BEAUMONT ELDERLY AND HANDICAPPED HOUSING CORPORATION (EIN 741956677) - 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

1977

Legal Domicile

Principal Officer

MARY ANN WILLIAMS

Phone

4098338947

Tax Period

2023-04-01 to 2024-01-11

BEAUMONT ELDERLY AND HANDICAPPED HOUSING CORPORATION, founded in 1977, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 148% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 55% operating margin.

Mission

HUD ASSISTED LOW INCOME HOUSING

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,429,896

Investment Income $2,616,704

Other Revenue $1,997

TOTAL REVENUE $4,048,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,389

Fundraising Expenses $0

Program Expenses $1,830,908

Other Expenses $1,600,519

TOTAL EXPENSES $1,830,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,048,597	$1,633,471	+1.5%
Expenses	$1,830,908	$1,644,008	+0.1%
Net Income	$2,217,689	$-10,537	-211.5%

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	Role	Reportable Comp	Other Comp	Total
VIRGINIA BEAN	DIRECTOR	Director	$0	$0	$0
JOHNNIE BEATTY	DIRECTOR	Director	$0	$0	$0
FREDDIE BOBB	SECRETARY	Director	$0	$0	$0
DOUGLAS CHASE	VICE CHAIRMAN	Officer Director	$0	$0	$0
MARY FLORIO SMITH	DIRECTOR	Director	$0	$0	$0
MARY ANN WILLIAMS	BOARD CHAIRMAN	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
2024	$4,048,597	$1,830,908	No data	$2,217,689
2023	$1,633,471	$1,644,008	$1,058,874	$-10,537
2022	$1,577,010	$1,504,334	$1,112,134	$72,676
2021	$1,647,121	$1,510,852	$1,211,957	$136,269
2020	$1,526,677	$1,517,553	$1,151,610	$9,124
2019	$1,404,220	$1,398,593	$1,259,209	$5,627

BEAUMONT ELDERLY AND HANDICAPPED HOUSING CORPORATION