THE MENDENHALL RURAL HSG AND COMM DEVELOPMENT CORP (EIN 640923779) - 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

2000

Legal Domicile

Principal Officer

JOHN HARDY

Phone

6019486401

Tax Period

2024-07-01 to 2025-06-30

THE MENDENHALL RURAL HSG AND COMM DEVELOPMENT CORP, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $215K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $359K exceeded revenue, resulting in a 67% operating deficit.

Mission

RENTAL OF 31 HUD SUBSIDIZED UNITS TO QUALIFIED LOW INCOME TENNANTS

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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 $212,710

Investment Income $42

Other Revenue $2,507

TOTAL REVENUE $215,259

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,145

Fundraising Expenses $0

Program Expenses $290,247

Other Expenses $322,202

TOTAL EXPENSES $359,347

Year-over-Year Comparison

	2024	2023	Change
Revenue	$215,259	$189,897	+0.1%
Expenses	$359,347	$300,773	+0.2%
Net Income	$-144,088	$-110,876	+0.3%

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
DR SCOTTYE HOLLOWAY	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN FLETCHER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN HARDY	PRESIDENT	1.00	Officer Director	$0	$0	$0
SILVANUS JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY LANDING	BOARD MEMBER	1.00	Director	$0	$0	$0
JD QUINN	BOARD MEMBER	1.00	Director	$0	$0	$0
MONTINA FLETCHER-LEWIS	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
2025	$215,259	$359,347	$686,960	$-144,088
2024	$189,897	$300,773	$798,606	$-110,876
2023	$455,450	$267,961	$908,597	$187,489
2022	$180,901	$215,047	$708,596	$-34,146
2021	$212,600	$221,394	$737,414	$-8,794
2020	$228,991	$246,848	$748,522	$-17,857
2019	$205,147	$245,269	$772,752	$-40,122
2018	$179,532	$244,680	$811,136	$-65,148

THE MENDENHALL RURAL HSG AND COMM DEVELOPMENT CORP