HOWARD LAKE GOLDENDALE HOUSING (EIN 300210548) - 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

2003

Legal Domicile

Principal Officer

JENNIFER ANDERSON

Phone

6512911750

Tax Period

2024-01-01 to 2024-12-18

HOWARD LAKE GOLDENDALE HOUSING, founded in 2003, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 326% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 71% operating margin.

Mission

TO PROVIDE HOUSING AND SERVICES TO LOW-INCOME INDIVIDUALS AND FAMILIES IN HOWARD LAKE AND ANNANDALE.

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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 $1,194,794

Program Service Revenue $414,209

Investment Income $327,295

Other Revenue $0

TOTAL REVENUE $1,936,298

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $554,832

Other Expenses $554,832

TOTAL EXPENSES $554,832

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,936,298	$454,316	+3.3%
Expenses	$554,832	$596,718	-0.1%
Net Income	$1,381,466	$-142,402	-10.7%

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

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

$496,784

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BAUER	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDSEY ERDMANN	DIRECTOR	1.00	Director	$0	$0	$0
YVONNE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
PRIYANKA KATHANE	DIRECTOR	1.00	Director	$0	$0	$0
ERIC SMITH	DIRECTOR	1.00	Director	$0	$0	$0
PADMASHREE SRINIVAS	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR CHRISTENSEN	DIRECTOR	1.00	Director	$0	$0	$0
BARRY SCHNEIDERMAN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA RILEY	FORMER CFO OF COMMONBOND	1.00	Officer	$0	$15,031	$174,002
THOMAS ADAMS	EXECUTIVE VICE PRESIDENT	1.00	Officer	$0	$23,297	$225,273
JENNIFER ANDERSON	INTERIM CFO OF COMMONBOND	1.00	Officer	$0	$6,194	$97,509

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
2024	$1,936,298	$554,832	No data	$1,381,466
2023	$454,316	$596,718	$1,324,523	$-142,402
2022	$412,456	$590,436	$1,383,821	$-177,980
2021	$372,031	$464,281	$1,193,472	$-92,250
2020	$334,789	$453,556	$1,249,017	$-118,767
2019	$330,433	$481,294	$1,211,250	$-150,861
2018	$333,169	$435,883	$1,233,277	$-102,714

HOWARD LAKE GOLDENDALE HOUSING