Grand Avenue ECDC Housing Inc (EIN 223890119) - 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

Tax Period

2023-07-01 to 2024-06-30

Grand Avenue ECDC Housing Inc, founded in 2002, is a micro nonprofit in the Housing & Shelter sector that reported $94K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $161K exceeded revenue, resulting in a 71% operating deficit.

Mission

To provide housing options for disabled low income individuals in Volusia 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 $0

Program Service Revenue $91,999

Investment Income $0

Other Revenue $1,909

TOTAL REVENUE $93,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,617

Fundraising Expenses $0

Program Expenses $136,427

Other Expenses $151,432

TOTAL EXPENSES $161,049

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,908	$85,823	+0.1%
Expenses	$161,049	$143,900	+0.1%
Net Income	$-67,141	$-58,077	+0.2%

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
Larri Thatcher	Secretary	2.00	Director	$0	$0	$0
Jann Rigell	Vice President	2.00	Director	$0	$0	$0
Helaine Blum	PresidentTreasurer	2.00	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	$93,908	$161,049	$1,089,378	$-67,141
2023	$85,823	$143,900	$1,140,226	$-58,077
2022	$87,824	$131,096	$1,191,642	$-43,272
2021	$83,080	$125,815	$1,234,102	$-42,735
2020	$85,283	$126,408	$1,279,857	$-41,125
2019	$85,430	$126,412	$1,319,638	$-40,982

Grand Avenue ECDC Housing Inc