BANNEKER HOMES INC (EIN 941705754) - 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

1967

Legal Domicile

Phone

4158637450

Tax Period

2024-09-01 to 2025-08-31

BANNEKER HOMES INC, founded in 1967, is a micro nonprofit in the Housing & Shelter sector that reported $96K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $420K exceeded revenue, resulting in a 335% operating deficit.

Mission

THE CORPORATION PROVIDES HOUSING AND OTHER SERVICES FOR PERSONS OF LOW AND MODERATE 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 $0

Program Service Revenue $92,655

Investment Income $3,845

Other Revenue $0

TOTAL REVENUE $96,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,538

Fundraising Expenses $0

Program Expenses $350,415

Other Expenses $200,297

TOTAL EXPENSES $419,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,500	$264,851	-0.6%
Expenses	$419,835	$426,236	0.0%
Net Income	$-323,335	$-161,385	+1.0%

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

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
BARBARA HORNSBY	PRESIDENT	2.00	Director	$0	$0	$0
RUBY BYRD	VICE PRESIDENT	2.00	Director	$0	$0	$0
WILLA WILLIS	TREASURER	2.00	Director	$0	$0	$0
EARNESTINE BROWN DAVIS	SECRETARY	2.00	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	$96,500	$419,835	$5,978,578	$-323,335
2024	$264,851	$426,236	$6,301,913	$-161,385
2023	$305,324	$488,362	$6,463,673	$-183,038
2022	$68,055	$552,305	$6,653,748	$-484,250
2021	$70,863	$514,454	$7,140,735	$-443,591
2020	$322,073	$407,145	$7,588,825	$-85,072
2019	$229,501	$354,772	$7,675,607	$-125,271

BANNEKER HOMES INC