RETIRED TEACHERS HOUSING INC

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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

1964

Legal Domicile

Principal Officer

JO MATCHETT

Phone

5013723610

Tax Period

2024-01-01 to 2024-12-31

RETIRED TEACHERS HOUSING INC, founded in 1964, is a small nonprofit that reported $705K in total revenue in fiscal year 2024.

Mission

TO PROVIDE LOW INCOME HOUSING TO RETIRED PERSONS AGE 62 AND OLDER

Program Service Accomplishments

Program 1

Expenses: $638,095 Revenue: $677,877

TO PROVIDE LOW INCOME HOUSING TO RETIRED PERSONS AGE 62 AND OLDER.

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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 $664,170

Investment Income $27,155

Other Revenue $13,707

TOTAL REVENUE $705,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,430

Fundraising Expenses $0

Program Expenses $638,095

Other Expenses $608,341

TOTAL EXPENSES $752,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$705,032	$689,912	+0.0%
Expenses	$752,771	$751,184	+0.0%
Net Income	$-47,739	$-61,272	-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

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

$80,019

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LLOYD BLACK	DIRECTOR	1.00	Director	$0	$0	$0
BOBBY LESTER	DIRECTOR	1.00	Director	$0	$0	$0
DIANA GLAZE	CHAIRMAN/PRESIDENT	1.00	Officer Director	$0	$0	$0
DONNA MOREY	DIRECTOR	1.00	Director	$0	$0	$0
DANNY KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
JO MATCHETT	MANAGER/TREASURER	40.00	Officer	$80,019	$0	$80,019
CHRIS BRUNSON	SECRETARY	1.00	Officer	$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	$705,032	$752,771	$1,088,708	$-47,739
2023	$689,912	$751,184	$1,134,835	$-61,272
2022	$656,968	$713,148	$1,198,144	$-56,180
2021	$656,100	$689,414	$1,263,137	$-33,314
2020	$684,484	$607,769	$1,287,772	$76,715
2019	$684,756	$649,199	$1,208,850	$35,557
2018	$703,593	$557,019	$1,166,276	$146,574