MAHALO HOMES INC (EIN 611593417) - 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

2009

Legal Domicile

Principal Officer

SENDY ROMMEL

Phone

4106536190

Tax Period

2022-07-01 to 2023-06-30

MAHALO HOMES INC, founded in 2009, is a micro nonprofit in the Housing & Shelter sector that reported $62K in total revenue in fiscal year 2022. Expenses of $101K exceeded revenue, resulting in a 63% operating deficit.

Mission

THE ENTITY RENOVATES AND MAINTAINS RESIDENTIAL RENTAL PROPERTIES DESIGNED FOR LOW INCOME ADULTS WITH DISABILITIES UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

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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 $0

Program Service Revenue $62,400

Investment Income $6

Other Revenue $0

TOTAL REVENUE $62,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,220

Fundraising Expenses $0

Program Expenses $86,876

Other Expenses $80,216

TOTAL EXPENSES $101,436

Year-over-Year Comparison

	2022	2021	Change
Revenue	$62,406	$59,006	+0.1%
Expenses	$101,436	$90,891	+0.1%
Net Income	$-39,030	$-31,885	+0.2%

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
SENDY ROMMEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
KENNETH TABLER	VP	1.00	Officer Director	$0	$0	$0
MOLLY COFFAY	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURIE BENNETT	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
2023	$62,406	$101,436	$949,304	$-39,030
2022	$59,006	$90,891	$959,055	$-31,885
2021	$68,314	$87,727	$985,932	$-19,413
2020	$55,930	$89,047	$1,009,091	$-33,117

MAHALO HOMES INC