ALLEN TEMPLE DEVELOPMENT CORP 2 NO 2 (EIN 942829254) - 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

ARVON PERTEET

Phone

9259247100

Tax Period

2023-10-01 to 2024-09-30

ALLEN TEMPLE DEVELOPMENT CORP 2 NO 2, founded in 1982, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Expenses of $959K left a modest 5% surplus.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED PERSONS.

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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 $771,405

Program Service Revenue $215,742

Investment Income $15,742

Other Revenue $2,486

TOTAL REVENUE $1,005,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $824,956

Other Expenses $959,180

TOTAL EXPENSES $959,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,005,375	$1,054,306	0.0%
Expenses	$959,180	$940,509	+0.0%
Net Income	$46,195	$113,797	-0.6%

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
PERTEET ARVON J	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
OLIVER WANDA M	VICE CHAIR	2.00	Officer Director	$0	$0	$0
HENNEN ARAINA LYNN	SECRETARY	2.00	Officer Director	$0	$0	$0
SAMPSON LARRY V	TREASURER	2.00	Officer Director	$0	$0	$0
BRISCO VANESSA	BOARD MEMBER	2.00	Director	$0	$0	$0
OLIVER NATE	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
MARTIN-HOLLAND JUDY	BOARD MEMBER	2.00	Director	$0	$0	$0
DARDEN BEN	BOARD MEMBER	2.00	Director	$0	$0	$0
ALLISON LESLIE	BOARD MEMBER	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
2024	$1,005,375	$959,180	$1,034,876	$46,195
2023	$1,054,306	$940,509	$1,024,229	$113,797
2022	$949,036	$807,439	$1,099,457	$141,597
2021	$949,953	$722,557	$1,175,853	$227,396
2020	$850,541	$657,879	$1,166,278	$192,662
2019	$1,103,216	$986,372	$1,132,142	$116,844
2018	$772,089	$695,921	$816,509	$76,168

ALLEN TEMPLE DEVELOPMENT CORP 2 NO 2