FRANKFORD ELDERLY HOUSING CORPORATION (EIN 431129724) - 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

1976

Legal Domicile

Principal Officer

LINDI HADEN

Phone

5737842376

Tax Period

2024-01-01 to 2024-12-31

FRANKFORD ELDERLY HOUSING CORPORATION, founded in 1976, is a micro nonprofit in the Housing & Shelter sector that reported $74K in total revenue in fiscal year 2024.

Mission

TO PROVIDE AFFORDABLE HOUSING TO ELIGIBLE LOW INCOME RESIDENTS OF FRANKFORD, MISSOURI

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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 $68,493

Investment Income $201

Other Revenue $5,333

TOTAL REVENUE $74,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,255

Fundraising Expenses $0

Program Expenses $68,897

Other Expenses $66,336

TOTAL EXPENSES $78,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,027	$69,511	+0.1%
Expenses	$78,591	$76,150	+0.0%
Net Income	$-4,564	$-6,639	-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

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

$2,208

Total Directors

$2,208

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE WELDY	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM LEOPOLD	VICE PRESIDENT	1.00	Officer Director	$2,208	$0	$2,208
PATTI MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA FINLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIDGET WEBER	SECRETARY/TREASURER	10.00	Officer Director	$0	$0	$0
LAURA INCE	BOARD MEMBER	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	$74,027	$78,591	$172,325	$-4,564
2023	$69,511	$76,150	$179,375	$-6,639
2022	$67,710	$76,273	$189,670	$-8,563
2021	$71,157	$68,954	$200,452	$2,203
2020	$68,952	$73,634	$201,727	$-4,682
2019	$69,719	$67,373	$209,519	$2,346
2018	$68,676	$68,787	$210,228	$-111

FRANKFORD ELDERLY HOUSING CORPORATION