THE RONDO COMMUNITY LAND TRUST (EIN 411753148) - 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

1993

Legal Domicile

Principal Officer

MIKEYA GRIFFIN

Phone

6512219884

Tax Period

2023-01-01 to 2023-12-31

THE RONDO COMMUNITY LAND TRUST, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $9.9M in total revenue in fiscal year 2023. Revenue surged 234% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.2M, a strong 72% operating margin.

Mission

PERMANENTLY AFFORDABLE AND SUSTAINABLE HOMEOWNERSHIP, RENTALS, AND COMMERCIAL OPPORTUNITIES.

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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 $9,649,088

Program Service Revenue $209,393

Investment Income $52,235

Other Revenue $-23,933

TOTAL REVENUE $9,886,783

Expense Breakdown

Grants Paid $966,466

Salaries & Benefits $583,773

Fundraising Expenses $70,303

Program Expenses $2,511,423

Other Expenses $1,174,365

TOTAL EXPENSES $2,724,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,886,783	$2,961,756	+2.3%
Expenses	$2,724,604	$1,414,616	+0.9%
Net Income	$7,162,179	$1,547,140	+3.6%

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

$114,646

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKEYA GRIFFIN	EXECUTIVE DIRECTOR	40.00	Officer	$102,850	$11,796	$114,646
CHARLES BRADLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHANNON BRUNETTE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TRISH DEANDA	TREASURER	1.00	Officer Director	$0	$0	$0
PARIS SERVIN-GONZALES	SECRETARY	1.00	Officer Director	$0	$0	$0
TAMEKA JONES	DIRECTOR	1.00	Director	$0	$0	$0
MELVIN GILES	DIRECTOR	1.00	Director	$0	$0	$0
KRYSTAL D'ALENCAR	DIRECTOR	1.00	Director	$0	$0	$0
ANA CRUZ	DIRECTOR	1.00	Director	$0	$0	$0
BROOKE BLAKEY	DIRECTOR	1.00	Director	$0	$0	$0
RALONDA MCKINLEY	DIRECTOR	1.00	Director	$0	$0	$0
KATE SPEED	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA JAMES	DIRECTOR	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	No data	No data	No data	No data
2023	$9,886,783	$2,724,604	$14,858,035	$7,162,179
2022	$2,961,756	$1,414,616	$6,317,796	$1,547,140
2021	$806,265	$447,855	$4,851,343	$358,410
2021	$806,965	$469,416	$4,880,332	$337,549
2020	$708,244	$397,111	$4,561,416	$311,133
2020	$427,598	$266,593	$3,363,328	$161,005
2019	$274,613	$256,044	$3,200,771	$18,569
2018	$767,732	$211,408	$3,192,186	$556,324

THE RONDO COMMUNITY LAND TRUST