MADRONE COMMUNITY DEVELOPMENT FOUNDATION (EIN 874391708) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

RICHARD N WAUGH

Phone

2144766779

Tax Period

2024-01-01 to 2024-12-31

MADRONE COMMUNITY DEVELOPMENT FOUNDATION, founded in 2021, is a micro nonprofit in the Community Improvement sector that reported $48K in total revenue in fiscal year 2024. Expenses of $106K exceeded revenue, resulting in a 121% operating deficit.

Mission

ASSISTING WITH THE DEVELOPMENT AND CONSTRUCTION OF STUDENT AND WORKFORCE HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $50

Program Service Revenue $48,000

Investment Income $4

Other Revenue $0

TOTAL REVENUE $48,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,323

Fundraising Expenses $0

Program Expenses $85,410

Other Expenses $44,767

TOTAL EXPENSES $106,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$48,054	N/A	N/A
Expenses	$106,090	$3,365	+30.5%
Net Income	$-58,036	$-3,365	+16.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$56,250

Total Directors

$33,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD N WAUGH	PRESIDENT	40.00	Officer Director	$33,750	$0	$33,750
THOMAS HIGGINS	BOARD MEMBER	1.00	Director	$0	$0	$0
PRIA HIDISYAN	SECRETARY	1.00	Officer Director	$0	$0	$0
SUNDEE WISLOW	BOARD MEMBER	1.00	Director	$0	$0	$0
ZACHARY HEINEMAN	TREASURER	1.00	Officer Director	$0	$0	$0
BLAIR TAVENNER	CHIEF OPERATING OFFICER	40.00	Officer	$22,500	$0	$22,500

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
2025	No data	No data	No data	No data
2024	$48,054	$106,090	$72,133,423	$-58,036

MADRONE COMMUNITY DEVELOPMENT FOUNDATION