THA Inc (EIN 200414076) - 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

2003

Legal Domicile

Principal Officer

Trey George

Phone

7853578842

Tax Period

2024-01-01 to 2024-12-31

THA Inc, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $157K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $252K exceeded revenue, resulting in a 60% operating deficit.

Mission

THA, Inc develops, manages and improves affordable 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 $0

Program Service Revenue $215,528

Investment Income $-58,054

Other Revenue $0

TOTAL REVENUE $157,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,819

Fundraising Expenses $0

Program Expenses $246,720

Other Expenses $243,955

TOTAL EXPENSES $251,774

Year-over-Year Comparison

	2024	2023	Change
Revenue	$157,474	$248,083	-0.4%
Expenses	$251,774	$536,064	-0.5%
Net Income	$-94,300	$-287,981	-0.7%

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

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
Robert Banks	Chairman	0.25	Officer Director	$0	$0	$0
Kyle Mead	Vice Chair	0.25	Officer Director	$0	$0	$0
Tamika Sellars	Director	0.25	Director	$0	$0	$0
Scott Brunner	Director	0.25	Director	$0	$0	$0
Alisa D Snavely	Director	0.25	Director	$0	$0	$0
Trey George	Executive Director	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
2024	$157,474	$251,774	$675,653	$-94,300
2023	$248,083	$536,064	$827,388	$-287,981
2022	$245,050	$572,837	$821,199	$-327,787
2021	$161,643	$311,738	$1,115,857	$-150,095
2020	$226,978	$411,249	$1,266,236	$-184,271
2019	$238,546	$258,601	$1,893,186	$-20,055
2018	$276,092	$246,888	$1,907,562	$29,204

THA Inc