FALCONER LUTHERAN HOUSING DEVELOPMENT FUND CO INC (EIN 223017087) - 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

1991

Legal Domicile

Phone

7166658197

Tax Period

2018-01-01 to 2018-12-31

FALCONER LUTHERAN HOUSING DEVELOPMENT FUND CO INC, founded in 1991, is a small nonprofit that reported $324K in total revenue in fiscal year 2018. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 55% operating margin.

Mission

HUD SUBSIDIZED HOUSING FOR ELDERLY &/OR MOBILITY IMPAIRED

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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 (2018)

Revenue Breakdown

Contributions & Grants $62,749

Program Service Revenue $41,293

Investment Income $220,107

Other Revenue $0

TOTAL REVENUE $324,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,806

Other Expenses $146,934

TOTAL EXPENSES $146,934

Year-over-Year Comparison

	2018	2017	Change
Revenue	$324,149	$147,763	+1.2%
Expenses	$146,934	$136,670	+0.1%
Net Income	$177,215	$11,093	+15.0%

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

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

$683,626

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY M JOHNSON	TREASURER	0.10	Officer Director	$0	$0	$0
CLARK POPPLETON	DIRECTOR	0.10	Director	$0	$0	$0
BRIGETTA OVERCASH	SECRETARY	0.10	Officer Director	$0	$0	$0
KAREN RINE	VICE CHAIR	0.10	Officer Director	$0	$0	$0
R MICHAEL GOLDMAN	DIRECTOR	0.10	Director	$0	$0	$0
TERRY TURNER	CHAIR	0.10	Officer Director	$0	$0	$0
REV JOHN MACHOLZ BISHOP	DIRECTOR	0.10	Director	$0	$0	$0
ROSLIN NEWTON	DIRECTOR	0.10	Director	$0	$0	$0
JOEL GADEN	DIRECTOR	0.10	Director	$0	$0	$0
REV ALAN W ANDERSON	DIRECTOR	0.10	Director	$0	$0	$0
THEODORE BOGDAN	DIRECTOR	0.10	Director	$0	$0	$0
DON S DEAN WEAVER	DIRECTOR	0.10	Director	$0	$0	$0
TIMOTHY MAGNUSON	DIRECTOR	0.10	Director	$0	$0	$0
J ERIC LIVENGOOD	DIRECTOR	0.10	Director	$0	$0	$0
THOMAS E HOLT	PRESIDENT/CEO	0.25	Officer	$0	$13,880	$434,664
JASON W BECKWITH	CFO	0.25	Officer	$0	$11,988	$248,962

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
2018	$324,149	$146,934	No data	$177,215

FALCONER LUTHERAN HOUSING DEVELOPMENT FUND CO INC