MARYGROVE NON-PROFIT HOUSING CORP II (EIN 383085032) - 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

ANNIE MITCHELL

Phone

7343436600

Tax Period

2023-01-01 to 2023-12-31

MARYGROVE NON-PROFIT HOUSING CORP II, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $668K in total revenue in fiscal year 2023. Expenses of $760K exceeded revenue, resulting in a 14% operating deficit.

Mission

LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $639,164

Investment Income $0

Other Revenue $19,110

TOTAL REVENUE $668,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $590,126

Other Expenses $759,717

TOTAL EXPENSES $759,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$668,274	$633,479	+0.1%
Expenses	$759,717	$768,431	0.0%
Net Income	$-91,443	$-134,952	-0.3%

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

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
MARY DOWNEY IHM	DIRECTOR; PRESIDENT	0.50	Officer Director	$0	$0	$0
DENISE NICOLE POWELL	DIRECTOR; VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
ELIZABETH BURNS	DIRECTOR; SECRETARY & TREASURER	0.50	Officer Director	$0	$0	$0
JOAN BLOUNT	DIRECTOR	0.50	Director	$0	$0	$0
PAMELA HALLADAY	DIRECTOR	0.50	Director	$0	$0	$0
GLORIA ARMSTEAD	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA STANBRIDGE IHM	DIRECTOR	0.50	Director	$0	$0	$0
VALERIE WATKINS	DIRECTOR	0.50	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	$668,274	$759,717	$2,147,344	$-91,443
2022	$633,479	$768,431	$2,246,406	$-134,952
2021	$585,799	$791,094	$2,344,995	$-205,295
2020	$566,376	$817,852	$2,423,009	$-251,476
2019	$570,674	$789,465	$2,531,614	$-218,791
2018	$563,761	$709,339	$2,504,786	$-145,578

MARYGROVE NON-PROFIT HOUSING CORP II