HRC PROPERTIES INC (EIN 810516735) - 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

1999

Legal Domicile

Principal Officer

JIM MORTON

Phone

4067283710

Tax Period

2017-07-01 to 2018-06-30

HRC PROPERTIES INC, founded in 1999, is a small nonprofit that reported $304K in total revenue in fiscal year 2017. Expenses of $1.5M exceeded revenue, resulting in a 401% operating deficit.

Mission

HOLD AND MANAGE REAL ESTATE FOR THE PARENT ORGANIZATION, DISTRICT XI HUMAN RESOURCE COUNCIL, INC.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $304,483

Investment Income $7

Other Revenue $0

TOTAL REVENUE $304,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,526,567

TOTAL EXPENSES $1,526,567

Year-over-Year Comparison

	2017	2016	Change
Revenue	$304,490	$298,141	+0.0%
Expenses	$1,526,567	$186,766	+7.2%
Net Income	$-1,222,077	$111,375	-12.0%

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

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

$116,862

Total Directors

$116,862

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLIE WELLENSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES MORTON	PRESIDENT	2.00	Officer Director	$0	$18,698	$116,862
LARRY DEGARMO	VICE PRESIDENT	1.00	Officer 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
2018	$304,490	$1,526,567	No data	$-1,222,077

HRC PROPERTIES INC