MHP LANDING'S EDGE INC (EIN 522063810) - 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

1997

Legal Domicile

Principal Officer

ROBERT GOLDMAN

Phone

3016222400

Tax Period

2024-01-01 to 2024-12-31

MHP LANDING'S EDGE INC, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024. The organization ran a surplus of $443K, a strong 19% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES LOCATED IN MONTGOMERY COUNTY, MARYLAND.

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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 $2,346,789

Investment Income $32,514

Other Revenue $147

TOTAL REVENUE $2,379,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,658,963

Other Expenses $1,936,755

TOTAL EXPENSES $1,936,755

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,379,450	$2,280,248	+0.0%
Expenses	$1,936,755	$1,804,953	+0.1%
Net Income	$442,695	$475,295	-0.1%

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

$793,007

Total Directors

$574,199

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS RHULEN	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTINE KAUFMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
EUGENE COSTA	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT GOLDMAN	VICE PRESIDENT	1.00	Officer Director	$0	$52,191	$380,958
WILLIAM HIGHSMITH JR	ASSISTANT SECRETARY	1.00	Officer Director	$0	$16,236	$193,241
JENNIFER RUDOLPH	CFO	1.00	Officer	$0	$14,867	$218,808

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	$2,379,450	$1,936,755	$9,765,787	$442,695
2023	$2,280,248	$1,804,953	$6,923,200	$475,295
2022	$2,286,807	$1,820,894	$6,820,364	$465,913
2021	$2,134,079	$1,703,156	$6,855,450	$430,923
2020	$2,032,900	$1,793,666	$6,875,985	$239,234
2019	$1,984,728	$2,126,777	$7,131,463	$-142,049
2018	$2,001,730	$1,617,068	$7,491,544	$384,662

MHP LANDING'S EDGE INC