THE HOME ASSOCIATION INC (EIN 590624427) - 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

1901

Legal Domicile

Phone

8133742255

Tax Period

2022-01-01 to 2022-12-31

THE HOME ASSOCIATION INC, founded in 1901, is a small nonprofit in the Housing & Shelter sector that reported $204K in total revenue in fiscal year 2022. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $73K, a strong 36% operating margin.

Mission

OWN, SUPPORT AND MAINTAIN A FACILITY USED TO PROVIDE RESIDENTIAL CARE FOR ELDERLY; MAINTAIN AND PRESERVE FACILITY AS CERTIFIED HISTORIC STRUCTURE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,827

Program Service Revenue $0

Investment Income $31,971

Other Revenue $169,360

TOTAL REVENUE $204,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,657

Fundraising Expenses $0

Other Expenses $17,712

TOTAL EXPENSES $131,369

Year-over-Year Comparison

	2022	2021	Change
Revenue	$204,158	$384,504	-0.5%
Expenses	$131,369	$145,634	-0.1%
Net Income	$72,789	$238,870	-0.7%

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
ANDREW LUTTON	EXECUTIVE DIRECTOR	40.00		$89,410	$0	$89,410
MARY ESTES	BOARD MEMBER	1.00	Director	$0	$0	$0
JACQUELINE HUTCHINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW LUTTON	Executive Dir.	1.00	Officer Director	$0	$0	$0
CYNDEE DORNBLASER	BOARD MEMBER	1.00	Director	$0	$0	$0
SUZANNE TIMMERMAN	Treasurer	1.00	Director	$0	$0	$0
CYNTHIA ROGERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JANET MENDEZ	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
ELLEN CHEEK	BOARD MEMBER	1.00	Director	$0	$0	$0
HARRIET PLYLER	BOARD MEMBER	1.00	Director	$0	$0	$0
J DENISE JORDAN	BOARD MEMBER	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
2022	$204,158	$131,369	$4,482,242	$72,789
2021	$384,504	$145,634	$4,793,874	$238,870
2020	$443,715	$210,728	$4,555,004	$232,987
2019	$552,879	$70,630	$4,322,017	$482,249
2018	$-8,570	$76,791	$3,839,768	$-85,361

THE HOME ASSOCIATION INC