HARBOR VIEW HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161428990) - 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

1995

Legal Domicile

Principal Officer

LINDA WHITNEY

Phone

3154241821

Tax Period

2023-07-01 to 2024-06-30

HARBOR VIEW HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1995, is a small nonprofit that reported $271K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

LOW INCOME HOUSING FOR THE ELDERLY. THE ORGANIZATION WAS ORGANIZED EXCLUSIVELY TO DEVELOP, OWN AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 221 (D)(4) OF THE NATIONAL HOUSING ACT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $269,276

Investment Income $17

Other Revenue $1,924

TOTAL REVENUE $271,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,230

Fundraising Expenses $0

Program Expenses $160,231

Other Expenses $202,257

TOTAL EXPENSES $268,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,217	$191,215	+0.4%
Expenses	$268,487	$265,100	+0.0%
Net Income	$2,730	$-73,885	-1.0%

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
JULIE MCDOUGAL	VICE PRESIDE	0.10	Officer Director	$0	$0	$0
JOHN WHITNEY	BOARD MEMBER	0.10	Director	$0	$0	$0
LINDA WHITNEY	PRESIDENT	0.25	Officer Director	$0	$0	$0
MEGAN WHITNEY	SECRETARY	0.25	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
2025	No data	No data	No data	No data
2024	$271,217	$268,487	$896,602	$2,730
2023	$191,215	$265,100	$920,336	$-73,885
2022	$169,415	$246,627	$943,273	$-77,212
2021	$195,871	$294,826	$994,136	$-98,955
2020	$230,647	$284,132	$1,091,245	$-53,485
2019	$224,197	$288,491	$1,139,602	$-64,294

HARBOR VIEW HOUSING DEVELOPMENT FUND COMPANY INC