Daisy Housing Development Fund Corporation (EIN 161612438) - 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

2001

Legal Domicile

Principal Officer

Rev Errol E Hunt

Phone

5855464701

Tax Period

2023-01-01 to 2023-12-31

Daisy Housing Development Fund Corporation, founded in 2001, is a small nonprofit that reported $173K in total revenue in fiscal year 2023. Expenses of $217K exceeded revenue, resulting in a 25% operating deficit.

Mission

Provide affordable housing for low income elderly individuals.

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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 $173,066

Investment Income $201

Other Revenue $0

TOTAL REVENUE $173,267

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,958

Fundraising Expenses $0

Program Expenses $176,174

Other Expenses $175,167

TOTAL EXPENSES $217,125

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,267	$168,758	+0.0%
Expenses	$217,125	$226,892	0.0%
Net Income	$-43,858	$-58,134	-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

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

$44,746

Total Directors

$23,846

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rev Errol E Hunt	President	0.60	Officer Director	$0	$0	$23,846
Bishop Ronald J Hoston	Member	0.10	Director	$0	$0	$0
Waltrine Richardson	Member	0.10	Director	$0	$0	$0
Eraina Linder	Member	0.10	Director	$0	$0	$0
Judith Dunbar	Secretary	0.10	Officer Director	$0	$0	$0
Rosa Wims	Member	0.10	Director	$0	$0	$0
Mordecai A Jones	Treasurer	0.10	Officer Director	$0	$0	$0
Clayton L Wiley	Member	0.10	Director	$0	$0	$0
Sam Simpson	Member	0.10	Director	$0	$0	$0
Alberta Latimer-Hunt	Administrative Manager	10.00	Officer	$0	$0	$20,900

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	$173,267	$217,125	$1,277,145	$-43,858
2022	$168,758	$226,892	$1,327,706	$-58,134
2021	$157,741	$223,322	$1,382,734	$-65,581
2020	$166,637	$211,557	$1,442,003	$-44,920
2019	$160,147	$205,434	$1,493,792	$-45,287
2018	$151,418	$226,441	$1,539,709	$-75,023

Daisy Housing Development Fund Corporation