FALCON HOUSING CORPORATION C/O CARR PROPERTY MANAGEMENT INC (EIN 043538884) - 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

2000

Legal Domicile

Principal Officer

HALDIMAND S PUTNAM

Phone

4135968228

Tax Period

2025-01-01 to 2025-12-31

FALCON HOUSING CORPORATION C/O CARR PROPERTY MANAGEMENT INC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $615K in total revenue in fiscal year 2025. Expenses of $739K exceeded revenue, resulting in a 20% operating deficit.

Mission

PROVIDE HOUSING FOR THE ELDERLY AND HANDICAPPED.

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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 $0

Program Service Revenue $618,253

Investment Income $-10,375

Other Revenue $7,595

TOTAL REVENUE $615,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $530,871

Other Expenses $739,132

TOTAL EXPENSES $739,132

Year-over-Year Comparison

	2025	2024	Change
Revenue	$615,473	$621,666	0.0%
Expenses	$739,132	$661,194	+0.1%
Net Income	$-123,659	$-39,528	+2.1%

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
HALDIMAND S PUTNAM	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICK O KIERNAN	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELE LAWLER	CLERK	1.00	Officer Director	$0	$0	$0
JUDITH THEOCLES	DIRECTOR	1.00	Director	$0	$0	$0
LAURI DOLEVA	DIRECTOR	1.00	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	$615,473	$739,132	$3,104,272	$-123,659
2024	No data	No data	No data	No data
2023	$578,531	$684,103	$3,296,228	$-105,572
2022	$466,133	$608,364	$3,395,293	$-142,231
2021	$481,515	$678,605	$3,539,536	$-197,090
2020	$496,550	$604,853	$3,697,850	$-108,303
2019	$434,745	$517,995	$3,820,104	$-83,250
2018	$423,040	$525,574	$3,889,864	$-102,534

FALCON HOUSING CORPORATION C/O CARR PROPERTY MANAGEMENT INC