MALLARD RUN HOUSING DEVELOPMENT CORPORATION (EIN 742691914) - 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

1994

Legal Domicile

Principal Officer

DEANNE TORRES

Phone

5123528660

Tax Period

2023-10-01 to 2024-09-30

MALLARD RUN HOUSING DEVELOPMENT CORPORATION, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $703K in total revenue in fiscal year 2023. Expenses of $637K left a modest 9% surplus.

Mission

THE ORGANIZATION PROVIDES LOW TO MODERATE INCOME FAMILIES, INCLUDING THE ELDERLY AND HANDICAPPED WITH CLEAN, SAFE AND AFFORDABLE HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.

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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 $702,595

Investment Income $40

Other Revenue $0

TOTAL REVENUE $702,635

Expense Breakdown

Grants Paid $3,095

Salaries & Benefits $434,262

Fundraising Expenses $0

Program Expenses $598,178

Other Expenses $200,028

TOTAL EXPENSES $637,385

Year-over-Year Comparison

	2023	2022	Change
Revenue	$702,635	$686,378	+0.0%
Expenses	$637,385	$656,279	0.0%
Net Income	$65,250	$30,099	+1.2%

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

$129,694

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED KOMANDOSKY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JONATHAN ROSE	COMMISSIONER	1.00	Director	$0	$0	$0
JESSE NUNEZ	COMMISSIONER	1.00	Director	$0	$0	$0
DORIS CORLEY	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROSEMARY FELLOWS	COMMISSIONER	1.00	Director	$0	$0	$0
DEANNE TORRES	EXECUTIVE DIRECTOR	20.00	Officer	$103,838	$25,856	$129,694

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	$702,635	$637,385	$2,210,510	$65,250
2023	$686,378	$656,279	$2,086,455	$30,099
2022	$635,310	$610,025	$1,999,386	$25,285
2021	$678,746	$584,979	$1,878,608	$93,767
2020	$635,316	$541,468	$1,769,484	$93,848
2019	$646,736	$593,552	$1,614,681	$53,184
2018	$489,509	$442,762	$1,424,421	$46,747

MALLARD RUN HOUSING DEVELOPMENT CORPORATION