HANNA CITY HOME ASSOCIATION HERITAGE SENIOR HOMES (EIN 364529714) - 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

2003

Legal Domicile

Phone

3096732252

Tax Period

2024-01-01 to 2024-12-31

HANNA CITY HOME ASSOCIATION HERITAGE SENIOR HOMES, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $389K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $431K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING TO THE ELDERLY

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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 $242,345

Program Service Revenue $142,111

Investment Income $1,559

Other Revenue $3,105

TOTAL REVENUE $389,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $327,228

Other Expenses $430,635

TOTAL EXPENSES $430,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$389,120	$349,769	+0.1%
Expenses	$430,635	$403,509	+0.1%
Net Income	$-41,515	$-53,740	-0.2%

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
Jill Casper	Treasurer	2.00	Officer Director	$0	$0	$0
Jeana Johnson	Vice President	2.00	Officer Director	$0	$0	$0
Sharon Brown	Director	1.00	Director	$0	$0	$0
Bill Libolt	Director	1.00	Director	$0	$0	$0
Phil McAlearney	Director	1.00	Director	$0	$0	$0
Fred Winterroth	Director	1.00	Director	$0	$0	$0
Janice Baumgardner	Secretary	2.00	Officer Director	$0	$0	$0
Wes Clanton	President	2.00	Officer Director	$0	$0	$0
Debra Hess	Director	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	$389,120	$430,635	$2,364,509	$-41,515
2023	$349,769	$403,509	$2,413,748	$-53,740
2022	$337,309	$441,326	$2,458,131	$-104,017
2021	$363,460	$434,289	$2,569,325	$-70,829
2020	$324,119	$353,002	$2,638,784	$-28,883
2019	$301,461	$337,631	$2,668,995	$-36,170
2018	$213,021	$295,427	$2,724,056	$-82,406

HANNA CITY HOME ASSOCIATION HERITAGE SENIOR HOMES