FANCY FARM ELDERLY HOUSING CORP II (EIN 611195893) - 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

1994

Legal Domicile

Principal Officer

JOYCE TOON

Phone

2702477171

Tax Period

2024-01-01 to 2024-12-31

FANCY FARM ELDERLY HOUSING CORP II, founded in 1994, is a micro nonprofit in the Housing & Shelter sector that reported $84K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

PROVIDING LOW INCOME HOUSING TO THE ELDERLY

🔒

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 $41,472

Program Service Revenue $42,904

Investment Income $24

Other Revenue $0

TOTAL REVENUE $84,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,738

Other Expenses $89,794

TOTAL EXPENSES $89,794

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,400	$100,148	-0.2%
Expenses	$89,794	$93,769	0.0%
Net Income	$-5,394	$6,379	-1.8%

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
JOYCE TOON	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM R HIGDON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROSE BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
LEO THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
LOIS ELLIOT	DIRECTOR	1.00	Director	$0	$0	$0
GAYLE WILLETT	DIRECTOR	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
2024	$84,400	$89,794	$198,369	$-5,394
2023	$100,148	$93,769	$203,049	$6,379
2022	$93,673	$92,608	$196,700	$1,065
2021	$94,988	$84,519	$202,060	$10,469
2020	$77,945	$73,084	$197,159	$4,861
2019	$63,524	$92,321	$204,359	$-28,797
2018	$46,110	$32,068	$267,818	$14,042

FANCY FARM ELDERLY HOUSING CORP II