FHM ASSOCIATES INC (EIN 264658186) - 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

2010

Legal Domicile

Principal Officer

DAVID S NICKEL

Phone

9183332244

Tax Period

2025-01-01 to 2025-12-31

FHM ASSOCIATES INC, founded in 2010, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2025. Expenses of $1.8M left a modest 15% surplus.

Mission

THE 191-UNIT RESIDENTIAL COMPLEX PROVIDES AFFORDABLE HOUSING FOR ELDERLY AND HANDICAPPED RESIDENTS RESIDING IN MUSKOGEE, OKLAHOMA.

🔒

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 $2,120,303

Investment Income $1,309

Other Revenue $3,718

TOTAL REVENUE $2,125,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,635,358

Other Expenses $1,809,593

TOTAL EXPENSES $1,809,593

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,125,330	$2,000,214	+0.1%
Expenses	$1,809,593	$1,749,492	+0.0%
Net Income	$315,737	$250,722	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID S NICKEL	PRESIDENT	1.00	Officer	$0	$0	$0
JAMES E WEBB	VICE PRESIDE	1.00	Officer	$0	$0	$0
THOMAS A GORMAN	SECRETARY/TR	1.00	Officer	$0	$0	$0
SAM HILL	MEMBER	1.00	Director	$0	$0	$0
THAD KENT	MEMBER	1.00	Director	$0	$0	$0
GARY LORENZ	MEMBER	1.00	Director	$0	$0	$0
JOHN GORMAN	MEMBER	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
2025	$2,125,330	$1,809,593	$3,327,778	$315,737
2024	$2,000,214	$1,749,492	$3,312,373	$250,722
2023	$1,902,819	$1,745,508	$3,760,318	$157,311
2022	$1,747,811	$1,771,586	$3,948,273	$-23,775
2021	$1,535,736	$1,562,025	$3,951,634	$-26,289
2020	$1,475,367	$1,539,270	$3,993,768	$-63,903
2019	$1,596,146	$1,642,884	$4,115,696	$-46,738
2018	$1,542,896	$1,624,825	$4,369,701	$-81,929

FHM ASSOCIATES INC