FRANKLIN FOUNDATION OF KETTERING P… - Form 990 Financial Data

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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

2005

Principal Officer

LYNN D DALTON

Phone

6144511919

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN FOUNDATION OF KETTERING PARK TWO INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $252K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $220K left a modest 13% surplus.

Mission

TO PROVIDE HOUSING TO QUALIFIED ELDERLY & HANDICAPPED PERSONS.

Program Service Accomplishments

Program 1

Expenses: $170,205

TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES WITH SUBSIDIES FORM THE DEPARTMENT OF HOUSING & URBAN DEVELOPMENT BASED ON TENANT NEEDS. THE HOUSING FACILITIES ARE SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

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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 $93,581

Program Service Revenue $107,973

Investment Income $534

Other Revenue $49,661

TOTAL REVENUE $251,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,205

Other Expenses $220,214

TOTAL EXPENSES $220,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$251,749	$188,404	+0.3%
Expenses	$220,214	$247,973	-0.1%
Net Income	$31,535	$-59,569	-1.5%

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

$120,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN D DALTON	PRESIDENT	1.00	Officer	$0	$0	$120,000
THOMAS F HAVENS	TRUSTEE	0.25	Director	$0	$0	$0
JOHN F HAVENS II	TRUSTEE	0.25	Director	$0	$0	$0
SUZANNE H NICK	TRUSTEE	0.25	Director	$0	$0	$0
ELLEN H HARDYMON	SEC/TREAS	1.00	Officer	$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	$251,749	$220,214	$1,005,111	$31,535
2023	$188,404	$247,973	$1,016,438	$-59,569
2022	$173,279	$222,603	$1,060,402	$-49,324
2021	$175,091	$225,965	$1,111,859	$-50,874
2020	$171,555	$211,368	$1,157,251	$-39,813
2019	$169,449	$202,208	$1,198,531	$-32,759
2018	$162,906	$196,269	$1,225,936	$-33,363

FRANKLIN FOUNDATION OF KETTERING PARK TWO INC