MARION CDC 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

2017

Legal Domicile

Principal Officer

ROBERT BOYETTE

Phone

8286527832

Tax Period

2017-07-01 to 2018-06-30

MARION CDC INC, founded in 2017, is a small nonprofit that reported $332K in total revenue in fiscal year 2017. The organization ran a surplus of $332K, a strong 100% operating margin.

Mission

TO SUPPORT COMMUNITY DEVELOPMENT INITIATIVES THAT IMPROVE ACCESS TO HOUSING, EXPAND EMPLOYMENT OPPORTUNITIES AND REVITALIZE NEIGHBORHOODS IN THE CITY OF MARION, NC AND PROVICE CHARITABLE SERVICES THAT AR

Program Service Accomplishments

Program 1

Expenses: $674

The expenses shown above are related to the administrative expenses

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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 (2017)

Revenue Breakdown

Contributions & Grants $332,470

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $332,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $674

Other Expenses $674

TOTAL EXPENSES $674

Year-over-Year Comparison

	2017	2016	Change
Revenue	$332,470	N/A	N/A
Expenses	$674	N/A	N/A
Net Income	$331,796	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

Governance

Voting Members

Independent Members

N/A

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
ROBERT BOYETTE	PRES	1	Officer	$0	$0	$0
JULIE SCHERER	SEC TREAS	1	Officer	$0	$0	$0
HEATHER COTTON	EXEC DIR	3	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
2018	$332,470	$674	$336,811	$331,796