PIONEER HOUSING DEVELOPMENT INC (EIN 611311812) - 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

JESSICA STRONG

Phone

6066235968

Tax Period

2024-07-01 to 2025-06-30

PIONEER HOUSING DEVELOPMENT INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $284K in total revenue in fiscal year 2024. Revenue surged 172% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 16% operating margin.

Mission

TO PROVIDE DECENT, SAFE AND SANITARY AFFORDABLE HOUSING TO VERY LOW INCOME FAMILIES OR PERSONS.

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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 $0

Program Service Revenue $111,762

Investment Income $22

Other Revenue $172,588

TOTAL REVENUE $284,372

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $234,450

Other Expenses $238,765

TOTAL EXPENSES $238,765

Year-over-Year Comparison

	2024	2023	Change
Revenue	$284,372	$104,463	+1.7%
Expenses	$238,765	$121,316	+1.0%
Net Income	$45,607	$-16,853	-3.7%

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

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

$79,413

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SYLVIA T POWELL	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
HAROLD RICHARDSON	FORMER VICE-CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT BLYTHE	MEMBER (MAYOR OF RICHMOND)	1.00	Director	$0	$0	$0
JOHNETTA BARGER	MEMBER	1.00	Director	$0	$0	$0
VIRGIL GARDNER	MEMBER	1.00	Director	$0	$0	$0
JESSICA STRONG	SECRETARY/TREASURER	8.00	Officer	$0	$4,400	$79,413

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	$284,372	$238,765	$1,229,735	$45,607
2024	$104,463	$121,316	$1,202,971	$-16,853
2023	$100,741	$126,550	$1,240,978	$-25,809
2022	$100,304	$108,890	$1,277,020	$-8,586
2021	$101,579	$106,267	$1,306,043	$-4,688
2020	$97,469	$112,140	$1,324,446	$-14,671
2019	$100,189	$113,174	$1,352,775	$-12,985
2018	$92,906	$107,667	$1,379,179	$-14,761

PIONEER HOUSING DEVELOPMENT INC