MDCDC INC (EIN 810729268) - 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

2015

Legal Domicile

Principal Officer

Rory Thomas

Phone

9015524781

Tax Period

2024-01-01 to 2024-12-31

MDCDC INC, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2024. Expenses of $3.3M exceeded revenue, resulting in a 15% operating deficit.

Mission

The Memphis Medical District Collaborative (MDCDC) is a community development organization.

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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 $2,692,304

Program Service Revenue $0

Investment Income $24,815

Other Revenue $174,777

TOTAL REVENUE $2,891,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,181,697

Fundraising Expenses $0

Program Expenses $2,665,953

Other Expenses $2,139,000

TOTAL EXPENSES $3,320,697

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,891,896	$2,975,790	0.0%
Expenses	$3,320,697	$3,368,769	0.0%
Net Income	$-428,801	$-392,979	+0.1%

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

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

$311,479

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Michael Ugwueke	Chairman	2.00	Officer Director	$0	$0	$0
Mr Ike Anand	Vice Chair	2.00	Officer Director	$0	$0	$0
Dr Lewis Reich	Secretary	2.00	Officer Director	$0	$0	$0
Dr Michelle Taylor	Treasurer	2.00	Officer Director	$0	$0	$0
Mr Antonio Adams	Director	2.00	Director	$0	$0	$0
Mr Scott Blake	Director	2.00	Director	$0	$0	$0
Dr Peter Buckley	Director	2.00	Director	$0	$0	$0
Ms Casey Condra	Director	2.00	Director	$0	$0	$0
Dr Reginald Coopwood	Director	2.00	Director	$0	$0	$0
Ms Emily Todd Dowdy	Director	2.00	Director	$0	$0	$0
Dr Tracy Hall	Director	2.00	Director	$0	$0	$0
Mr Pitt Hyde	Director	2.00	Director	$0	$0	$0
Dr Hampton Hopkins	Director	2.00	Director	$0	$0	$0
Mr Doug McGowen	Director	2.00	Director	$0	$0	$0
Ms Chandell Ryan	Director	2.00	Director	$0	$0	$0
Mr Joe Vaughn	Director	2.00	Director	$0	$0	$0
Mr John Webb	Director	2.00	Director	$0	$0	$0
Rory Thomas	President	40.00	Officer	$180,180	$9,592	$189,772
Keesa Mitchell	Vice President, Operations	40.00	Officer	$114,000	$7,707	$121,707

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	$2,891,896	$3,320,697	$5,166,043	$-428,801
2023	$2,975,790	$3,368,769	$5,674,436	$-392,979
2022	$2,381,533	$3,108,374	$5,392,260	$-726,841
2021	$5,485,350	$2,331,785	$5,697,322	$3,153,565
2020	$3,341,732	$4,240,039	$2,488,528	$-898,307
2019	$3,904,971	$3,668,916	$3,723,958	$236,055
2018	$4,214,423	$3,318,170	$3,942,579	$896,253

MDCDC INC