FAMILY HOMES ASSOCIATION INC (EIN 481006362) - 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

1961

Legal Domicile

Principal Officer

Lawrence Damm

Phone

3167221837

Tax Period

2020-01-01 to 2020-12-31

FAMILY HOMES ASSOCIATION INC, founded in 1961, is a small nonprofit that reported $227K in total revenue in fiscal year 2020. Revenue surged 435% from the prior year, signaling strong growth momentum.

Mission

Provide facilities for K of C Council 4118

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $216,283

Other Revenue $10,872

TOTAL REVENUE $227,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $228,004

TOTAL EXPENSES $228,004

Year-over-Year Comparison

	2020	2019	Change
Revenue	$227,155	$42,488	+4.3%
Expenses	$228,004	$44,529	+4.1%
Net Income	$-849	$-2,041	-0.6%

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
Leon Schmidt	President	1	Officer Director	$0	$0	$0
Lawrence Damm	Treasurer	2	Officer Director	$0	$0	$0
Rick Riggs	Vice President	0	Officer Director	$0	$0	$0
Tim Schweitzer	Secretary	0	Officer Director	$0	$0	$0
Mark Bell	Director	0	Director	$0	$0	$0
Thomas Mayhill	Director	0	Director	$0	$0	$0
Travis Kelly	Director	0	Director	$0	$0	$0
Larry Dostert	Director	0	Director	$0	$0	$0
Long Pham	Director	0	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
2020	$227,155	$228,004	No data	$-849

FAMILY HOMES ASSOCIATION INC