Mooresville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Community Foundation CDC Inc, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $181K in total revenue in fiscal year 2023. The organization ran a surplus of $31K, a strong 17% operating margin.
The Organizations mission is to provide individuals and families a firm foundation through financial education, the encouragement of home ownership and to provide affordable housing to low and moderate income families through neighborhood revitalization and/or other community and economic development activities.
The Organization operates to help provide affordable housing to low to moderate income families. The Organization supports neighborhood revitalization and/or other community and economic development...
The Organization operates to help provide affordable housing to low to moderate income families. The Organization supports neighborhood revitalization and/or other community and economic development activities that further the development of viable urban neighborhoods in the Town of Mooresville and South Iredell County of North Carolina. It also serves as a vehicle for sharing information and resources about affordable housing and home ownership to service providers, beneficiaries of affordable housing the Mooresville community as a whole. Designed to implement housing education programs for low to moderate income families, Community Foundations helps to enhance the quality of life of these individuals though housing counseling, financial literacy and home buyer education. Acquisition and resale of Single Family Home Acquisition of lots in preparation of new construction of housing
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $181,351 | $168,692 | +0.1% |
| Expenses | $150,080 | $122,381 | +0.2% |
| Net Income | $31,271 | $46,311 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kathie Brantley | Executive Dir. | 37.50 |
Officer
|
$55,028 | $3,409 | $58,437 |
| Alan Guffy | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carl Ruggerio | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tommy Deweese | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jimmy Gurley | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Paula Scruggs | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Carolyn White | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Inetta Black | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brenda McKee | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gene Steele | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Becca McSwain | Ex-Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $181,351 | $150,080 | $763,790 | $31,271 |
| 2022 | $168,692 | $122,381 | $504,066 | $46,311 |
| 2021 | $222,351 | $91,377 | $459,499 | $130,974 |
| 2018 | $28,637 | $59,801 | $187,619 | $-31,164 |
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