Family Housing Development Corporation (EIN 850373880) - 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

1993

Legal Domicile

Principal Officer

Rick Davis

Phone

5058739638

Tax Period

2024-07-01 to 2025-06-30

Mission

Development of affordable housing subdivisions and afforable 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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,968

Fundraising Expenses $0

Program Expenses $29,856

Other Expenses $16,888

TOTAL EXPENSES $29,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$563,909	-1.0%
Expenses	$29,856	$29,539	+0.0%
Net Income	N/A	$534,370	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

Governance

Voting Members

Independent Members

Employees

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rick Davis	President	5.00	Officer Director	$12,000	$0	$12,000
Robert R Unthank	Chairman	0.25	Officer Director	$0	$0	$0
James Folkman	Secretary	0.25	Officer Director	$0	$0	$0
Fred Arfman	Treasurer	0.25	Officer Director	$0	$0	$0
Duncan Milloy	Director	0.25	Director	$0	$0	$0
Charles Price	Director	0.25	Director	$0	$0	$0
Bill Dolan	Director	0.25	Director	$0	$0	$0
Tim With	Director	0.25	Director	$0	$0	$0
Anne Yegge	Director	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	No data	$29,856	$1,297,371	No data
2024	$563,909	$29,539	$1,327,227	$534,370
2023	No data	$28,581	$792,858	No data
2022	No data	$30,495	$823,526	No data
2021	$104	$31,740	$853,552	$-31,636
2020	No data	$34,010	$885,191	No data
2019	No data	$32,376	$682,504	No data

Family Housing Development Corporation