Medina Creative Living II Inc

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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

2008

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Medina Creative Living II Inc, founded in 2008, is a micro nonprofit in the Housing & Shelter sector that reported $79K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 64% operating deficit.

Mission

ACQUIRE, DEVELOP AND MANAGE PERMANENT, AFFORDABLE HOUSING FOR PERSONS WITH PHYSICAL AND DEVELOPMENTAL DISABILITIES.

Program Service Accomplishments

Program 1

Expenses: $97,118

ACQUIRE, DEVELOP AND MANAGE PERMANENT, AFFORDABLE HOUSING FOR PERSONS WITH PHYSICAL AND DEVELOPMENTAL DISABILITIES.

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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 $69,649

Program Service Revenue $8,953

Investment Income $44

Other Revenue $20

TOTAL REVENUE $78,666

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,960

Fundraising Expenses $0

Program Expenses $97,118

Other Expenses $89,045

TOTAL EXPENSES $129,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,666	$109,114	-0.3%
Expenses	$129,005	$117,442	+0.1%
Net Income	$-50,339	$-8,328	+5.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN GEHLBACH	TRUSTEE	0.50	Director	$0	$0	$0
DAVID PALMER	PRESIDENT	0.50	Officer Director	$0	$0	$0
DIANA RILEY	SECRETARY	0.50	Officer Director	$0	$0	$0
DIANNE DEPASQUALE-HAGERTY	EXECUTIVE DIRECTOR	5.00	Key Emp	$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	$78,666	$129,005	$716,863	$-50,339
2022	$109,114	$117,442	$766,185	$-8,328
2021	$113,444	$128,377	$798,170	$-14,933
2020	$110,574	$107,535	$801,707	$3,039
2019	$111,200	$112,126	$803,475	$-926
2018	$101,903	$112,828	$804,795	$-10,925