HOUSING FUND FOR LINN COUNTY (EIN 208890152) - 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

Legal Domicile

Principal Officer

SARA BUCK

Phone

3193659941

Tax Period

2024-07-01 to 2025-06-30

HOUSING FUND FOR LINN COUNTY is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $456K, a strong 22% operating margin.

Mission

THE ORGINIZATION IS DEDICATED TO IMPROVING QUALITY OF LIFE BY OFFERING INNOVATIVE AND FLEXIBLE FUNDING IN ORDER TO EXPAND AFFORDABLE HOUSING OPPORTUNITIES WITHIN LINN COUNTY, IOWA.

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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 $2,008,286

Program Service Revenue $0

Investment Income $87,272

Other Revenue $0

TOTAL REVENUE $2,095,558

Expense Breakdown

Grants Paid $1,282,681

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,495,548

Other Expenses $357,141

TOTAL EXPENSES $1,639,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,095,558	$1,308,333	+0.6%
Expenses	$1,639,822	$1,065,986	+0.5%
Net Income	$455,736	$242,347	+0.9%

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
JACK GONDER LEFT FED 2025	CHAIR	N/A	Officer Director	$0	$0	$0
HUNTER SKOGMAN LEFT FEB 25	DIRECTOR	N/A	Director	$0	$0	$0
JOANNE STEVENS LEFT FEB 25	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE MURPHY LEFT FEB 25	DIRECTOR	N/A	Director	$0	$0	$0
TRACEY ACHENBACH LEFT FEB 25	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
ASHLEY BALIUS	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
AARON BAUMERT	TREASURER	2.00	Officer Director	$0	$0	$0
KESHA BILLINGS	SECRETARY	2.00	Officer Director	$0	$0	$0
KAREY CHASE	VICE CHAIRPE	2.00	Officer Director	$0	$0	$0
KIM DOWNS	DIRECTOR	1.00	Director	$0	$0	$0
JEROME EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
TERESA JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE MCALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
PAULA MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN SEYFER	DIRECTOR	1.00	Director	$0	$0	$0
DEAN SPINA	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY VANORNY	DIRECTOR	1.00	Director	$0	$0	$0
SARA BUCK	EXECUTIVE DI	40.00	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
2025	$2,095,558	$1,639,822	$1,912,082	$455,736
2024	No data	No data	No data	No data
2023	$1,692,389	$1,850,904	$1,237,493	$-158,515
2022	$1,921,864	$1,833,448	$1,788,326	$88,416
2021	$1,943,079	$757,928	$2,193,775	$1,185,151
2020	$451,674	$397,190	$959,899	$54,484
2019	$327,653	$323,411	$904,083	$4,242
2018	$611,856	$239,991	$953,197	$371,865

HOUSING FUND FOR LINN COUNTY