MILO HOUSING CORPORATION (EIN 510136173) - 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

1974

Legal Domicile

Principal Officer

JANICE LAVIGNE

Phone

2076953733

Tax Period

2024-01-01 to 2024-12-31

MILO HOUSING CORPORATION, founded in 1974, is a small nonprofit in the Housing & Shelter sector that reported $384K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $61K, a strong 16% operating margin.

Mission

TO PROVIDE HOUSING AND RELATED FACILITIES FOR SENIOR CITIZENS AND/OR FAMILIES OF LOW OR MODERATE 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $383,672

Investment Income $815

Other Revenue $0

TOTAL REVENUE $384,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $323,228

Other Expenses $323,228

TOTAL EXPENSES $323,228

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,487	$353,180	+0.1%
Expenses	$323,228	$338,960	0.0%
Net Income	$61,259	$14,220	+3.3%

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

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
AUDREY CHADWICK	DIRECTOR	1.00	Director	$0	$0	$0
EDWIN DEWITT	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD MULLINS	DIRECTOR	1.00	Director	$0	$0	$0
GLEN MCMANUS	DIRECTOR	1.00	Director	$0	$0	$0
LARRY FOSS	DIRECTOR	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	$384,487	$323,228	$474,932	$61,259
2023	$353,180	$338,960	$447,291	$14,220
2022	$321,630	$337,166	$470,984	$-15,536
2021	$317,427	$296,315	$512,007	$21,112
2020	$307,382	$277,207	$532,104	$30,175
2019	$324,369	$293,148	$524,592	$31,221
2018	$325,513	$292,156	$517,261	$33,357

MILO HOUSING CORPORATION