ARBOR HILL DEVELOPMENT CORPORATION (EIN 141628657) - 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

1981

Legal Domicile

Principal Officer

ARLENE WAY

Phone

5184639993

Tax Period

2024-07-01 to 2025-06-30

ARBOR HILL DEVELOPMENT CORPORATION, founded in 1981, is a small nonprofit that reported $258K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $335K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE ENTITY IS DEDICATED TO PROVIDING NEIGHBORHOOD ASSISTANCE INCLUDING AFFORDABLE HOMEOWNERSHIP, APARTMENT HOUSING, RESTORATION AND REVITALIZATION OF HOUSING, WORKFORCE DEVELOPMENT AND IMPROVING THE AREA'S QUALITY OF LIFE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $189,458

Program Service Revenue $64,095

Investment Income $3,255

Other Revenue $1,023

TOTAL REVENUE $257,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,814

Fundraising Expenses $6,126

Program Expenses $255,812

Other Expenses $137,091

TOTAL EXPENSES $334,905

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,831	$330,152	-0.2%
Expenses	$334,905	$385,851	-0.1%
Net Income	$-77,074	$-55,699	+0.4%

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

$45,006

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARLENE WAY	EXECUTIVE DI	40.00	Officer	$45,006	$0	$45,006
ELBERT WATSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDRE LAKE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ARTHUR LUMPKIN	TREASURER	1.00	Officer Director	$0	$0	$0
BARBARA JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
INNOCENT AKE	DIRECTOR	1.00	Director	$0	$0	$0
KIM RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
ALENE SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
IRVING BRADY	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	$257,831	$334,905	$516,099	$-77,074
2024	$330,152	$385,851	$590,631	$-55,699
2023	$759,644	$256,052	$729,317	$503,592
2022	$177,705	$233,771	$188,328	$-56,066
2021	$223,393	$209,605	$252,231	$13,788
2020	$225,709	$214,769	$153,697	$10,940

ARBOR HILL DEVELOPMENT CORPORATION