US MCLEOD HDFC (EIN 472901744) - 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

2015

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

US MCLEOD HDFC, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2023. Expenses of $2.1M exceeded revenue, resulting in a 45% operating deficit.

Mission

The Corporation is a charitable not-for-profit corporation organized exclusively for thepurpose of developing and operating a housing project for Persons Of Low Income.

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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 $0

Program Service Revenue $1,252,217

Investment Income $0

Other Revenue $219,378

TOTAL REVENUE $1,471,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $311,311

Fundraising Expenses $0

Program Expenses $1,940,444

Other Expenses $1,820,594

TOTAL EXPENSES $2,131,905

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,471,595	$1,454,276	+0.0%
Expenses	$2,131,905	$1,989,620	+0.1%
Net Income	$-660,310	$-535,344	+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
Courtney Newell	Treasurer	1.00	Officer Director	$0	$0	$0
Dionne France	Secretary	0.00	Officer Director	$0	$0	$0
Mark Fairclough	Chairperson	1.00	Officer Director	$0	$0	$0
Pelham Bollers	Executive Director	40.00	Officer 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	$1,471,595	$2,131,905	$7,802,187	$-660,310
2022	$1,454,276	$1,989,620	$8,154,687	$-535,344
2021	$1,427,008	$1,965,753	$8,451,048	$-538,745
2020	$1,476,976	$2,051,518	$8,798,137	$-574,542

US MCLEOD HDFC