PANAMA CITY HOUSING FUNDING CORPORATION

EIN: 842139522 501(c)(3) Housing & Shelter

PANAMA CITY, FL

Total Revenue
N/A
Total Expenses
$50,014
Total Assets
$582,199
Net Assets
$582,199
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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
2019
Legal Domicile
FL
Principal Officer
TERI HENRY
Phone
8507695278
Tax Period
2023-10-01 to 2024-09-30

Mission

TO PROMOTE, FUND, PROVIDE, DEVELOP AND IMPROVE QUALITY AFFORDABLE HOUSING FOR INDIVIDUALS AND FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

TO PROMOTE, FUND, PROVIDE, DEVELOP AND IMPROVE QUALITY AFFORDABLE HOUSING FOR INDIVIDUALS AND FAMILIES. NO SUCH SERVICES PROVIDED THIS YEAR.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $50,014
TOTAL EXPENSES $50,014

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $50,014 $19,517 +1.6%
Net Income N/A $-19,517 N/A
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

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Governance

Voting Members
5
Independent Members
5
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
3
$126,864
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jan Johnson Vice-Chairperson 0.05
Officer Director
$0 $0 $0
Irvin Clark Chairman 0.05
Officer Director
$0 $0 $0
Laura Murphy Director 0.05
Director
$0 $0 $0
Gerry Lowther Director 0.05
Director
$0 $0 $0
Dan Lancaster Director 0.05
Director
$0 $0 $0
Teresa Henry Secretary 2.00
Officer
$0 $0 $126,864
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 No data $50,014 $582,199 No data
2023 No data $19,517 $632,213 No data
2022 $67,500 $20,420 $651,730 $47,080
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