GRINNELL AREA HOUSING INC (EIN 237356791) - 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

1974

Legal Domicile

Principal Officer

RONALD BRYAN

Phone

5634326160

Tax Period

2025-01-01 to 2025-12-31

GRINNELL AREA HOUSING INC, founded in 1974, is a small nonprofit that reported $275K in total revenue in fiscal year 2025.

Mission

TO PROVIDE AFFORDABLE RENTAL HOUSING TO ELDERLY AND LOW INCOME RESIDENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $275,018

Investment Income $102

Other Revenue $0

TOTAL REVENUE $275,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $216,103

Other Expenses $273,049

TOTAL EXPENSES $273,049

Year-over-Year Comparison

	2025	2024	Change
Revenue	$275,120	$256,287	+0.1%
Expenses	$273,049	$307,575	-0.1%
Net Income	$2,071	$-51,288	-1.0%

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

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
RONALD BRYAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DOUG CAMERON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DORIS L HOTCHKIN	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS NOLTE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL KOLPIN	DIRECTOR	1.00	Director	$0	$0	$0
BETTY LUDDEN	DIRECTOR	1.00	Director	$0	$0	$0
FRANK SHULTS	DIRECTOR	1.00	Director	$0	$0	$0
KATE SLATER RESIGNED IN 2025	SECRETARY	N/A	Director	$0	$0	$0
BILLY MCNALLY RESIGNED IN 2025	DIRECTOR	N/A	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	$275,120	$273,049	$413,970	$2,071
2024	$256,287	$307,575	$417,081	$-51,288
2023	$512,288	$304,155	$482,672	$208,133
2022	$332,218	$282,827	$320,340	$49,391
2021	$326,132	$300,026	$331,104	$26,106
2020	$285,858	$294,439	$322,916	$-8,581
2019	$300,636	$344,805	$397,408	$-44,169
2018	$307,928	$273,883	$427,397	$34,045

GRINNELL AREA HOUSING INC