COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC (EIN 471775761) - 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

2014

Legal Domicile

Principal Officer

ANNA MCRAE

Phone

7042892314

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $340K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $386K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE ENTITY PROVIDES AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS.

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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 $273,914

Program Service Revenue $59,702

Investment Income $337

Other Revenue $5,864

TOTAL REVENUE $339,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $376,743

Other Expenses $385,651

TOTAL EXPENSES $385,651

Year-over-Year Comparison

	2023	2022	Change
Revenue	$339,817	$300,572	+0.1%
Expenses	$385,651	$257,132	+0.5%
Net Income	$-45,834	$43,440	-2.1%

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

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

$95,821

Total Directors

$95,821

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA MCRAE	CHIEF EXECUTIVE OFFICER/DE	1.00	Officer Director	$0	$0	$80,298
DONYELLE COALSON	CHIEF FINANCIAL OFFICER/SE	1.00	Officer Director	$0	$0	$15,523
HILDA JONES	TREASURER	0.00	Officer Director	$0	$0	$0
FANNIE YOUNG	CHAIRMAN	0.00	Director	$0	$0	$0
JAMES MUNGO	COMMISSIONER	0.00	Director	$0	$0	$0
JAMES VINSON	COMMISSIONER	0.00	Director	$0	$0	$0
MONIQUE HOLT	COMMISSIONER	0.00	Director	$0	$0	$0
BENITA SANDERS	COMMISSIONER	0.00	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	$339,817	$385,651	$3,721,966	$-45,834
2022	$300,572	$257,132	$3,732,573	$43,440
2021	$52,519	$46,002	$3,556,239	$6,517

COMMUNITY ADVANCEMENT AND REDEVELOPMENT ENTERPRISE INC