MCHENRY COUNTY COMMUNITY HOMES INC (EIN 363239412) - 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

1983

Legal Domicile

Principal Officer

WILLIAM SHOLTEN

Phone

8475642900

Tax Period

2024-01-01 to 2024-12-31

MCHENRY COUNTY COMMUNITY HOMES INC, founded in 1983, is a small nonprofit that reported $405K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $351K left a modest 13% surplus.

Mission

TO OPERATE AN APARTMENT COMPLEX FOR LOW TO VERY LOW INCOME TENANTS AND PERSONS WITH DISABILITIES

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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 $0

Program Service Revenue $397,582

Investment Income $7,316

Other Revenue $0

TOTAL REVENUE $404,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,849

Fundraising Expenses $0

Program Expenses $294,277

Other Expenses $277,202

TOTAL EXPENSES $351,051

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,898	$360,404	+0.1%
Expenses	$351,051	$383,752	-0.1%
Net Income	$53,847	$-23,348	-3.3%

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

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
WILLIAM SHOLTEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD KOENIG	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT RODRIGUEZ	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$404,898	$351,051	$1,716,947	$53,847
2023	$360,404	$383,752	$1,740,334	$-23,348
2022	$371,322	$387,524	$1,826,927	$-16,202
2021	$358,401	$378,159	$1,885,945	$-19,758
2020	$370,249	$360,002	$2,013,304	$10,247
2019	$381,279	$376,073	$2,133,054	$5,206

MCHENRY COUNTY COMMUNITY HOMES INC