Denton Housing Development Corporation (EIN 751597790) - 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

1979

Legal Domicile

Principal Officer

Sherri McDade CEO

Phone

9403833039

Tax Period

2024-10-01 to 2025-09-30

Denton Housing Development Corporation, founded in 1979, is a small nonprofit in the Housing & Shelter sector that reported $661K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $765K exceeded revenue, resulting in a 16% operating deficit.

Mission

to provide elderly 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $652,951

Investment Income $8,330

Other Revenue $0

TOTAL REVENUE $661,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,521

Fundraising Expenses $0

Program Expenses $701,312

Other Expenses $380,664

TOTAL EXPENSES $765,185

Year-over-Year Comparison

	2024	2023	Change
Revenue	$661,281	$745,023	-0.1%
Expenses	$765,185	$768,506	0.0%
Net Income	$-103,904	$-23,483	+3.4%

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

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

$172,673

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sherri McDade	Chief Executive Officer	1.00	Officer	$0	$0	$172,673
Birdia Johnson	Chair	0.25	Officer	$0	$0	$0
Jessie Davis	Vice Chair	0.25	Officer	$0	$0	$0
Gerad Rosso	Commissioner	0.25	Director	$0	$0	$0
Sharetta Lee	Commissioner	0.25	Director	$0	$0	$0
Michelle Jones	Commissioner	0.25	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	$661,281	$765,185	$2,507,319	$-103,904
2024	$745,023	$768,506	$2,599,144	$-23,483
2023	$734,942	$789,003	$2,615,679	$-54,061
2022	$795,346	$748,957	$2,669,391	$46,389
2021	$1,317,184	$704,958	$2,613,589	$612,226

Denton Housing Development Corporation