COMMUNITY TECHNOLOGY GROUP INC

EIN: 454469681 501(c)(3) Human Services

ALBANY, MN

Total Revenue
$2,489
Total Expenses
$1,457
Total Assets
$49,827
Net Assets
$49,827
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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
2012
Legal Domicile
MN
Principal Officer
DAVID WALETZKO
Phone
3202520358
Tax Period
2020-01-01 to 2020-12-31

COMMUNITY TECHNOLOGY GROUP INC, founded in 2012, is a micro nonprofit in the Human Services sector that reported $2K in total revenue in fiscal year 2020. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1K, a strong 41% operating margin.

Mission

TO HELP SERVE THE UNDERPRIVILEDGE AND THOSE IN NEED OF COMPUTER TECHNOLOGY MOVING INTO THEIR SECONDARY EDUCATION.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $2,489
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,489

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $641
Other Expenses $1,457
TOTAL EXPENSES $1,457

Year-over-Year Comparison

2020 2019 Change
Revenue $2,489 $5,586 -0.6%
Expenses $1,457 $5,642 -0.7%
Net Income $1,032 $-56 -19.4%
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

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Governance

Voting Members
7
Independent Members
7
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WALETZKO PRESIDENT N/A
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
2020 $2,489 $1,457 $49,827 $1,032
2019 $5,586 $5,642 $48,795 $-56
2018 $5,717 $6,860 $48,851 $-1,143
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