TANASI HOUSING DEVELOPMENT CORPORATION (EIN 821340617) - 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

2017

Legal Domicile

Principal Officer

LISA BONADIO

Phone

4234799659

Tax Period

2024-01-01 to 2024-12-31

TANASI HOUSING DEVELOPMENT CORPORATION, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $908K in total revenue in fiscal year 2024. Revenue surged 725% from the prior year, signaling strong growth momentum. The organization ran a surplus of $893K, a strong 98% operating margin.

Mission

TO SUPPORT AFFORDABLE HOUSING FOR LOW TO MODERATE 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $852,773

Investment Income $54,956

Other Revenue $0

TOTAL REVENUE $907,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,109

Other Expenses $14,309

TOTAL EXPENSES $14,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$907,729	$110,070	+7.2%
Expenses	$14,309	$10,155	+0.4%
Net Income	$893,420	$99,915	+7.9%

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

$153,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY BOHANNON	CHAIRMAN	2.00	Director	$0	$0	$0
LAMAR ARP	VICE CHAIR	2.00	Director	$0	$0	$0
SHERRONDA THOMPSON	MEMBER	2.00	Director	$0	$0	$0
KEN MELTON	MEMBER	2.00	Director	$0	$0	$0
DAVID CARROLL	MEMBER	2.00	Director	$0	$0	$0
DUSTIN TOMMEY	MEMBER	2.00	Director	$0	$0	$0
LISA BONADIO	EXECUTIVE DIRECTOR	2.00	Officer	$0	$17,648	$153,400

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	$907,729	$14,309	$2,856,214	$893,420
2023	$510,763	$632	$1,862,879	$510,131
2023	$110,070	$10,155	$1,964,740	$99,915
2022	$547,380	$6,763	$1,352,748	$540,617
2021	$886	$771	$812,131	$115
2020	$7,570	$770	$812,016	$6,800
2019	$3,565	$755	$805,216	$2,810
2018	$802,406	No data	$802,406	No data

TANASI HOUSING DEVELOPMENT CORPORATION