MOUNTAINEER DEVELOPMENT CORPORATION (EIN 550748282) - 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

1996

Legal Domicile

Principal Officer

R F CRUM

Phone

3044753807

Tax Period

2024-04-01 to 2025-03-31

MOUNTAINEER DEVELOPMENT CORPORATION, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $154K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 14% operating deficit.

Mission

MANAGEMENT AND DEVELOPMENT OF SINGLE & MULTIFAMILY HOUSING TO LOW/MODERATE INCOME FAMILIES

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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 $38,000

Program Service Revenue $114,230

Investment Income $0

Other Revenue $2,144

TOTAL REVENUE $154,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $175,558

Other Expenses $175,558

TOTAL EXPENSES $175,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,374	$371,312	-0.6%
Expenses	$175,558	$177,589	0.0%
Net Income	$-21,184	$193,723	-1.1%

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

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
R F CRUM	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE COOK	SECRETARY	1.00	Officer Director	$0	$0	$0
ANGELA HAMILTON	COMMISSIONER	1.00	Director	$0	$0	$0
ROGER OOTEN	COMMISSIONER	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
2025	$154,374	$175,558	$1,704,696	$-21,184
2024	$371,312	$177,589	$1,781,284	$193,723
2023	$111,398	$169,551	$1,858,221	$-58,153
2022	$291,383	$186,939	$1,935,812	$104,444
2021	$84,833	$153,637	$2,078,392	$-68,804
2020	$84,279	$159,280	$2,142,424	$-75,001
2019	$83,985	$79,054	$2,311,284	$4,931
2018	$83,087	$74,510	$2,413,474	$8,577

MOUNTAINEER DEVELOPMENT CORPORATION