GRANT PIERCE HOUSING INC C/O CORNELL MANAGEMENT CORP (EIN 202666431) - 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

2005

Legal Domicile

Principal Officer

EDWARD ROGERS

Phone

5089915715

Tax Period

2024-07-01 to 2025-06-30

GRANT PIERCE HOUSING INC C/O CORNELL MANAGEMENT CORP, founded in 2005, is a small nonprofit in the Human Services sector that reported $450K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 29% operating margin.

Mission

TO ACQUIRE, OWN AND OPERATE HOUSING FOR THE ELDERLY, PHYSICALLY HANDICAPPED, LOW INCOME INDIVIDUALS AND FAMILIES.

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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 $404,357

Investment Income $35,701

Other Revenue $9,669

TOTAL REVENUE $449,727

Expense Breakdown

Grants Paid $2,150

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $316,099

Other Expenses $317,264

TOTAL EXPENSES $319,414

Year-over-Year Comparison

	2024	2023	Change
Revenue	$449,727	$262,332	+0.7%
Expenses	$319,414	$230,360	+0.4%
Net Income	$130,313	$31,972	+3.1%

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
DIANN HAYNES	BOARD MEMBER	1.00	Director	$0	$0	$0
EDWARD ROGERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANNE COSTA	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBBIE WATKINS	PRESIDENT	1.00	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	$449,727	$319,414	$280,899	$130,313
2024	$262,332	$230,360	$949,401	$31,972
2023	$213,910	$290,250	$933,830	$-76,340
2022	$82,765	$15,231	$223,637	$67,534
2021	$203,690	$156,742	$360,491	$46,948
2020	$187,511	$136,801	$981,291	$50,710
2019	$101,557	$77,858	$151,094	$23,699
2018	$737,426	$544,479	$595,839	$192,947

GRANT PIERCE HOUSING INC C/O CORNELL MANAGEMENT CORP