Providence Manor Development Corporation (EIN 261565763) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Michael W Tyler

Phone

4043496505

Tax Period

2025-01-01 to 2025-12-31

Providence Manor Development Corporation, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $823K in total revenue in fiscal year 2025. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $926K exceeded revenue, resulting in a 13% operating deficit.

Mission

Provided housing to elderly persons by operating an apartment community regulated under Section 202 of the National Housing Act of 1959.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $762,437

Investment Income $32

Other Revenue $60,598

TOTAL REVENUE $823,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $428,529

Fundraising Expenses $0

Program Expenses $877,952

Other Expenses $497,799

TOTAL EXPENSES $926,328

Year-over-Year Comparison

	2025	2024	Change
Revenue	$823,067	$616,941	+0.3%
Expenses	$926,328	$833,420	+0.1%
Net Income	$-103,261	$-216,479	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael W Tyler Esq	President	2.00	Officer Director	$0	$0	$0
Courtney Showell Sr	Treasurer	2.00	Officer Director	$0	$0	$0
Stephanie L Johnson	Secretary	2.00	Officer Director	$0	$0	$0
Rev Milledge Dixon	Director	2.00	Director	$0	$0	$0
Gail Glover	Director	2.00	Director	$0	$0	$0
Melvin S Hodges II	Director	2.00	Director	$0	$0	$0
Helen Stewart	Director	2.00	Director	$0	$0	$0
Myron Walker	Director	2.00	Director	$0	$0	$0
Kraig Jennings	Director	2.00	Director	$0	$0	$0
Donzaleigh Arrington	Director	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	$823,067	$926,328	$3,464,011	$-103,261
2024	No data	No data	No data	No data
2023	$527,156	$599,266	$3,652,944	$-72,110
2022	$502,701	$648,995	$3,729,663	$-146,294
2021	$471,515	$565,393	$3,844,681	$-93,878
2020	$451,532	$532,551	$3,936,916	$-81,019

Providence Manor Development Corporation