THREE RIVERS HOUSING & DEVELOPMENT CORPORATION (EIN 582346046) - 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

2004

Legal Domicile

Principal Officer

JUSTIN JONES

Phone

7062910780

Tax Period

2024-01-01 to 2024-12-31

THREE RIVERS HOUSING & DEVELOPMENT CORPORATION, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $373K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $965K exceeded revenue, resulting in a 159% operating deficit.

Mission

THE ENTITY PROVIDES DAYCARE SERVICES AND ADULT LITERACY PROGRAMS TO VERY LOW-, LOW-, AND MODERATE-INCOME RESIDENTS OF POLK & FLOYD COUNTIES GEORGIA.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $208,061

Program Service Revenue $164,562

Investment Income $0

Other Revenue $0

TOTAL REVENUE $372,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $610,411

Fundraising Expenses $0

Program Expenses $679,790

Other Expenses $354,148

TOTAL EXPENSES $964,559

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,623	$791,384	-0.5%
Expenses	$964,559	$678,983	+0.4%
Net Income	$-591,936	$112,401	-6.3%

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

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

$79,717

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALYCE BRADLEY	DIRECTOR/VICE PRESIDENT	0.20	Director	$0	$0	$0
HILDA CURTIS	DIRECTOR	0.20	Director	$0	$0	$0
LILLIE DRIVER	DIRECTOR	0.20	Director	$0	$0	$0
LEE HIGHT	DIRECTOR	0.20	Director	$0	$0	$0
JIM KEATON	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL TAYLOR	DIRECTOR	0.20	Director	$0	$0	$0
MARY HELEN HEANER	DIRECTOR/PRESIDENT	0.20	Director	$0	$0	$0
BETH PAULSEN	DIRECTOR	0.20	Director	$0	$0	$0
JANE TATE	DIRECTOR	0.20	Director	$0	$0	$0
LOUIS BARTON	DIRECTOR	0.20	Director	$0	$0	$0
ELAINA BEEMAN	DIRECTOR	0.20	Director	$0	$0	$0
EMMA JOHNSON	DIRECTOR	0.20	Director	$0	$0	$0
BETTY SUE HICKMAN	DIRECTOR	0.20	Director	$0	$0	$0
JUSTIN JONES	SECRETARY	2.00	Officer	$0	$0	$79,717

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	$372,623	$964,559	$45,719	$-591,936
2023	$791,384	$678,983	$545,741	$112,401
2022	$569,575	$258,022	$408,605	$311,553
2021	$187,057	$241,972	$55,573	$-54,915
2020	$279,355	$115,325	$67,006	$164,030

THREE RIVERS HOUSING & DEVELOPMENT CORPORATION