,288	$599,498	$647

COMFREY DEVELOPMENT GROUP INC