DELAWARE RENTAL PRESERVATION CORPORATION (EIN 812342145) - 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

2016

Legal Domicile

Principal Officer

EUGENE R YOUNG

Phone

3027394263

Tax Period

2022-07-01 to 2023-06-30

DELAWARE RENTAL PRESERVATION CORPORATION, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2022. Revenue surged 23693% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 95% operating margin.

Mission

THE CORPORATION PROVIDES HOUSING FOR LOW INCOME FAMILIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,540,000

Investment Income $6,500

Other Revenue $42

TOTAL REVENUE $1,546,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,312

Fundraising Expenses $0

Program Expenses $79,872

Other Expenses $62,010

TOTAL EXPENSES $83,322

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,546,542	$6,500	+236.9%
Expenses	$83,322	$82,614	+0.0%
Net Income	$1,463,220	$-76,114	-20.2%

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

N/A

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

$544,635

Total Directors

$544,635

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA A KARNAI	VICE PRESIDENT	1.00	Officer Director	$0	$38,514	$148,288
ANNETTE J MILLER	TREASURER	1.00	Officer Director	$0	$33,862	$115,477
EUGENE YOUNG	PRESIDENT	1.00	Officer Director	$0	$43,963	$176,152
DORIS HALL	SECRETARY	1.00	Officer Director	$0	$32,272	$104,718

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,546,542	$83,322	$4,772,825	$1,463,220
2022	$6,500	$82,614	$3,282,693	$-76,114
2021	$625,917	$4,229	$3,353,307	$621,688
2020	$6,500	$134,351	$2,731,319	$-127,851
2019	$439,179	$5,809	$2,858,420	$433,370

DELAWARE RENTAL PRESERVATION CORPORATION