COMMUNITY INVESTMENT CORPORATION (EIN 860837146) - 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

1996

Legal Domicile

Principal Officer

DANIEL KNEE

Phone

5205291766

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY INVESTMENT CORPORATION, founded in 1996, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 50% operating deficit.

Mission

TO CREATE A BETTER LIFE FOR THE RESIDENTS OF OUR COMMUNITY THROUGH VARIOUS PROGRAMS TARGETING ECONOMIC DEVELOPMENT OPPORTUNITIES. TO SECURE STRATEGIC INVESTMENTS IN OUR COMMUNITIES THAT SERVE PUBLIC PURPOSE, ENHANCE EMPLOYMENT OPPORTUNITIES, AND LEVERAGE ITS CAPITAL WITH A REASONABLE RATE OF RETURN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,131,098

Program Service Revenue $732,427

Investment Income $205,138

Other Revenue $1,276

TOTAL REVENUE $2,069,939

Expense Breakdown

Grants Paid $460,537

Salaries & Benefits $1,808,538

Fundraising Expenses $0

Program Expenses $2,420,408

Other Expenses $826,016

TOTAL EXPENSES $3,095,091

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,069,939	$29,133,218	-0.9%
Expenses	$3,095,091	$30,957,943	-0.9%
Net Income	$-1,025,152	$-1,824,725	-0.4%

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

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

$335,272

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL KNEE	EXECUTIVE DI	40.00	Officer	$141,399	$0	$141,399
CAROLINE NELSON	CHIEF OPERAT	40.00	Officer	$102,781	$0	$102,781
NICHOLAS HENRY	CHIEF STRATE	40.00	Officer	$91,092	$0	$91,092
JOHN H PAYNE	PRESIDENT	10.00	Officer Director	$0	$0	$0
STEVEN RUSSO	CORPORATE CO	10.00	Director	$0	$0	$0
KENNETH M SILVERMAN	TREASURER	10.00	Officer Director	$0	$0	$0
JEFF SINGLETON	SECRETARY	10.00	Officer 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	No data	No data	No data	No data
2023	$2,069,939	$3,095,091	$6,396,809	$-1,025,152
2022	$29,133,218	$30,957,943	$7,216,465	$-1,824,725
2021	$40,472,550	$38,924,622	$12,041,358	$1,547,928
2020	$4,734,096	$4,743,213	$9,939,244	$-9,117
2019	$829,326	$1,269,918	$8,191,423	$-440,592
2018	$1,894,067	$1,084,620	$9,125,588	$809,447

COMMUNITY INVESTMENT CORPORATION