FRIENDSHIP MANOR HOUSING DEVELOPMENT FUND COMPANY INC (EIN 222964992) - 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

1989

Legal Domicile

Principal Officer

DEACON GRADY THOMPSON

Phone

7168471020

Tax Period

2024-04-01 to 2025-03-31

FRIENDSHIP MANOR HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1989, is a small nonprofit in the Housing & Shelter sector that reported $587K in total revenue in fiscal year 2024.

Mission

LOW-INCOME HOUSING.

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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 $576,261

Investment Income $412

Other Revenue $10,239

TOTAL REVENUE $586,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,341

Fundraising Expenses $0

Program Expenses $449,724

Other Expenses $489,453

TOTAL EXPENSES $621,794

Year-over-Year Comparison

	2024	2023	Change
Revenue	$586,912	$548,880	+0.1%
Expenses	$621,794	$585,548	+0.1%
Net Income	$-34,882	$-36,668	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRADY THOMPSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
EVETTA CANNON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
LINDA ROBERTS	SECRETARY	5.00	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	$586,912	$621,794	$1,666,661	$-34,882
2024	$548,880	$585,548	$1,749,064	$-36,668
2023	$530,514	$524,158	$1,805,337	$6,356
2022	$520,951	$527,433	$1,885,740	$-6,482
2021	$497,307	$488,081	$1,947,599	$9,226
2020	$513,524	$515,109	$1,979,075	$-1,585
2019	$498,599	$529,065	$2,015,227	$-30,466
2018	$465,853	$484,742	$2,095,130	$-18,889

FRIENDSHIP MANOR HOUSING DEVELOPMENT FUND COMPANY INC