NATIONAL HOMES TRUST INC (EIN 954561751) - 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

1995

Legal Domicile

Principal Officer

DOUGLAS J WORKMAN

Phone

3108285100

Tax Period

2024-01-01 to 2024-12-31

NATIONAL HOMES TRUST INC, founded in 1995, is a micro nonprofit in the Housing & Shelter sector that reported $636 in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $4K exceeded revenue, resulting in a 472% operating deficit.

Mission

ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, ALL THOSE IN CONNECTION WITH 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 $636

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,639

TOTAL EXPENSES $3,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$636	$17,000	-1.0%
Expenses	$3,639	$6,146	-0.4%
Net Income	$-3,003	$10,854	-1.3%

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER C HARTMAN	PRESIDENT	1.00	Officer Director	$0	$0	$12,000
LAWRENCE F PENN	CFO & TREASURER	1.00	Officer Director	$0	$0	$0
DOUGLAS J WORKMAN	VICE PRESIDENT & SECRETARY	1.00	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
2024	$636	$3,639	$20,310	$-3,003
2023	$17,000	$6,146	$23,313	$10,854
2022	No data	$2,491	$12,459	No data
2021	No data	$19,494	$14,950	No data
2020	No data	$1,640	$34,444	No data
2019	No data	$188	$36,084	No data
2018	$2,250	$1,094	$36,272	$1,156

NATIONAL HOMES TRUST INC