TANNERSVILLE HOUSING DEVELOPMENT FUND COMPANY INC (EIN 223857312) - 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

2002

Legal Domicile

Principal Officer

TRISH LAMB

Phone

5189436700

Tax Period

2024-01-01 to 2024-12-31

TANNERSVILLE HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $104K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $138K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME ELDERLY INDIVIDUALS

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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 $59,314

Program Service Revenue $44,251

Investment Income $68

Other Revenue $0

TOTAL REVENUE $103,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,410

Other Expenses $137,952

TOTAL EXPENSES $137,952

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,633	$95,575	+0.1%
Expenses	$137,952	$130,482	+0.1%
Net Income	$-34,319	$-34,907	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

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
WILLIE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN BALTHAZAR HEITZMANN	DIRECTOR	1.00	Director	$0	$0	$0
FLORENCE HOHENSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
TRISH LAMB	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFFREY BARRETT	DIRECTOR	1.00	Director	$0	$0	$0
RUTH PFORTE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
REBECCA SHIELDS	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA QUICK-ANTIONETTE	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN PICCOLI	DIRECTOR	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
2024	$103,633	$137,952	$1,145,512	$-34,319
2023	$95,575	$130,482	$1,184,949	$-34,907
2022	$70,801	$125,248	$1,224,667	$-54,447
2021	$76,238	$103,008	$1,266,576	$-26,770
2020	$68,255	$107,579	$1,303,895	$-39,324
2019	$68,431	$110,125	$1,337,072	$-41,694
2018	$71,638	$108,653	$1,377,943	$-37,015

TANNERSVILLE HOUSING DEVELOPMENT FUND COMPANY INC