OMAHA MINORITY COMMUNITY DEVELOPMENT FUN (EIN 470632913) - 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

1981

Legal Domicile

Principal Officer

MICHAEL MARONEY

Phone

4023462300

Tax Period

2024-01-01 to 2024-12-31

OMAHA MINORITY COMMUNITY DEVELOPMENT FUN, founded in 1981, is a micro nonprofit that reported $33 in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring.

Mission

SUPPORT ACTIVITIES WHICH PROMOTE THE WELFARE OF CITIZENS RESIDING IN ECONOMICALLY DISADVANTAGED AREAS IN OMAHA, NE BY HELPING THEM TO BECOME ECONOMICALLY PRODUCTIVE.

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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 $33

Other Revenue $0

TOTAL REVENUE $33

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33	$256	-0.9%
Expenses	N/A	$5,158	-1.0%
Net Income	N/A	$-4,902	N/A

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

$194,315

Total Directors

$194,315

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MARONEY	PRESIDENT	1.00	Officer Director	$0	$0	$194,315
CORT BONNER	CHAIR	1.00	Officer Director	$0	$0	$0
BRENDA J COUNCIL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ALISA PARMER	SECRETARY	1.00	Officer Director	$0	$0	$0
PATRICIA TOOLS-DYER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PIERCE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BEVERLY	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	$33	No data	$28,356	No data
2023	$256	$5,158	$28,323	$-4,902
2022	$16	$5,110	$33,225	$-5,094
2021	$37,876	$57,921	$38,319	$-20,045
2020	$15,337	$190	$294,222	$15,147
2019	$1,355,529	$1,347,419	$629,427	$8,110
2018	$1,380,617	$1,368,802	$350,843	$11,815

OMAHA MINORITY COMMUNITY DEVELOPMENT FUN