POWERS HOUSING DEVELOPMENT INC (EIN 930764167) - 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

1982

Legal Domicile

Principal Officer

CRAIG RECTOR

Phone

5417564111

Tax Period

2023-04-01 to 2024-03-31

POWERS HOUSING DEVELOPMENT INC, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $435K in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 20% operating margin.

Mission

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 (2023)

Revenue Breakdown

Contributions & Grants $192,185

Program Service Revenue $242,333

Investment Income $180

Other Revenue $366

TOTAL REVENUE $435,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,900

Fundraising Expenses $0

Program Expenses $250,523

Other Expenses $226,569

TOTAL EXPENSES $348,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$435,064	$198,939	+1.2%
Expenses	$348,469	$382,729	-0.1%
Net Income	$86,595	$-183,790	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG RECTOR	PRESIDENT	0.25	Officer Director	$0	$0	$0
JACKIE ANDERSON	FORMER SECRETARY	0.25	Director	$0	$0	$0
RAY PARKHURST	MEMBER	0.25	Director	$0	$0	$0
NOBEL ADAMEK	FORMER PRESIDENT	0.25	Director	$0	$0	$0
LAURIE PARKHURST	MEMBER	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	No data	No data	No data
2024	$435,064	$348,469	$622,231	$86,595
2023	$198,939	$382,729	$575,916	$-183,790
2022	$282,323	$293,597	$736,682	$-11,274
2021	$270,634	$280,288	$761,959	$-9,654
2020	$271,117	$271,475	$796,966	$-358
2019	$279,708	$274,523	$695,559	$5,185

POWERS HOUSING DEVELOPMENT INC