PERPETUAL REVOLVING FUND INC C/O HERITAGE HOUSING PARTNERS CORP (EIN 521106881) - 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

1981

Legal Domicile

Principal Officer

GRACE MORRIS

Phone

4435187685

Tax Period

2019-01-01 to 2019-12-23

PERPETUAL REVOLVING FUND INC C/O HERITAGE HOUSING PARTNERS CORP, founded in 1981, is a small nonprofit that reported $102K in total revenue in fiscal year 2019. The organization ran a surplus of $17K, a strong 17% operating margin.

Mission

THE PERPETUAL REVOLVING FUND IS THE ENTITY THAT PROVIDES THE CAPITAL AND RESOURCES TO DEVELOP, CONSTRUCT, OR PURCHASE HOUSING IN PARTNERSHIP WITH THE PRIVATE SECTOR, FEDERAL, STATE AND COUNTY HOUSING AGENCIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $54,148

Investment Income $2,272

Other Revenue $45,882

TOTAL REVENUE $102,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,804

Fundraising Expenses $0

Program Expenses $70,875

Other Expenses $81,220

TOTAL EXPENSES $85,024

Year-over-Year Comparison

	2019	2018	Change
Revenue	$102,302	$95,053	+0.1%
Expenses	$85,024	$97,013	-0.1%
Net Income	$17,278	$-1,960	-9.8%

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
EDWARD PLITT III	CHAIR	1.00	Director	$0	$0	$0
KEVIN J KELEHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LORETTA THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY CALDER	BOARD MEMBER	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
2019	$102,302	$85,024	No data	$17,278
2018	$95,053	$97,013	$1,525,257	$-1,960

PERPETUAL REVOLVING FUND INC C/O HERITAGE HOUSING PARTNERS CORP