BETTER HOMES OF LAUREL II INC (EIN 510264515) - 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

1982

Legal Domicile

Principal Officer

ANDREW HARTSTEIN

Phone

3028754281

Tax Period

2024-07-01 to 2025-06-30

BETTER HOMES OF LAUREL II INC, founded in 1982, is a small nonprofit that reported $397K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $62K, a strong 16% operating margin.

Mission

LOW INCOME HOUSING

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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 $386,909

Investment Income $9,545

Other Revenue $917

TOTAL REVENUE $397,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,101

Fundraising Expenses $0

Program Expenses $335,205

Other Expenses $259,104

TOTAL EXPENSES $335,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$397,371	$360,661	+0.1%
Expenses	$335,205	$321,952	+0.0%
Net Income	$62,166	$38,709	+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

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
DAVID BOYCE	DIRECTOR	2.00	Director	$0	$0	$0
BRANDY MATTHEWS	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW PARKER	DIRECTOR	2.00	Director	$0	$0	$0
DONALD DYKES	SECRETARY	2.00	Officer	$0	$0	$0
ANDREW HARTSTEIN	PRESIDENT	2.00	Officer	$0	$0	$0
BRIAN SHANNON	VICE PRESIDE	2.00	Officer	$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
2025	$397,371	$335,205	$1,033,881	$62,166
2024	$360,661	$321,952	$986,240	$38,709
2023	$339,665	$296,577	$971,346	$43,088
2022	$309,260	$283,340	$937,331	$25,920
2021	$307,522	$266,787	$934,268	$40,735
2020	$293,539	$266,028	$898,498	$27,511
2019	$290,020	$277,650	$892,474	$12,370

BETTER HOMES OF LAUREL II INC