BLOOMINGTON, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CDFI FRIENDLY BLOOMINGTON INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $473K in total revenue in fiscal year 2024. Revenue surged 278% from the prior year, signaling strong growth momentum. Expenses of $434K left a modest 8% surplus.
THE ORGANIZATIONS PURPOSE IS TO STRENGTHEN THE COMMUNITIES OF BLOOMINGTON, MONROE COUNTY AND THE NEIGHBORING REGIONS OF SOUTH CENTRAL INDIANA, AND IMPROVE THE ECONOMIC CONDITIONS OF ITS LOWER INCOME RESIDENTS, BY ASSISTING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS AND OTHER ORGANIZATIONS TO PROVIDE LOW-COST, ACCESSIBLE, FLEXIBLE, AFFORDABLE FINANCING FOR HOUSING, JOB DEVELOPMENT, CHARITABLE AND EDUCATIONAL SERVICES AND OTHER COMMUNITY PROJECTS.
DURING 2024, THE ORGANIZATION BEGAN PROJECT ASSSESSMENTS FOR ITS EPA BROWNFIELD ASSESSMENT GRANT THAT, DUE TO DEMAND FOR ASSSESSMENTS, RESULTED IN SPENDING DOWN 38% OF THE GRANT IN THE FIRST YEAR OF...
DURING 2024, THE ORGANIZATION BEGAN PROJECT ASSSESSMENTS FOR ITS EPA BROWNFIELD ASSESSMENT GRANT THAT, DUE TO DEMAND FOR ASSSESSMENTS, RESULTED IN SPENDING DOWN 38% OF THE GRANT IN THE FIRST YEAR OF THIS FOUR-YEAR GRANT. CDFI FRIENDLY ALSO COMPLETED A STRATEGIC PLANNING PROCESS TO FOUCUS ON AFFORDABLE HOUSING, SMALL BUSINESS AND CHILD CARE, AND ALSO SUBMITTED ITS APPLICATION TO THE US TREASURY CDFI FUND TO BECOME A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). THIS APPLICATION WAS APPROVED IN APRIL 2025. WORK IN 2024 WAS ALSO CONTINUED IN THE AREA OF AFFORDABLE HOUSING THROUGH COLLABORATIONS WITH TWO CDFIS TO CREATE AND PRESERVE 13 UNITS OF AFFORDABLE HOUSING. TO END THE YEAR, WE WERE INFORMED THE ORGANIZATION WAS AWARDED A MUTLI-YEAR, $300,000 TECHNICAL ASSISTANCE (TA) GRANT FROM THE US TREASURY CDFI FUND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $473,448 | $125,286 | +2.8% |
| Expenses | $433,601 | $194,100 | +1.2% |
| Net Income | $39,847 | $-68,814 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRIS COCKERHAM | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DAVID MILLER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JONAS CHANG | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ILENE SCHAEFFER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| TINA PETERSON | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| HEATHER ROBINSON | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT SHISHMAN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN ZODY | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$106,154 | $0 | $106,154 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $473,448 | $433,601 | $2,301,458 | $39,847 |
| 2023 | $125,286 | $194,100 | $2,210,563 | $-68,814 |
| 2022 | $186,607 | $122,875 | $2,273,620 | $63,732 |
| 2021 | $261,921 | $198,615 | $2,104,258 | $63,306 |
| 2020 | $1,081,365 | $111,848 | $2,164,327 | $969,517 |
Compare CDFI FRIENDLY BLOOMINGTON INC with other nonprofits in Indiana and across the country.