NATIONAL HOUSING AND EDUCATIONAL TRUST (EIN 204880415) - 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

2006

Legal Domicile

Principal Officer

DOUGLAS J WORKMAN

Phone

3108285100

Tax Period

2024-01-01 to 2024-12-31

NATIONAL HOUSING AND EDUCATIONAL TRUST, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $74K in total revenue in fiscal year 2024.

Mission

ACTIVITIES RELATED TO HOUSING FACILITIES FOR LOW-INCOME AND ELDERLY PERSONS IN THE UNITED STATES

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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 $21,654

Program Service Revenue $526,847

Investment Income $-622,123

Other Revenue $0

TOTAL REVENUE $-73,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,030

Fundraising Expenses $0

Program Expenses $10,103

Other Expenses $8,506

TOTAL EXPENSES $20,536

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-73,622	$-161,618	-0.5%
Expenses	$20,536	$432,598	-1.0%
Net Income	$-94,158	$-594,216	-0.8%

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

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER C HARTMAN	PRESIDENT	2.50	Officer Director	$12,000	$0	$12,000
MICHAEL SHERMAN	CFO & TREASURER (THRU 07/24)	1.00	Officer Director	$0	$0	$0
DAVID SILVERSTEIN	CFO & TREASURER (AS OF 07/24)	1.00	Officer Director	$0	$0	$0
DOUGLAS J WORKMAN	VICE PRESIDENT & SECRETARY	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
2024	$-73,622	$20,536	$2,268,244	$-94,158
2023	$-161,618	$432,598	$2,889,249	$-594,216
2022	$746,848	$16,529	$2,943,233	$730,319
2021	$2,822	$78,227	$2,943,865	$-75,405
2020	$65,981	$28,179	$2,772,511	$37,802
2019	$499,031	$76,725	$2,817,467	$422,306
2018	$131,316	$69,290	$1,677,003	$62,026

NATIONAL HOUSING AND EDUCATIONAL TRUST