FAIRVIEW HOUSING MANAGEMENT CORP (EIN 541028264) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

ROBERT J GARRETT

Phone

4236122995

Tax Period

2023-07-01 to 2024-06-30

FAIRVIEW HOUSING MANAGEMENT CORP, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $9.4M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 16% operating margin.

Mission

THE ORGANIZTION PROVIDES EMERGENCY HOUSING SUPPORTIVE SERVICES, RECOVERY HOUSING, TRANSITIONAL HOUSING, SUPPORTIVE HOUSING AND SUBSTANCE ABUSE TREATEMENT SERVICES IN NORTHEAST TENNESSE AND SOUTHWEST VIRGINIA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,380,518

Program Service Revenue $6,976,243

Investment Income $2

Other Revenue $14,976

TOTAL REVENUE $9,371,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,008,635

Fundraising Expenses $110,900

Program Expenses $7,610,253

Other Expenses $3,820,501

TOTAL EXPENSES $7,829,136

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,371,739	$6,062,934	+0.5%
Expenses	$7,829,136	$5,097,140	+0.5%
Net Income	$1,542,603	$965,794	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

148

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

$72,000

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J GARRETT	PRESIDENT	40.00	Officer Director	$72,000	$0	$72,000
RICK BEESON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JOHNNY HUMPREYS	SECRETARY-TR	2.00	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
2024	$9,371,739	$7,829,136	$10,693,171	$1,542,603
2023	$6,062,934	$5,097,140	$6,448,076	$965,794
2022	$3,674,479	$3,485,139	$5,768,830	$189,340
2021	$2,090,712	$2,096,483	$5,280,773	$-5,771
2020	$466,640	$1,268,117	$4,918,526	$-801,477
2019	$1,042,479	$884,308	$5,083,733	$158,171

FAIRVIEW HOUSING MANAGEMENT CORP