TANNER PROPERTIES INC (EIN 861023858) - 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

2001

Legal Domicile

Principal Officer

Delmonte Edwards

Phone

4809483334

Tax Period

2024-01-01 to 2024-12-31

TANNER PROPERTIES INC, founded in 2001, is a micro nonprofit in the Housing & Shelter sector that reported $81K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $186K exceeded revenue, resulting in a 129% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING FOR LOWER 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 $30,179

Program Service Revenue $0

Investment Income $0

Other Revenue $51,085

TOTAL REVENUE $81,264

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $18,957

Fundraising Expenses $0

Program Expenses $40,026

Other Expenses $142,279

TOTAL EXPENSES $186,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,264	$744,404	-0.9%
Expenses	$186,236	$743,938	-0.7%
Net Income	$-104,972	$466	-226.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pastor Benjamin Thomas	Director	010.00	Director	$0	$0	$0
Jacquelyn Toliver	Director	010.00	Director	$0	$0	$0
Phyllis Rodriguez	Director	010.00	Director	$0	$0	$0
Dr Lottie Lecian	Director	010.00	Director	$0	$0	$0
Del Monte Edwards	Executive Director	010.00	Director Highest	$0	$0	$0
MIchael Dean	Director	010.00	Director	$0	$0	$0
Leah Landrum Taylor	Director	010.00	Director	$0	$0	$0
Terest Toney	Director	010.00	Director	$0	$0	$0
Adora Lewis	Director	010.00	Director	$0	$0	$0
Virgil Berry	Director	010.00	Director	$0	$0	$0
LC DeMon Carey	President	010.00	Officer	$0	$0	$0
Theresa Hale	Secretary	010.00	Officer	$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
2024	$81,264	$186,236	$366,678	$-104,972
2023	$744,404	$743,938	$150,747	$466
2022	$107,439	$148,570	$150,281	$-41,131
2021	$79,085	$73,789	$191,412	$5,296
2020	$203,606	$111,186	$186,116	$92,420

TANNER PROPERTIES INC