TUSCAN BROTHERHOOD HOMES II (EIN 061088834) - 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

1984

Legal Domicile

Principal Officer

JOSEPH JENNINGS

Phone

8605270659

Tax Period

2024-01-01 to 2024-12-31

TUSCAN BROTHERHOOD HOMES II, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.8M exceeded revenue, resulting in a 18% operating deficit.

Mission

LOW INCOME AFFORDABLE HOUSING USING HUD RESOURCES

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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 $1,598,729

Program Service Revenue $715,612

Investment Income $58,368

Other Revenue $25

TOTAL REVENUE $2,372,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,800

Fundraising Expenses $0

Program Expenses $2,541,847

Other Expenses $2,415,418

TOTAL EXPENSES $2,789,218

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,372,734	$2,107,959	+0.1%
Expenses	$2,789,218	$1,924,006	+0.4%
Net Income	$-416,484	$183,953	-3.3%

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

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
CHARLES TEALE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH JENNINGS	PRESIDENT	1.00	Officer Director	$0	$0	$0
POLEAN WARE	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SMITH	VICE PRESIDENT	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	$2,372,734	$2,789,218	$12,703,625	$-416,484
2023	$2,107,959	$1,924,006	$3,061,812	$183,953
2022	$1,685,176	$1,785,561	$2,742,819	$-100,385
2021	$1,806,592	$1,640,361	$2,899,236	$166,231
2020	$1,689,759	$1,728,335	$2,842,482	$-38,576
2019	$1,626,769	$1,755,110	$2,901,501	$-128,341
2018	$1,610,267	$1,720,955	$3,029,169	$-110,688
2017	$1,501,308	$1,746,717	$3,338,533	$-245,409

TUSCAN BROTHERHOOD HOMES II