MDC RICHMOND AMERICAN HOMES FOUNDATION

EIN: 841561013 501(c)(3) Philanthropy & Grantmaking

DENVER, CO

Total Revenue
$6,174,055
Total Expenses
$3,562,427
Total Assets
$61,409,697
Net Assets
$59,811,898
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CO
Principal Officer
Larry Mizel
Phone
3038047716
Tax Period
2023-01-01 to 2023-12-31

MDC RICHMOND AMERICAN HOMES FOUNDATION, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.2M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 42% operating margin.

Mission

AS WE LOOK TO THE FUTURE, WE'RE COMMITTED TO LENDING A HELPING HAND TO THOSE IN NEED, EMBRACING A DIVERSE CULTURE AND WORKING TOWARD SUSTAINABILITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,040,000
Program Service Revenue $0
Investment Income $2,109,083
Other Revenue $24,972
TOTAL REVENUE $6,174,055

Expense Breakdown

Grants Paid $3,453,825
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,453,825
Other Expenses $108,602
TOTAL EXPENSES $3,562,427

Year-over-Year Comparison

2023 2022 Change
Revenue $6,174,055 $4,585,272 +0.3%
Expenses $3,562,427 $3,432,873 +0.0%
Net Income $2,611,628 $1,152,399 +1.3%
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
10
Independent Members
10
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY MIZEL CHAIRMAN, CEO, AND DIRECTOR 5
Director
$0 $0 $0
DAVID D MANDARICH PRESIDENT AND DIRECTOR 5
Director
$0 $0 $0
ARLENE HIRSCHFELD DIRECTOR 5
Director
$0 $0 $0
MICHAEL POLLAK DIRECTOR 5
Director
$0 $0 $0
DAVID H ENGLEBERG DIRECTOR 5
Director
$0 $0 $0
JOSEPH H FRETZ SECRETARY 5
Officer
$0 $0 $0
L LUDWELL JONES IV VICE PRESIDENT AND TREASURER 5
Officer
$0 $0 $0
CARRIE K DELIMA VICE PRESIDENT & TREASURER 5
Officer
$0 $0 $0
MICHAEL L KAPLAN VICE PRESIDENT 5
Officer
$0 $0 $0
CLARE E WILSON VICE PRESIDENT & TREASURER 5
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 No data No data No data No data
2023 $6,174,055 $3,562,427 $61,409,697 $2,611,628
2022 $4,585,272 $3,432,873 $55,152,412 $1,152,399
2021 $11,290,556 $4,061,718 $62,577,099 $7,228,838
2020 $8,928,390 $6,843,392 $51,977,010 $2,084,998
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