HFA COMMUNITY HOUSING DEVELOPMENT INC C/O HOMES FOR AMERICA INC (EIN 262155870) - 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

2008

Legal Domicile

Principal Officer

DANA JOHNSON

Phone

4102691222

Tax Period

2024-04-01 to 2025-03-31

HFA COMMUNITY HOUSING DEVELOPMENT INC C/O HOMES FOR AMERICA INC, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

HFA COMMUNITY HOUSING DEVELOPMENT, INC. HAS BEEN FORMED TO CARRY OUT AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT ACTIVITIES IN THE BALTIMORE METROPOLITAN AREA.

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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 $0

Program Service Revenue $1,351,041

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,351,041

Expense Breakdown

Grants Paid $694,930

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,444,210

Other Expenses $749,280

TOTAL EXPENSES $1,444,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,351,041	$804,250	+0.7%
Expenses	$1,444,210	$1,002,681	+0.4%
Net Income	$-93,169	$-198,431	-0.5%

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

N/A

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

$767,411

Total Directors

$767,411

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANA JOHNSON	DIRECTOR/PRESIDENT	0.25	Officer Director	$0	$34,506	$287,750
W ANDREW HANSON	DIRECTOR/VICE PRESIDENT	0.25	Officer Director	$0	$32,204	$230,354
JOLLY BURKS	DIRECTOR/SECRETARY/TREASUR	0.25	Officer Director	$0	$30,673	$249,307

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	$1,351,041	$1,444,210	No data	$-93,169
2024	$804,250	$1,002,681	No data	$-198,431
2023	$427,671	$591,739	No data	$-164,068
2022	$139,110	$493,217	No data	$-354,107
2021	$136,033	$266,336	$-247,952	$-130,303
2020	$1,209,556	$1,390,603	$-117,649	$-181,047
2019	$173	$94,530	$63,398	$-94,357

HFA COMMUNITY HOUSING DEVELOPMENT INC C/O HOMES FOR AMERICA INC