DENISON COMMUNITY INVESTMENT CORP (EIN 752252981) - 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

1988

Legal Domicile

Principal Officer

VERONICA DAVIS

Phone

9034633765

Tax Period

2023-01-01 to 2023-12-31

DENISON COMMUNITY INVESTMENT CORP, founded in 1988, is a micro nonprofit in the Housing & Shelter sector that reported $54K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 72% operating margin.

Mission

TO ADMINISTER ECONOMIC DEVELOPMENT FUNDS RECEIVED FROM THE UNION PACIFIC RAILROAD BY PROVIDING A LOW-INTEREST RATE LOAN PROGRAM FOR DENISON BUSINESSES TO ENABLE THEM TO ACQUIRE PROPERTY OR EQUIPMENT.

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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 $0

Program Service Revenue $41,801

Investment Income $12,023

Other Revenue $325

TOTAL REVENUE $54,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,100

Other Expenses $15,100

TOTAL EXPENSES $15,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,149	$44,287	+0.2%
Expenses	$15,100	$14,784	+0.0%
Net Income	$39,049	$29,503	+0.3%

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

$10,050

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VERONICA DAVIS	SECRETARY/TREASURER	2	Officer	$0	$10,050	$10,050
APRIL HARMON	TRUSTEE	0.2	Director	$0	$0	$0
RONNIE COLE	TRUSTEE	0.2	Director	$0	$0	$0
MARK KUNEMAN II	TRUSTEE	0.2	Director	$0	$0	$0
AARON QUARLES	CHAIRMAN	0.2	Officer	$0	$0	$0
JOHN MABARY	VICE-CHAIRMAN	0.20	Officer	$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	$54,149	$15,100	$1,764,630	$39,049
2022	$44,287	$14,784	$1,727,962	$29,503
2021	$56,623	$14,863	$1,691,462	$41,760
2020	$32,787	$22,373	$1,661,587	$10,414

DENISON COMMUNITY INVESTMENT CORP