Mt Olive Metropolitan Housing Inc

EIN: 341432769 501(c)(3)

Akron, OH

Total Revenue
$76,313
Total Expenses
$52,178
Total Assets
$6,136
Net Assets
$-70,948
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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
1984
Legal Domicile
OH
Principal Officer
THOMAS FULLER
Phone
3303768787
Tax Period
2017-04-01 to 2018-03-31

Mt Olive Metropolitan Housing Inc, founded in 1984, is a micro nonprofit that reported $76K in total revenue in fiscal year 2017. Revenue fell 76% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 32% operating margin.

Mission

TO PROVIDE HUD SUBSIDIZED HOUSING FOR LOW INCOME INDIVIDUALS.

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $76,220
Program Service Revenue $0
Investment Income $58
Other Revenue $35
TOTAL REVENUE $76,313

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,795
Fundraising Expenses $0
Program Expenses $51,538
Other Expenses $49,383
TOTAL EXPENSES $52,178

Year-over-Year Comparison

2017 2016 Change
Revenue $76,313 $319,655 -0.8%
Expenses $52,178 $389,357 -0.9%
Net Income $24,135 $-69,702 -1.3%
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

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
4

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BURTON 662 Wolf Ledges Parkway, Akron Ohio 44311 1.00
Director
$0 $0 $0
RICK OWENS 662 Wolf Ledges Parkway, Akron Ohio 44311 1.00
Director
$0 $0 $0
ALLAN T JONES 662 Wolf Ledges Parkway, Akron Ohio 44311 1.00
Director
$0 $0 $0
JC ELLIS 662 Wolf Ledges Parkway, Akron Ohio 44311 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
2018 $76,313 $52,178 $6,136 $24,135
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