FRANKLIN HOUSING & REDEVELOPMENT (EIN 582649691) - 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

2001

Legal Domicile

Principal Officer

BETH BURGOON

Phone

7066756060

Tax Period

2021-10-01 to 2022-09-30

FRANKLIN HOUSING & REDEVELOPMENT, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $219K in total revenue in fiscal year 2021. Revenue surged 265% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 85% operating margin.

Mission

TO PROVID SAFE, DECENT, AND SANITARY HOUSING FOR LOW AND VERY LOW INCOME PERSONS.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $127,611

Program Service Revenue $31,177

Investment Income $60,168

Other Revenue $0

TOTAL REVENUE $218,956

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,711

Other Expenses $31,762

TOTAL EXPENSES $31,762

Year-over-Year Comparison

	2021	2020	Change
Revenue	$218,956	$59,993	+2.6%
Expenses	$31,762	$52,509	-0.4%
Net Income	$187,194	$7,484	+24.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY LIPFORD	MEMBER	1.00	Director	$0	$0	$0
MAXINE OGLETREEE	BOARD CHAIR	1.00	Director	$0	$0	$0
JOEL PHILLIPS	MEMBER	1.00	Director	$0	$0	$0
DONALD ROGERS	VICE CHAIR	1.00	Director	$0	$0	$0
BETH BURGOON	EXECUTIVE DI	5.00	Officer	$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
2022	$218,956	$31,762	$135,396	$187,194
2021	$59,993	$52,509	$277,962	$7,484
2020	$48,757	$48,281	$278,232	$476
2019	$54,001	$41,449	$290,265	$12,552
2018	$51,268	$47,874	$293,741	$3,394

FRANKLIN HOUSING & REDEVELOPMENT