Eastern Dakota Housing Alliance Inc

EIN: 450451050 501(c)(3)

Fargo, ND

Total Revenue
$92
Total Expenses
$20,198
Total Assets
N/A
Net Assets
N/A
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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
1998
Legal Domicile
ND
Principal Officer
Cheryl Carey
Phone
7013642833
Tax Period
2021-01-01 to 2021-07-12

Eastern Dakota Housing Alliance Inc, founded in 1998, is a micro nonprofit that reported $92 in total revenue in fiscal year 2020. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $20K exceeded revenue, resulting in a 21854% operating deficit.

Mission

To foster the development and preservation of affordable housing in eastern North Dakota.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $50
Investment Income $42
Other Revenue $0
TOTAL REVENUE $92

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,685
Other Expenses $20,198
TOTAL EXPENSES $20,198

Year-over-Year Comparison

2020 2019 Change
Revenue $92 $11,407 -1.0%
Expenses $20,198 $4,355 +3.6%
Net Income $-20,106 $7,052 -3.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cheryl Carey President 0.25
Officer Director
$0 $0 $0
Shelley Popiel Vice President 0.25
Officer Director
$0 $0 $0
Valerie Benson Secretary 0.25
Officer Director
$0 $0 $0
Paula Schuh Director 0.25
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
2021 $92 $20,198 No data $-20,106
2020 $11,407 $4,355 $999,429 $7,052
2019 $19,386 $37,132 $1,486,439 $-17,746
2018 $41,355 $235,031 $4,107,463 $-193,676
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