EMPIRE HOMES OF MARYLAND INC AND SUBSIDIARIES (EIN 203521473) - 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

2005

Legal Domicile

Principal Officer

ANTHONY I BUTLER

Phone

4105765070

Tax Period

2019-07-01 to 2020-06-30

EMPIRE HOMES OF MARYLAND INC AND SUBSIDIARIES, founded in 2005, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2019. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $2.7M exceeded revenue, resulting in a 38% operating deficit.

Mission

DEVELOP, MANAGE, AND MAINTAIN AFFORDABLE RESIDENTIAL PROPERTIES FOR LOW-INCOME PEOPLE AND THOSE WITH DISABILITIES.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $1,418,139

Program Service Revenue $513,748

Investment Income $1,675

Other Revenue $0

TOTAL REVENUE $1,933,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $377,201

Fundraising Expenses $0

Program Expenses $2,618,604

Other Expenses $2,293,177

TOTAL EXPENSES $2,670,378

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,933,562	$3,228,422	-0.4%
Expenses	$2,670,378	$2,552,105	+0.0%
Net Income	$-736,816	$676,317	-2.1%

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

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

$268,834

Total Directors

Key Employees

$9,640

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHANNA WILLIAMS	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
ALICE COLE	SECRETARY	0.50	Officer Director	$0	$0	$0
JASMINE RICHARDSON	ASSISTANT VP	0.50	Director	$0	$0	$0
CHERON PORTER	DIRECTOR	0.50	Director	$0	$0	$0
SESON TAYLOR	DIRECTOR	0.50	Director	$0	$0	$0
MICHELE HALL-DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
DAVID BOOKHOUT	DIRECTOR	0.50	Director	$0	$0	$0
ANTHONY I BUTLER	PRESIDENT/CEO	6.00	Officer	$0	$15,662	$165,662
ERNESTINA ALEXANDER	SECRETARY	24.00	Officer	$0	$480	$103,172
SURBHI SETH	ACCOUNTING MANAGER	26.00	Key Emp	$0	$321	$9,640

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
2020	$1,933,562	$2,670,378	$11,401,349	$-736,816
2019	$3,228,422	$2,552,105	$11,903,820	$676,317
2018	$4,488,890	$2,750,982	$11,323,779	$1,737,908

EMPIRE HOMES OF MARYLAND INC AND SUBSIDIARIES