Better Housing for Erie East Corporation (EIN 237369341) - 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

1972

Legal Domicile

Principal Officer

DCN RICHARD P O'POLKA

Phone

8148241111

Tax Period

2018-10-01 to 2019-09-30

Better Housing for Erie East Corporation, founded in 1972, is a small nonprofit that reported $176K in total revenue in fiscal year 2018. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $81K, a strong 46% operating margin.

Mission

FIRST ERIE BETTER HOUSING EAST CORPORATION IN COOPERATION WITH THE CATHOLIC DIOCESE OF ERIE IN NORTHWEST PA PROVIDES ATTRACTIVE AND AFFORDABLE RENTAL HOUSING TO VERY LOW AND LOW INCOME FAMILIES.

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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 $41,174

Program Service Revenue $11,465

Investment Income $123,478

Other Revenue $0

TOTAL REVENUE $176,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,351

Fundraising Expenses $0

Program Expenses $80,851

Other Expenses $89,820

TOTAL EXPENSES $95,171

Year-over-Year Comparison

	2018	2017	Change
Revenue	$176,117	$261,890	-0.3%
Expenses	$95,171	$183,603	-0.5%
Net Income	$80,946	$78,287	+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

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

$113,456

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DCN RICHARD BROGDON	PRESIDENT	15.00	Officer Director	$0	$0	$0
DCN RICHARD P O'POLKA	TREASURER	1.00	Officer Director	$0	$0	$0
CYNTHIA FARABAUGH-HOOD	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY SKIBA	DIRECTOR	1.00	Director	$0	$0	$0
TIM ROBERTS	Vice Chairman	1.00	Director	$0	$0	$0
THOMAS ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SCHAAF SR	DIRECTOR	1.00	Director	$0	$0	$0
ANN BADACH	DIRECTOR	1.00	Director	$0	$26,050	$113,456
DAVID GONZALEZ	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
2019	$176,117	$95,171	No data	$80,946
2018	$261,890	$183,603	$345,560	$78,287

Better Housing for Erie East Corporation