RURAL HOMES LTD (EIN 061007256) - 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

1979

Legal Domicile

Principal Officer

BARBARA MCGRATH

Phone

8605648230

Tax Period

2023-01-01 to 2023-12-31

RURAL HOMES LTD, founded in 1979, is a micro nonprofit that reported $47K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $82K exceeded revenue, resulting in a 74% operating deficit.

Mission

AFFORDABLE HOUSING MANAGEMENT & DEVELOPMENT

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,944

Investment Income $0

Other Revenue $0

TOTAL REVENUE $46,944

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,645

Other Expenses $31,645

TOTAL EXPENSES $81,645

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,944	$39,483	+0.2%
Expenses	$81,645	$33,402	+1.4%
Net Income	$-34,701	$6,081	-6.7%

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

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
RICCIARDONE DEMETRIO	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MCGRATH	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFFREY BEADLE	SECRETARY	1.00	Officer Director	$0	$0	$0
GEORGE HERNANDEZ	DIRECTOR	1.00	Director	$0	$0	$0
KARL NORTON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTA DWYER	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN JEPSON JR	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
2024	No data	No data	No data	No data
2023	$46,944	$81,645	$1,400,274	$-34,701
2022	$39,483	$33,402	$1,434,975	$6,081
2021	$35,957	$35,204	$1,428,894	$753
2020	$28,736	$37,711	$1,428,141	$-8,975
2019	$30,066	$84,755	$1,437,116	$-54,689
2018	$45,879	$30,842	$1,491,805	$15,037

RURAL HOMES LTD