HHADC Incorporated (EIN 541691191) - 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

1993

Legal Domicile

Principal Officer

Nancy Burleson

Phone

7577276337

Tax Period

2024-01-01 to 2024-12-31

HHADC Incorporated, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $690K in total revenue in fiscal year 2018. Expenses of $779K exceeded revenue, resulting in a 13% operating deficit.

Mission

Provide low/moderate income housing

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $712,280

Investment Income $42,826

Other Revenue $0

TOTAL REVENUE $755,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,232

Fundraising Expenses $0

Program Expenses $952,280

Other Expenses $916,048

TOTAL EXPENSES $952,280

Year-over-Year Comparison

	2024	2023	Change
Revenue	$755,106	$816,258	-0.1%
Expenses	$952,280	$728,375	+0.3%
Net Income	$-197,174	$87,883	-3.2%

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

$575,818

Total Directors

$575,818

Key Employees

$428,294

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Aaru Ma'at	President	1.00	Officer Director Key Emp	$0	$48,671	$217,674
Nancy Burleson	Treasurer	3.00	Officer Director Key Emp	$0	$39,597	$210,620
Yvonne Hodges	Secretary	2.00	Officer Director	$0	$15,021	$147,524

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	$755,106	$952,280	$2,754,484	$-197,174
2023	$816,258	$728,375	$3,182,814	$87,883
2022	$815,408	$773,515	$3,164,487	$41,893
2021	$791,226	$769,154	$3,046,876	$22,072
2020	$736,275	$742,873	$3,159,594	$-6,598
2019	$724,739	$785,277	$3,209,470	$-60,538
2018	$689,965	$778,834	$3,198,163	$-88,869

HHADC Incorporated