CONCENTRIC DEVELOPMENT INC (EIN 451056079) - 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

2011

Legal Domicile

Principal Officer

JONATHAN MITCHELL

Phone

9198016597

Tax Period

2024-01-01 to 2024-12-31

CONCENTRIC DEVELOPMENT INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $493K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $467K left a modest 5% surplus.

Mission

TO PROVIDE ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS DEDICATED TO MEETING PEOPLE'S HUMANITARIAN RELIEF, DEVELOPMENT AND/OR SPIRITUAL NEEDS BOTH IN THE UNITED STATES AND ABROAD.

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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 $485,803

Program Service Revenue $0

Investment Income $7,013

Other Revenue $0

TOTAL REVENUE $492,816

Expense Breakdown

Grants Paid $79,188

Salaries & Benefits $273,146

Fundraising Expenses $314

Program Expenses $426,167

Other Expenses $115,008

TOTAL EXPENSES $467,342

Year-over-Year Comparison

	2024	2023	Change
Revenue	$492,816	$381,682	+0.3%
Expenses	$467,342	$414,185	+0.1%
Net Income	$25,474	$-32,503	-1.8%

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

$260,969

Total Directors

$260,969

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN MITCHELL	PRESIDENT/SECRETARY	40.00	Officer Director	$211,141	$49,828	$260,969
CHARLES HAWKES	TREASURER	2.00	Officer Director	$0	$0	$0
DAVID ANDREW JONES	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE HAWKES	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER HAYNIE	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	$492,816	$467,342	$288,581	$25,474
2023	$381,682	$414,185	$264,369	$-32,503
2022	$526,271	$502,198	$296,368	$24,073
2021	$436,009	$367,213	$271,378	$68,796
2020	$525,975	$526,841	$203,106	$-866
2019	$176,448	$320,938	$202,265	$-144,490
2018	$706,838	$564,075	$347,380	$142,763

CONCENTRIC DEVELOPMENT INC