529 EXCHANGE HOUSING DEVELOPMENT FUND COMPANY INC (EIN 880686013) - 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

2022

Legal Domicile

Principal Officer

ROBERT P DOEBLIN

Phone

3157898010

Tax Period

2024-01-01 to 2024-12-31

529 EXCHANGE HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $577K in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 22% operating margin.

Mission

TO PROVIDE LOW INCOME 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 $36,900

Program Service Revenue $475,432

Investment Income $10

Other Revenue $64,999

TOTAL REVENUE $577,341

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,710

Fundraising Expenses $0

Program Expenses $242,392

Other Expenses $288,850

TOTAL EXPENSES $447,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$577,341	$348,968	+0.7%
Expenses	$447,560	$276,461	+0.6%
Net Income	$129,781	$72,507	+0.8%

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

$174,610

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOMINICK VEDORA	PRESIDENT	2.00	Officer Director	$0	$0	$0
PHIL BECKLEY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN PARROTT JR	SECRETARY	2.00	Officer Director	$0	$0	$0
JIM VEDORA	TREASURER	2.00	Officer Director	$0	$0	$0
SISTER KAY SCHWENZER	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH BRACKET	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT DOEBLIN	CEO	2.00	Officer	$0	$40,357	$174,610

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	$577,341	$447,560	$4,765,962	$129,781
2023	$348,968	$276,461	$2,623,269	$72,507
2023	$348,968	$276,460	$2,455,116	$72,508

529 EXCHANGE HOUSING DEVELOPMENT FUND COMPANY INC