CARMEL MIDTOWN COMMUNITY DEVELOPMENT CORPORATION (EIN 832549004) - 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

2018

Legal Domicile

Principal Officer

Raju Chintala

Phone

3178444605

Tax Period

2024-01-01 to 2024-12-31

CARMEL MIDTOWN COMMUNITY DEVELOPMENT CORPORATION, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $150K in total revenue in fiscal year 2024. Revenue fell 131% from the prior year — a significant decline worth monitoring.

Mission

Carmel Midtown Community Development Corporation seeks to improve conditions in the City of Carmel through redevelopment, specifically by financing construction projects that further economic and cultural standards around the City.

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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 $0

Program Service Revenue $0

Investment Income $-226,166

Other Revenue $76,248

TOTAL REVENUE $-149,918

Expense Breakdown

Grants Paid $78,720

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,785

Other Expenses $65

TOTAL EXPENSES $78,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-149,918	$481,399	-1.3%
Expenses	$78,785	$539,981	-0.9%
Net Income	$-228,703	$-58,582	+2.9%

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
Raju Chintala	President	1	Officer	$0	$0	$0
Miriam Dant	Vice President	1	Officer	$0	$0	$0
Michael Stiehl	Secretary	1	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	$-149,918	$78,785	$14,966,924	$-228,703
2023	$481,399	$539,981	$15,195,627	$-58,582
2022	$330,764	$245,000	$15,254,209	$85,764
2021	$18,762,149	$4,150,672	$15,168,445	$14,611,477
2020	$1,784,015	$2,562,675	$3,056,968	$-778,660
2019	$1,300,589	No data	$1,335,628	No data
2018	$35,039	No data	$35,039	No data

CARMEL MIDTOWN COMMUNITY DEVELOPMENT CORPORATION