COMMUNITY ENHANCEMENT CORPORATION (EIN 731221559) - 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

1984

Legal Domicile

Principal Officer

MARK GILLET

Phone

4052397551

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY ENHANCEMENT CORPORATION, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 174% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 31% operating margin.

Mission

TO PROVIDE DECENT, SAFE AND SANITARY HOUSING TO PERSONS OF LOWER 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 (2023)

Revenue Breakdown

Contributions & Grants $3,860,955

Program Service Revenue $3,295,463

Investment Income $900,174

Other Revenue $0

TOTAL REVENUE $8,056,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $886,061

Fundraising Expenses $0

Program Expenses $3,929,073

Other Expenses $4,706,840

TOTAL EXPENSES $5,592,901

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,056,592	$2,943,419	+1.7%
Expenses	$5,592,901	$3,120,617	+0.8%
Net Income	$2,463,691	$-177,198	-14.9%

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

$903,701

Total Directors

$1,505

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK GILLETT	PRESIDENT/CEO	10.00	Officer	$0	$44,796	$290,134
THOMAS HENDERSON	VICE PRESIDENT	5.00	Officer	$0	$33,767	$220,534
MATTHEW MILLS	VICE PRESIDENT	10.00	Officer	$0	$20,022	$202,021
KASSY MALONE	VICE PRESIDENT	20.00	Officer	$0	$20,724	$118,737
GREGORY SHINN	VICE PRESIDENT	20.00	Officer	$0	$4,838	$71,540
ROCKY CHAVEZ	DIRECTOR / CHAIR	0.50	Officer Director	$385	$0	$385
ANNETTE JACOBI	DIRECTOR / VICE-CHAIR	0.50	Officer Director	$350	$0	$350
WAYLAND CUBIT	DIRECTOR	0.50	Director	$420	$0	$420
LILLE SWOPE	DIRECTOR	0.50	Director	$350	$0	$350
ALEX YAFE	DIRECTOR	0.50	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	No data	No data	No data	No data
2023	$8,056,592	$5,592,901	$38,324,882	$2,463,691
2019	$1,589,887	$2,266,707	$19,292,408	$-676,820
2018	$8,700,431	$1,680,531	$18,860,569	$7,019,900

COMMUNITY ENHANCEMENT CORPORATION