Community Finance Inc (FKA Giving Credit Inc)

EIN: 822380625 501(c)(3) Public & Societal Benefit

Malden, MA

Total Revenue
$15,223
Total Expenses
$55,673
Total Assets
$65,525
Net Assets
$65,525
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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
2024
Legal Domicile
MA
Phone
6179357566
Tax Period
2025-01-01 to 2025-12-31

Community Finance Inc (FKA Giving Credit Inc), founded in 2024, is a micro nonprofit in the Public & Societal Benefit sector that reported $15K in total revenue in fiscal year 2025. Expenses of $56K exceeded revenue, resulting in a 266% operating deficit.

Mission

The organizations mission is to recognize and capitalize economic mutual aid infinancially excluded low income communities where everyone has access to highquality and low interest wealth building products

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $15,223
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,223

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $29,166
Fundraising Expenses $0
Program Expenses $55,673
Other Expenses $25,507
TOTAL EXPENSES $55,673

Year-over-Year Comparison

2025 2024 Change
Revenue $15,223 N/A N/A
Expenses $55,673 N/A N/A
Net Income $-40,450 N/A N/A
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

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Governance

Voting Members
3
Independent Members
1
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
3
$29,166
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashley Sherwin CFO 40.00
Officer
$20,833 $0 $20,833
David Henderson CEO 40.00
Officer
$8,333 $0 $8,333
Diego May N/A 1.00
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
2025 $15,223 $55,673 $65,525 $-40,450
2024 No data No data No data No data
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