CENTRAL NODAK DEVELOPMENT CORP (EIN 450343520) - 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

Principal Officer

TONY BAKER

Phone

7012587838

Tax Period

2024-07-01 to 2025-06-30

CENTRAL NODAK DEVELOPMENT CORP, founded in 1977, is a small nonprofit in the Community Improvement sector that reported $204K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $174K left a modest 14% surplus.

Mission

RENTAL OF PROPERTY AND EQUIPMENT FOR THE BENEFIT OF THE MENTALLY DISABLED.

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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 $83,730

Program Service Revenue $120,681

Investment Income $-787

Other Revenue $0

TOTAL REVENUE $203,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,652

Other Expenses $174,112

TOTAL EXPENSES $174,112

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,624	$271,766	-0.3%
Expenses	$174,112	$204,755	-0.1%
Net Income	$29,512	$67,011	-0.6%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN LUNDBY	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW ENGELMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
NICOLE LAUTENSCHLAGER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOY WEZELMAN	DIRECTOR	1.00	Director	$0	$0	$0
SHELDON HIMMELSPACH	DIRECTOR	1.00	Director	$0	$0	$0
JASON SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
LISA MEIER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER KRAUSE	DIRECTOR	1.00	Director	$0	$0	$0
DEREK WEIGEL	VICE PRESIDENT	1.00	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
2025	$203,624	$174,112	$325,402	$29,512
2024	$271,766	$204,755	$297,216	$67,011
2023	$272,032	$235,496	$323,053	$36,536
2022	$267,254	$206,717	$369,756	$60,537
2021	$246,013	$201,882	$389,829	$44,131
2020	$258,293	$226,363	$418,953	$31,930
2019	$313,296	$243,385	$901,574	$69,911
2018	$484,884	$692,918	$444,612	$-208,034

CENTRAL NODAK DEVELOPMENT CORP