VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION (EIN 113755386) - 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

1994

Legal Domicile

Principal Officer

MALCOLM A PUNTER

Phone

2122814887

Tax Period

2023-01-01 to 2023-12-31

VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD.

🔒

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 $1,898,423

Investment Income $35,131

Other Revenue $0

TOTAL REVENUE $1,933,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $330,521

Fundraising Expenses $0

Program Expenses $1,898,462

Other Expenses $1,825,907

TOTAL EXPENSES $2,156,428

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,933,554	$1,390,643	+0.4%
Expenses	$2,156,428	$2,061,415	+0.0%
Net Income	$-222,874	$-670,772	-0.7%

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

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
REV DR GAIL F BADGER	MEMBER	1.00	Director	$0	$0	$0
DEACON RODNEY A BECKFORD	MEMBER	1.00	Director	$0	$0	$0
REV EVA G DUZANT	TREASURER	1.00	Director	$0	$0	$0
REV DR KIMBERLY HOLMES ESQ	MEMBER	1.00	Director	$0	$0	$0
GEORGE H WELDON JR	2ND VICE CHA	1.00	Officer Director	$0	$0	$0
REV GREGORY A MERRIWEATHER JR	MEMBER	1.00	Director	$0	$0	$0
REV WENDY J KELLY-CARTER	MEMBER	1.00	Director	$0	$0	$0
DEBRA WASHINGTON MBA	ASSISTANT TR	1.00	Director	$0	$0	$0
VIRGINIA M MONTAGUE	MEMBER	1.00	Director	$0	$0	$0
REV NIGEL PEARCE	1ST VICE CHA	1.00	Director	$0	$0	$0
MALCOLM A PUNTER	PRESIDENT/CE	1.00	Officer Director	$0	$0	$0
IMAM TALIB ABDUR RASHID	CORPORATE SE	1.00	Director	$0	$0	$0
REV KEITH WILLIAM ROBERSON	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
REV DR LOREN J RUSSELL	MEMBER	1.00	Director	$0	$0	$0
REV JOHN L SCOTT	ASSIST. SECR	1.00	Director	$0	$0	$0
REV SHEPHERD LEE SR	3RD VICE CHA	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	$1,933,554	$2,156,428	$3,537,566	$-222,874
2022	$1,390,643	$2,061,415	$3,375,313	$-670,772
2021	$1,416,337	$2,009,747	$3,857,673	$-593,410
2020	$1,318,320	$1,786,495	$4,566,527	$-468,175
2019	$2,634,295	$2,227,766	$4,808,548	$406,529
2018	$1,202,656	$1,717,271	$4,635,193	$-514,615

VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION