EASTERN AHEC PROPERTY CORPORATION INC (EIN 264273657) - 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

MATTHEW MEYERS

Phone

2527445221

Tax Period

2023-07-01 to 2024-06-30

EASTERN AHEC PROPERTY CORPORATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $332K in total revenue in fiscal year 2023.

Mission

MAINTAINS A VEHICLE FLEET AND PROVIDES APARTMENT RENTALS FOR STUDENTS OF SUPPORTED ORGANIZATION.

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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 $183,063

Program Service Revenue $139,822

Investment Income $0

Other Revenue $8,995

TOTAL REVENUE $331,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,753

Other Expenses $351,545

TOTAL EXPENSES $351,545

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,880	$314,342	+0.1%
Expenses	$351,545	$304,902	+0.2%
Net Income	$-19,665	$9,440	-3.1%

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

$448,533

Total Directors

$334,632

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAYLOR FLOWERS	CHAIR	1.00	Officer Director	$0	$0	$0
HERB GARRISON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRIAN HARVILL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MARCIA BRYANT	DIRECTOR-AT-LARGE	1.00	Director	$0	$0	$0
BIMBOLA AKINTADE	DIRECTOR-AT-LARGE	1.00	Director	$0	$39,165	$334,632
L LORRAINE BASNIGHT	EXECUTIVE DIRECTOR	4.00	Officer	$0	$38,243	$256,668
MATTHEW MEYERS	CHIEF ADMINISTRATIVE OFFIC	1.00	Officer	$0	$39,054	$191,865

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	$331,880	$351,545	$199,465	$-19,665
2023	$314,342	$304,902	$218,747	$9,440
2022	$336,490	$320,463	$215,421	$16,027
2021	$366,821	$307,558	$193,093	$59,263
2020	$287,846	$285,371	$144,118	$2,475
2019	$254,836	$254,577	$131,308	$259

EASTERN AHEC PROPERTY CORPORATION INC