FOUNDATION FOR COMMUNITY DRIVEN INNOVATION INC (EIN 473887593) - 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

2015

Legal Domicile

Phone

8135037928

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR COMMUNITY DRIVEN INNOVATION INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $264K in total revenue in fiscal year 2024. Expenses of $254K left a modest 4% surplus.

Mission

The Foundation for Community Driven Innovation mission is dedicated to supporting academic achievement economic development and the spirit of innovation through inspiring programs and active learning projects.

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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 $185,227

Program Service Revenue $78,877

Investment Income $0

Other Revenue $0

TOTAL REVENUE $264,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,180

Fundraising Expenses $0

Program Expenses $216,996

Other Expenses $155,480

TOTAL EXPENSES $253,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$264,104	$258,359	+0.0%
Expenses	$253,660	$311,450	-0.2%
Net Income	$10,444	$-53,091	-1.2%

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

$36,500

Total Directors

Key Employees

$61,680

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Theresa Willingham	Executive Director	56.00	Officer	$21,750	$0	$21,750
Steven Willingham	Finance Officer	48.00	Officer	$14,750	$0	$14,750
Vicky Gonzalez	Program Director	32.00	Key Emp	$37,000	$0	$37,000
Clinton Millsap	Drone Program Manager	20.00	Key Emp	$24,680	$0	$24,680

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	$264,104	$253,660	$172,683	$10,444
2023	$258,359	$311,450	$165,867	$-53,091
2022	$240,893	$186,682	$219,119	$54,211

FOUNDATION FOR COMMUNITY DRIVEN INNOVATION INC