DECATUR HOUSING DEVELOPMENT CORPORATION (EIN 630831994) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

TAURA DENMON

Phone

2563534691

Tax Period

2024-07-01 to 2025-06-30

DECATUR HOUSING DEVELOPMENT CORPORATION, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $504K in total revenue in fiscal year 2017. Expenses of $616K exceeded revenue, resulting in a 22% operating deficit.

Mission

LOW INCOME HOUSING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $415,419

Investment Income $402,160

Other Revenue $21,202

TOTAL REVENUE $838,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,162

Fundraising Expenses $0

Program Expenses $540,574

Other Expenses $562,876

TOTAL EXPENSES $632,038

Year-over-Year Comparison

	2024	2023	Change
Revenue	$838,781	$587,511	+0.4%
Expenses	$632,038	$736,699	-0.1%
Net Income	$206,743	$-149,188	-2.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MILES WRIGHT	PRESIDENT	2.00	Officer Director	$0	$0	$0
SAM RICE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CINDY BRACKEN	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD CHANDLER	DIRECTOR	2.00	Director	$0	$0	$0
DERWIN D HALE	DIRECTOR	2.00	Director	$0	$0	$0
KIMBERLY HILL	DIRECTOR	2.00	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
2025	$838,781	$632,038	$3,930,883	$206,743
2024	$587,511	$736,699	$3,730,212	$-149,188
2023	$565,547	$742,461	$4,022,062	$-176,914
2022	$550,718	$639,620	$4,219,133	$-88,902
2021	$538,298	$609,431	$4,166,840	$-71,133
2020	$496,227	$674,241	$4,242,402	$-178,014
2019	$496,216	$624,501	$4,387,008	$-128,285
2018	$503,541	$616,377	$4,513,397	$-112,836

DECATUR HOUSING DEVELOPMENT CORPORATION