NORTHLAND HOMES AND PROPERTIES INC (EIN 341711696) - 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

1992

Legal Domicile

Principal Officer

NANCY RICHARDS

Phone

7403829411

Tax Period

2025-01-01 to 2025-07-31

NORTHLAND HOMES AND PROPERTIES INC, founded in 1992, is a small nonprofit that reported $568K in total revenue in fiscal year 2025. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 348% operating deficit.

Mission

THE ORGANIZATIONS PURPOSE IS TO PROVIDE AND MANAGE AFFORDABLE HOUSING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILTIES IN MARION, SENECA AND CRAWFORD COUNTIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $249,752

Program Service Revenue $316,593

Investment Income $2,035

Other Revenue $100

TOTAL REVENUE $568,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,632

Fundraising Expenses $0

Program Expenses $2,497,869

Other Expenses $2,523,411

TOTAL EXPENSES $2,548,043

Year-over-Year Comparison

	2025	2024	Change
Revenue	$568,480	$877,048	-0.4%
Expenses	$2,548,043	$915,948	+1.8%
Net Income	$-1,979,563	$-38,900	+49.9%

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

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
MARK BRICKNER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
PAUL DECKER	BOARD MEMBER	1.00	Director	$0	$0	$0
SHERRY FISHER	SECY/TREASUR	1.00	Officer Director	$0	$0	$0
JOHN MCNAMARA	VICE CHAIRMA	1.00	Director	$0	$0	$0
RONDA SCOTT	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY RICHARDS	EXECUTIVE DI	5.50	Officer	$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	$568,480	$2,548,043	No data	$-1,979,563
2024	$877,048	$915,948	$3,105,433	$-38,900
2023	$785,637	$718,121	$3,313,310	$67,516
2022	$650,057	$585,323	$2,897,713	$64,734
2021	$556,881	$507,870	$2,724,722	$49,011
2020	$435,197	$472,256	$2,496,562	$-37,059
2019	$434,790	$423,427	$2,601,692	$11,363
2018	$488,858	$436,167	$2,641,287	$52,691

NORTHLAND HOMES AND PROPERTIES INC