Inner-City Revitalization Corporation (EIN 721402559) - 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

Legal Domicile

Phone

3184421502

Tax Period

2024-01-01 to 2024-12-31

Inner-City Revitalization Corporation is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 7% surplus.

Mission

Providing clean, healthful, safe and affordable housing for low income families.

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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 $868,493

Program Service Revenue $778,629

Investment Income $9,407

Other Revenue $0

TOTAL REVENUE $1,656,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,380

Fundraising Expenses $0

Program Expenses $1,482,356

Other Expenses $1,328,364

TOTAL EXPENSES $1,547,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,656,529	$748,346	+1.2%
Expenses	$1,547,744	$997,072	+0.6%
Net Income	$108,785	$-248,726	-1.4%

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	Role	Reportable Comp	Other Comp	Total
Virginia Brown	Director	Director	$0	$0	$0
Randalle Hunt-Moore	Secretary	Director	$0	$0	$0
Andrew Bindursky	Chairman	Director	$0	$0	$0
LaSharron Wenslow	Director	Director	$0	$0	$0
Sandra Augustine	Director	Director	$0	$0	$0
Brad Smith	Treasurer	Director	$0	$0	$0
Sandra Williams	Director	Director	$0	$0	$0
Maxine Bradley	Director	Director	$0	$0	$0
Ronald Dejoie	Director	Director	$0	$0	$0
Vernilla Brooks	Secretary	Director	$0	$0	$0
Paul Smith	Director	Director	$0	$0	$0
Trayce Snow	Director	Director	$0	$0	$0
Barbara Dashiell	Executive Dir.	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	$1,656,529	$1,547,744	$2,770,426	$108,785
2023	$748,346	$997,072	$3,273,797	$-248,726
2022	$242,601	$499,440	$2,803,910	$-256,839
2021	$1,423,082	$1,178,756	$3,054,125	$244,326
2020	$1,484,672	$1,171,338	$3,229,562	$313,334
2019	$257,167	$469,439	$2,839,592	$-212,272
2018	$595,610	$1,143,391	$2,721,892	$-547,781

Inner-City Revitalization Corporation