CARDINGTON COMMUNITY IMPROVEMENT CORPORATION (EIN 900174660) - 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

2008

Legal Domicile

Principal Officer

TROY RUEHRMUND

Phone

4198646841

Tax Period

2023-01-01 to 2023-12-31

CARDINGTON COMMUNITY IMPROVEMENT CORPORATION, founded in 2008, is a micro nonprofit in the Community Improvement sector that reported $25K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $23K left a modest 5% surplus.

Mission

THE ORGANIZATION OWN BUILDINGS AND RENTS TO BUSINESSES AS WELL AS PROVIDING LOANS TO SMALL BUSINESS TO PROMOTE GROWTH IN THE COMMUNITY

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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 $75

Program Service Revenue $0

Investment Income $7,543

Other Revenue $17,117

TOTAL REVENUE $24,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $23,470

TOTAL EXPENSES $23,470

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,735	$33,496	-0.3%
Expenses	$23,470	$18,711	+0.3%
Net Income	$1,265	$14,785	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TROY RUEHRMUND	PRESIDENT	5.00	Officer	$0	$0	$0
LISA BRAKE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
DARLENE WALLACE	TREASURER	6.00	Officer	$0	$0	$0
GENE GOMPF	SECRETARY	5.00	Officer	$0	$0	$0
SHERRY GRAHAM	VILLAGE COUNCIL	2.00	Director	$0	$0	$0
RICK MITCHELL	TRUSTEE	2.00	Director	$0	$0	$0
KATE MILLER	TRUSTEE	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$24,735	$23,470	$932,045	$1,265
2022	$33,496	$18,711	$939,712	$14,785
2021	$42,267	$21,902	$927,203	$20,365
2020	$163,035	$18,656	$958,846	$144,379
2019	$35,688	$18,385	$858,870	$17,303
2018	$29,010	$18,022	$846,760	$10,988

CARDINGTON COMMUNITY IMPROVEMENT CORPORATION