GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION (EIN 954505619) - 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

1992

Legal Domicile

Principal Officer

Sean Gaston

Phone

5628790419

Tax Period

2025-01-01 to 2025-12-31

GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $242K in total revenue in fiscal year 2025. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 18% operating margin.

Mission

GHEDC seeks to improve the socio-economic condition of residents through education low-income housing and economic development in depressed areas such as south Los Angeles Watts.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $241,514

Investment Income $0

Other Revenue $0

TOTAL REVENUE $241,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,129

Other Expenses $197,066

TOTAL EXPENSES $197,066

Year-over-Year Comparison

	2025	2024	Change
Revenue	$241,514	$158,826	+0.5%
Expenses	$197,066	$421,203	-0.5%
Net Income	$44,448	$-262,377	-1.2%

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	Role	Reportable Comp	Other Comp	Total
Dr Sean Gaston	President	Officer Director	$0	$0	$0
Rochelle Edmondson	Treasurer	Officer Director	$0	$0	$0
Lee Webster	Secretary	Officer Director	$0	$0	$0
Chris Jordan	Executive Director	Officer 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	$241,514	$197,066	$1,900,404	$44,448
2024	$158,826	$421,203	$1,859,498	$-262,377
2023	$254,385	$253,324	$2,125,417	$1,061
2022	$185,876	$145,516	$2,127,898	$40,360
2021	$418,829	$124,510	$2,091,080	$294,319
2020	$220,707	$211,553	$1,800,304	$9,154

GRANT HOUSING AND ECONOMIC DEVELOPMENT CORPORATION