EAST EDINA HOUSING FOUNDATION (EIN 363354189) - 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

1982

Legal Domicile

Principal Officer

ANN SWENSON

Phone

9528260462

Tax Period

2023-01-01 to 2023-12-31

EAST EDINA HOUSING FOUNDATION, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $289K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $195K, a strong 67% operating margin.

Mission

TO PROVIDE LOW AND MODERATE INCOME HOUSEHOLDS WITH A FINANCING TOOL SO THEY CAN ACQUIRE HOUSING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $108,855

Investment Income $100,442

Other Revenue $79,815

TOTAL REVENUE $289,112

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,590

Other Expenses $64,546

TOTAL EXPENSES $94,546

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,112	$3,931,596	-0.9%
Expenses	$94,546	$212,899	-0.6%
Net Income	$194,566	$3,718,697	-0.9%

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

N/A

Volunteers

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
JEFF HUGGETT	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
ANN SWENSON	PRESIDENT	4.00	Officer Director	$0	$0	$0
BERNADETTE HORNIG	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
MARY KAY MCNEE	SECRETARY/TREASURER	4.00	Officer Director	$0	$0	$0
JERRY GILLIGAN	VICE PRESIDENT	4.00	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	No data	No data	No data	No data
2023	$289,112	$94,546	$12,140,883	$194,566
2022	$3,931,596	$212,899	$11,960,279	$3,718,697
2021	$223,517	$252,931	$11,914,819	$-29,414
2020	$349,621	$189,218	$11,943,409	$160,403
2019	$208,837	$237,821	$8,168,960	$-28,984
2018	$194,056	$154,188	$8,177,309	$39,868

EAST EDINA HOUSING FOUNDATION