CIVIC NEW MARKETS SUPPORT CORPORATION IV (EIN 921719410) - 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

2023

Legal Domicile

Principal Officer

DAVID UMANSKY

Phone

2125717260

Tax Period

2024-01-01 to 2024-12-31

CIVIC NEW MARKETS SUPPORT CORPORATION IV, founded in 2023, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 28% operating deficit.

Mission

THE CORPORATION WAS FORMED AS A 501(C)(3) ORGANIZATION TO BORROW FUNDS AND TO MAKE A LOAN INTO A FINANCING STRUCTURE FOR A CHARTER SCHOOL DEVELOPMENT PROJECT IN THE BRONX, NEW YORK.

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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 $15,000

Program Service Revenue $0

Investment Income $1,298,853

Other Revenue $0

TOTAL REVENUE $1,313,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,674,145

Other Expenses $1,687,195

TOTAL EXPENSES $1,687,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,313,853	$1,102,356	+0.2%
Expenses	$1,687,195	$1,242,247	+0.4%
Net Income	$-373,342	$-139,891	+1.7%

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

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

$559,678

Total Directors

$559,678

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID UMANSKY	PRESIDENT	1.00	Officer Director	$0	$47,701	$559,678
FAYE PREMER	TREASURER	1.00	Officer Director	$0	$0	$0
RAJEEV BAJAJ	SECRETARY	1.00	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	$1,313,853	$1,687,195	$32,107,842	$-373,342
2023	$1,102,356	$1,242,247	$31,623,879	$-139,891

CIVIC NEW MARKETS SUPPORT CORPORATION IV