MARIE ROSE MANOR HOUSING DEVELOPMENT FUND COMPANY INC (EIN 141762092) - 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

1996

Legal Domicile

Principal Officer

MARY OLSEN

Phone

5184590183

Tax Period

2024-04-01 to 2025-03-31

MARIE ROSE MANOR HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1996, is a small nonprofit that reported $326K in total revenue in fiscal year 2024. Expenses of $427K exceeded revenue, resulting in a 31% operating deficit.

Mission

LOW-INCOME HOUSING

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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 $90,521

Program Service Revenue $229,093

Investment Income $1,725

Other Revenue $4,438

TOTAL REVENUE $325,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,946

Fundraising Expenses $0

Program Expenses $265,848

Other Expenses $298,427

TOTAL EXPENSES $427,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$325,777	$315,989	+0.0%
Expenses	$427,373	$402,102	+0.1%
Net Income	$-101,596	$-86,113	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL LEO	MEMBER	1.00	Director	$0	$0	$0
JAMES EARLY	MEMBER	1.00	Director	$0	$0	$0
MARY OLSEN	MEMBER	1.00	Director	$0	$0	$0
RICHARD PROVOST	PRESIDENT	1.00	Officer	$0	$0	$0
NOEL OLSEN	VP	1.00	Officer	$0	$0	$0
EDWARD KNAPP	TREASURER	1.00	Officer	$0	$0	$0
LAETITIA RHATIGAN	SECRETARY	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
2025	$325,777	$427,373	$1,036,208	$-101,596
2024	$315,989	$402,102	$1,120,658	$-86,113
2023	$294,620	$363,395	$1,167,482	$-68,775
2022	$310,073	$368,831	$1,232,142	$-58,758
2021	$300,184	$352,226	$1,281,945	$-52,042
2020	$306,480	$331,927	$1,330,223	$-25,447
2019	$318,598	$323,483	$1,366,234	$-4,885

MARIE ROSE MANOR HOUSING DEVELOPMENT FUND COMPANY INC