COMMUNITY DEVELOPERS OF GRANITE QUARRY INC (EIN 581484320) - 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

1982

Legal Domicile

Principal Officer

WILLIAM BOLSTAD

Phone

7043423316

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY DEVELOPERS OF GRANITE QUARRY INC, founded in 1982, is a small nonprofit that reported $304K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $57K, a strong 19% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY.

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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 $183,321

Program Service Revenue $120,104

Investment Income $314

Other Revenue $162

TOTAL REVENUE $303,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $239,612

Other Expenses $247,380

TOTAL EXPENSES $247,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$303,901	$280,403	+0.1%
Expenses	$247,380	$248,303	0.0%
Net Income	$56,521	$32,100	+0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BOLSTAD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CARI JONES	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
LISA LEMOS	SECRETARY/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
2024	$303,901	$247,380	$1,040,113	$56,521
2023	$280,403	$248,303	$1,015,311	$32,100
2022	$267,719	$221,569	$1,008,343	$46,150
2021	$268,153	$235,447	$981,598	$32,706
2020	$257,506	$231,210	$982,258	$26,296
2019	$259,405	$207,243	$967,381	$52,162
2018	$249,628	$374,817	$986,512	$-125,189

COMMUNITY DEVELOPERS OF GRANITE QUARRY INC