CALVARY HOUSING DEVELOPMENT LTD (EIN 391240728) - 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

1986

Legal Domicile

Principal Officer

LAFAYETTE MCKINNEY

Phone

4143721473

Tax Period

2023-01-01 to 2023-12-31

CALVARY HOUSING DEVELOPMENT LTD, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $607K in total revenue in fiscal year 2023. Expenses of $559K left a modest 8% surplus.

Mission

LOW COST HOUSING TO THE ELDERLY AND HANDICAPPED

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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 $394,010

Program Service Revenue $212,311

Investment Income $646

Other Revenue $0

TOTAL REVENUE $606,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $513,247

Other Expenses $559,167

TOTAL EXPENSES $559,167

Year-over-Year Comparison

	2023	2022	Change
Revenue	$606,967	$600,104	+0.0%
Expenses	$559,167	$589,955	-0.1%
Net Income	$47,800	$10,149	+3.7%

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	Role	Reportable Comp	Other Comp	Total
LAFAYETTE MC KINNEY	PRESIDENT	Officer Director	$0	$0	$0
GEORGE GARY	DIRECTOR	Director	$0	$0	$0
RITA L JOHNSON	DIRECTOR	Director	$0	$0	$0
CAROLE CULBREATH	ASSISTANT SECRETARY	Officer Director	$0	$0	$0
HENRY L ROBINSON	DIRECTOR	Director	$0	$0	$0
CALVIN ALLEN	DIRECTOR	Director	$0	$0	$0
KENNETH BYNUM	SECRETARY	Officer Director	$0	$0	$0
CURTIS L CRAIG	VP & TREASURER	Officer Director	$0	$0	$0
VANESSA BROWN	DIRECTOR	Director	$0	$0	$0
WALTER J BURKS	DIRECTOR	Director	$0	$0	$0
RONALD STINSON	DIRECTOR	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	$606,967	$559,167	$1,577,139	$47,800
2022	$600,104	$589,955	$1,568,868	$10,149
2021	$611,293	$533,416	$1,580,060	$77,877
2020	$577,047	$536,817	$1,529,783	$40,230
2019	$524,025	$529,764	$1,517,500	$-5,739
2018	$569,375	$556,408	$1,569,370	$12,967

CALVARY HOUSING DEVELOPMENT LTD