Lima Community Improvement Corporation (EIN 882564263) - 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

2022

Legal Domicile

Principal Officer

Meri Foster

Phone

4199985568

Tax Period

2025-01-01 to 2025-12-31

Lima Community Improvement Corporation, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $725K in total revenue in fiscal year 2025. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $647K, a strong 89% operating margin.

Mission

Promoting economic development and community investment in the City of Lima in order to enhance the overall quality of life in the city and make Lima an attractive place to live, work, and play. To revitalize neighborhoods primarily for the benefit of low to moderate-income households through housing, community, and economic development.

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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 (2025)

Revenue Breakdown

Contributions & Grants $750,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-25,112

TOTAL REVENUE $724,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,126

Fundraising Expenses $0

Program Expenses $57,103

Other Expenses $34,279

TOTAL EXPENSES $77,405

Year-over-Year Comparison

	2025	2024	Change
Revenue	$724,888	$900,000	-0.2%
Expenses	$77,405	$91,792	-0.2%
Net Income	$647,483	$808,208	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jamie Dixon	Trustee	1.00	Director	$0	$0	$0
Jermaine Harper	Trustee	1.00	Director	$0	$0	$0
Frank Kohlhofer	Trustee	1.00	Director	$0	$0	$0
Ian Kohli	Trustee	1.00	Director	$0	$0	$0
Gwendolen Lane-Harvey	Trustee	1.00	Director	$0	$0	$0
Jed Metzger	Trustee	1.00	Director	$0	$0	$0
David Ross	Trustee	1.00	Director	$0	$0	$0
Carmilla Zion	Trustee	1.00	Director	$0	$0	$0
Meri Foster	Secretary/Treas	1.00	Officer	$0	$0	$0
Gary McPheron	Vice President	1.00	Officer	$0	$0	$0
Sharetta Smith	President	1.00	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
2025	$724,888	$77,405	$1,502,684	$647,483
2024	$900,000	$91,792	$856,827	$808,208

Lima Community Improvement Corporation