MINORITY COMMUNITY INVESTMENT COALITION (EIN 850600172) - 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

2020

Legal Domicile

Principal Officer

JAMES SHERROD

Phone

8144592761

Tax Period

2024-01-01 to 2024-12-31

MINORITY COMMUNITY INVESTMENT COALITION, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 67% operating margin.

Mission

SUPPORTING EXEMPT ORGANIZATIONS IN FUNDRAISING AND FUND MANAGEMENT; MAKING GRANTS, GIFTS AND OTHER DISTRIBUTIONS TO SUPPORTED ORGANIZATIONS AND ENGAGING IN SUCH OTHER ACTIVITIES THAT MAY BENEFIT OR FURTHER THE PURPOSES OF THE SUPPORTED ORGANIZATIONS. IN ADDITION PARTICIPATING IN ECONOMIC DEVELOPMENT PROJECT LOCATED AT SAVOCCHIO OPPORTUNITY PARK, ERIE PA.

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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 $1,580,894

Program Service Revenue $0

Investment Income $0

Other Revenue $20,000

TOTAL REVENUE $1,600,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $262,018

Other Expenses $533,179

TOTAL EXPENSES $533,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,600,894	$852,159	+0.9%
Expenses	$533,179	$422,841	+0.3%
Net Income	$1,067,715	$429,318	+1.5%

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

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	Role	Reportable Comp	Other Comp	Total
JAMES SHERROD	Treasurer	Officer Director	$0	$0	$0
GARY HORTON	Secretary	Officer Director	$0	$0	$0
SHANTEL HILLIARD	President	Officer Director	$0	$0	$0
MARUS ATKINSON	Director	Director	$0	$0	$0
ED WILLIAMS	Director	Director	$0	$0	$0
WALAA AHMAD	Director	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
2024	$1,600,894	$533,179	$2,614,563	$1,067,715
2023	$852,159	$422,841	$1,148,295	$429,318
2023	$386,190	$422,841	$212,902	$-36,651
2022	$742,392	$807,788	$399,150	$-65,396
2021	$900,898	$590,049	$386,569	$310,849

MINORITY COMMUNITY INVESTMENT COALITION