Akron Fraternal Home Holding Co (EIN 340930220) - 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

1924

Legal Domicile

Principal Officer

Salvatore Anzalone

Tax Period

2024-01-01 to 2024-12-31

Akron Fraternal Home Holding Co, founded in 1924, is a micro nonprofit that reported $40K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $36K left a modest 10% surplus.

Mission

Provide affordable housing to Fraternity members and provide a physical presence on the college campus

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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 $1,020

Program Service Revenue $38,937

Investment Income $0

Other Revenue $0

TOTAL REVENUE $39,957

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $36,031

TOTAL EXPENSES $36,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,957	$32,475	+0.2%
Expenses	$36,031	$33,968	+0.1%
Net Income	$3,926	$-1,493	-3.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Salvadore Anzalone	Treasurer	010.00	Officer Director	$0	$0	$0
William Allen	President	010.00	Officer 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
2024	$39,957	$36,031	$44,411	$3,926
2023	$32,475	$33,968	$43,412	$-1,493
2022	$22,630	$24,739	$38,599	$-2,109
2021	$18,203	$24,133	$41,306	$-5,930
2020	$25,126	$18,060	$36,037	$7,066
2019	$30,189	$27,856	$32,566	$2,333
2018	$13,275	$17,415	$32,008	$-4,140

Akron Fraternal Home Holding Co