FINANCIAL INSTITUTIONS HOUSING OPPORTUNITY POOL (EIN 050595903) - 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

2004

Legal Domicile

Principal Officer

BREANNE HANCOCK

Phone

6017184642

Tax Period

2024-01-01 to 2024-12-31

FINANCIAL INSTITUTIONS HOUSING OPPORTUNITY POOL, founded in 2004, is a micro nonprofit in the Housing & Shelter sector that reported $84K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $75K left a modest 11% surplus.

Mission

PROVIDE AFFORDABLE HOUSING IN MISSISSIPPI FOR PERSONS WITH LOW INCOME

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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 $2,000

Program Service Revenue $59,563

Investment Income $22,088

Other Revenue $0

TOTAL REVENUE $83,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,184

Other Expenses $74,720

TOTAL EXPENSES $74,720

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,651	$112,892	-0.3%
Expenses	$74,720	$43,784	+0.7%
Net Income	$8,931	$69,108	-0.9%

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
DAVID HANCOCK	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE GAMMON	CHAIRMAN	1.00	Director	$0	$0	$0
JASON DUREN	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
BERNARD BRIDGES	VICE-CHAIRMAN	1.00	Director	$0	$0	$0
SANDY COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
CHAD BOARMAN	DIRECTOR	1.00	Director	$0	$0	$0
DELLA BREWSTER	DIRECTOR	1.00	Director	$0	$0	$0
JASON LUNCEFORD	DIRECTOR	1.00	Director	$0	$0	$0
TRA ALFORD	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM C LEHR	DIRECTOR	1.00	Director	$0	$0	$0
DWAYNE MEYERS	DIRECTOR	1.00	Director	$0	$0	$0
MARK WERNETTE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN COOKSEY	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY MONTGOMERY	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW CREEKMORE	DIRECTOR	1.00	Director	$0	$0	$0
BILLY BRUNT	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW BOLTON	ADMINISTRATOR	1.00	Director	$0	$0	$0
BREANNE HANCOCK	CHIEF FINANCIAL OFFICER	2.00	Officer	$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	$83,651	$74,720	$972,789	$8,931
2023	$112,892	$43,784	$976,003	$69,108
2022	$90,004	$53,819	$917,162	$36,185
2021	$60,386	$7,006	$855,940	$53,380
2020	$83,549	$12,365	$811,767	$71,184
2019	$83,063	$23,415	$793,917	$59,648
2018	$66,449	$18,623	$699,703	$47,826

FINANCIAL INSTITUTIONS HOUSING OPPORTUNITY POOL