OTSEGO RURAL HOUSING ASSISTANCE INC (EIN 222542309) - 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

1984

Legal Domicile

Principal Officer

BRIDGET STITH

Phone

6072867244

Tax Period

2023-07-01 to 2024-06-30

OTSEGO RURAL HOUSING ASSISTANCE INC, founded in 1984, is a small nonprofit that reported $448K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $398K left a modest 11% surplus.

Mission

TO ADDRESS THE HOUSING NEEDS OF LOW AND MODERATE INCOME RESIDENTS OF OTSEGO COUNTY AND TO ASSIST IN IMPROVING HOUSING AND RELATED RETAIL AND SERVICE ESTABLISHMENTS IN RURAL COMMUNITIES WITHIN THE COUNTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $444,700

Program Service Revenue $3,200

Investment Income $19

Other Revenue $180

TOTAL REVENUE $448,099

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,167

Fundraising Expenses $0

Program Expenses $239,376

Other Expenses $190,097

TOTAL EXPENSES $398,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$448,099	$809,638	-0.4%
Expenses	$398,264	$913,125	-0.6%
Net Income	$49,835	$-103,487	-1.5%

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

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

$56,212

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIDGET STITH	Executive Dir.	35.00	Officer	$56,212	$0	$56,212
TREVOR FULLER	Trustee	1.00	Director	$0	$0	$0
CARINA FRANCK	Treasurer	1.00	Officer Director	$0	$0	$0
SHERYL CHAMPEN	Trustee	1.00	Director	$0	$0	$0
GREG CROWELL	President	1.00	Officer Director	$0	$0	$0
KAREN WALKER	Vice President	1.00	Officer Director	$0	$0	$0
SUE MILLER	Secretary	1.00	Officer Director	$0	$0	$0
ADAM FRENIER	Trustee	1.00	Director	$0	$0	$0
ELIZABETH DUNN	Trustee	1.00	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	No data	No data	No data	No data
2024	$448,099	$398,264	$172,863	$49,835
2023	$809,638	$913,125	$211,187	$-103,487
2022	$831,659	$961,886	$209,843	$-130,227
2021	$1,110,217	$1,083,671	$331,048	$26,546
2020	$756,706	$753,830	$373,755	$2,876
2019	$976,670	$988,157	$234,333	$-11,487
2018	$607,972	$627,553	$216,025	$-19,581

OTSEGO RURAL HOUSING ASSISTANCE INC