MHDC CLINTONVILLE INC (EIN 472629213) - 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

GILBERT TORRES

Phone

9208328094

Tax Period

2024-01-01 to 2024-12-31

MHDC CLINTONVILLE INC, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.4M left a modest 9% surplus.

Mission

TO PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME.

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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 $2,666,561

Investment Income $610

Other Revenue $0

TOTAL REVENUE $2,667,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $817,503

Fundraising Expenses $0

Program Expenses $2,399,267

Other Expenses $1,601,158

TOTAL EXPENSES $2,418,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,667,171	$2,307,852	+0.2%
Expenses	$2,418,661	$2,272,741	+0.1%
Net Income	$248,510	$35,111	+6.1%

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

N/A

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
RICHARD GONZALEZ	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
JOSE NAVARRO	SECRETARY	1.00	Officer Director	$0	$0	$0
GILBERTO TORRES	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL KORLAPATI	TREASURER	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	No data	No data	No data	No data
2024	$2,667,171	$2,418,661	$5,208,391	$248,510
2023	$2,307,852	$2,272,741	$5,054,485	$35,111
2022	$2,098,817	$2,269,496	$5,136,474	$-170,679
2021	$2,397,736	$2,183,198	$5,377,280	$214,538
2020	$2,449,721	$2,701,011	$5,413,121	$-251,290

MHDC CLINTONVILLE INC