ARC 3RD HOUSING CORPORATION (EIN 341432694) - 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

1984

Legal Domicile

Principal Officer

BRAD PERROTT

Phone

4192256285

Tax Period

2024-01-01 to 2024-12-31

ARC 3RD HOUSING CORPORATION, founded in 1984, is a small nonprofit that reported $219K in total revenue in fiscal year 2024. Expenses of $188K left a modest 14% surplus.

Mission

TO PROVIDE SUBSIDIZED HOUSING FOR DEVELOPMENTLY DISABLED INDIVIDUALS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $218,797

Investment Income $411

Other Revenue $0

TOTAL REVENUE $219,208

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,719

Fundraising Expenses $0

Program Expenses $188,372

Other Expenses $163,653

TOTAL EXPENSES $188,372

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,208	$204,565	+0.1%
Expenses	$188,372	$187,275	+0.0%
Net Income	$30,836	$17,290	+0.8%

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
LAURA RING	TRUSTEE	1.00	Director	$0	$0	$0
JOHN KELLER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MEREDITH FOSTER	TREASURER	1.00	Officer Director	$0	$0	$0
LEIGH TAYLOR	SECRETARY	1.00	Director	$0	$0	$0
TOM RING	PRESIDENT	1.00	Officer Director	$0	$0	$0
RASHAWNDA PERRY	TRUSTEE	1.00	Officer Director	$0	$0	$0
BRAD PERROT	EXECUTIVE DIRECTOR	15.00	Director	$0	$0	$0
DENISE VANDYNE	TRUSTEE	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
2024	$219,208	$188,372	$315,285	$30,836
2023	$204,565	$187,275	$306,293	$17,290
2022	$210,527	$189,182	$330,776	$21,345
2021	$207,946	$197,814	$342,055	$10,132

ARC 3RD HOUSING CORPORATION