ACADEMY ARMS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 222806500) - 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

1978

Legal Domicile

Principal Officer

JEFFREY HOUSE

Phone

6074320170

Tax Period

2024-04-01 to 2025-03-31

ACADEMY ARMS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1978, is a small nonprofit in the Housing & Shelter sector that reported $280K in total revenue in fiscal year 2024. Expenses of $265K left a modest 5% surplus.

Mission

TWENTY-EIGHT UNIT PROGRAM PROVIDING RESIDENCY FOR THE ELDERLY AND DISABLED.

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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 $276,848

Investment Income $65

Other Revenue $3,075

TOTAL REVENUE $279,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,718

Fundraising Expenses $0

Program Expenses $181,014

Other Expenses $203,675

TOTAL EXPENSES $265,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$279,988	$264,676	+0.1%
Expenses	$265,393	$258,983	+0.0%
Net Income	$14,595	$5,693	+1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY HOUSE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KERMIT WEAVER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD MILLER	SECRETARY/TREASURER	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	$279,988	$265,393	$408,773	$14,595
2024	$264,676	$258,983	$432,531	$5,693
2023	$252,086	$267,263	$446,693	$-15,177
2022	$246,693	$236,000	$490,067	$10,693
2021	$208,565	$249,472	$487,393	$-40,907
2020	$196,121	$238,294	$533,296	$-42,173
2019	$214,154	$234,394	$590,692	$-20,240

ACADEMY ARMS HOUSING DEVELOPMENT FUND COMPANY INC