HOUSING DEVELOPMENT FOUNDATION INC (EIN 161583317) - 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

2000

Legal Domicile

Principal Officer

LAURIE J LEO

Phone

5855946890

Tax Period

2022-07-01 to 2023-06-30

HOUSING DEVELOPMENT FOUNDATION INC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $804K in total revenue in fiscal year 2022. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $199K, a strong 25% operating margin.

Mission

TO PROVIDE HOUSING FOR COLLEGE STUDENTS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $99,900

Program Service Revenue $684,470

Investment Income $19,804

Other Revenue $0

TOTAL REVENUE $804,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $558,027

Other Expenses $604,726

TOTAL EXPENSES $604,726

Year-over-Year Comparison

	2022	2021	Change
Revenue	$804,174	$952,342	-0.2%
Expenses	$604,726	$771,014	-0.2%
Net Income	$199,448	$181,328	+0.1%

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

N/A

Volunteers

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

$154,653

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURIE LEO	CHIEF FINANCIAL OFFICER	1.0	Officer	$0	$2,286	$154,653
TOM HILDEBRANDT	PRESIDENT & TREASURER	1.0	Director	$0	$0	$0
JOHN MCKENNA	VICE PRESIDENT & SECRETARY	1.0	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	No data	No data	No data	No data
2023	$804,174	$604,726	$5,001,558	$199,448
2022	$952,342	$771,014	$4,599,645	$181,328
2021	$918,753	$749,334	$4,406,172	$169,419
2020	$834,875	$676,554	$4,479,171	$158,321
2019	$1,101,465	$957,993	$4,527,653	$143,472
2018	$1,007,747	$732,391	$4,569,451	$275,356

HOUSING DEVELOPMENT FOUNDATION INC