MT Hermon Community Improvement Foundation (EIN 521224674) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

James P Ely Sr

Phone

7573994406

Tax Period

2018-01-01 to 2018-12-31

MT Hermon Community Improvement Foundation, founded in 1981, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2018. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $219K, a strong 20% operating margin.

Mission

To provide low and affordable housing for the elderly in the Portsmouth, Virginia community.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $908,774

Program Service Revenue $2,475

Investment Income $29

Other Revenue $210,456

TOTAL REVENUE $1,121,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,795

Fundraising Expenses $0

Program Expenses $667,827

Other Expenses $710,474

TOTAL EXPENSES $902,269

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,121,734	$959,893	+0.2%
Expenses	$902,269	$872,444	+0.0%
Net Income	$219,465	$87,449	+1.5%

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

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
Alvin Ely Sr	Chairman	025.00	Officer Director	$0	$0	$0
Mildred B Ely	Secretary/TREASURER	010.00	Officer Director	$0	$0	$0
Karen Ely	Vice Chairman	010.00	Officer Director	$0	$0	$0
Charlotte Bowman	Asst. Secretary	001.00	Officer Director	$0	$0	$0
Novella Mingo	Bd Member	001.00	Officer Director	$0	$0	$0
Paulette Newsom	Bd Member	001.00	Officer Director	$0	$0	$0
Olivia Jennings	Bd Member	001.00	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
2018	$1,121,734	$902,269	$912,054	$219,465

MT Hermon Community Improvement Foundation