IHA INC (EIN 061566759) - 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

2000

Legal Domicile

Principal Officer

HELEN MCALINDEN

Tax Period

2023-01-01 to 2023-12-31

IHA INC, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $164K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $218K exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVISION OF AFFORDABLE, SUPPORTIVE HOUSING UNITS AND CASE MANAGEMENT SERVUCES (SEE SCH, O)- 8 UNITS, 3 BUILDINGS. TENANT RENTS ARE SUBSIDIZED BY HUD.

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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 $0

Program Service Revenue $163,921

Investment Income $129

Other Revenue $8

TOTAL REVENUE $164,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,052

Other Expenses $218,317

TOTAL EXPENSES $218,317

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,058	$134,236	+0.2%
Expenses	$218,317	$215,848	+0.0%
Net Income	$-54,259	$-81,612	-0.3%

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

195

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

$338,255

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN MCALINDEN	PRESIDENTCEO	0.30	Officer	$0	$13,845	$145,600
PARIS LOONEY	VICE PRESIDENTCOO	0.30	Officer	$0	$617	$109,048
JACQUELINE HOGAN	CFO	0.30	Officer	$0	$540	$83,607
RALPH YEARWOOD	DIRECTOR	0.30	Director	$0	$0	$0
KATE WEBER	DIRECTOR	0.30	Director	$0	$0	$0
LAUREN SOLOFF	DIRECTOR	0.30	Director	$0	$0	$0
CHAN WHEELER	DIRECTOR	0.30	Director	$0	$0	$0
JANE KIM	DIRECTOR	0.30	Director	$0	$0	$0
BETH MASSOUD	DIRECTOR	0.30	Director	$0	$0	$0
WILL HASKEL	DIRECTOR	0.30	Director	$0	$0	$0
CLAUDIA NIXON	DIRECTOR	0.30	Director	$0	$0	$0
STEVEN PAYMER	DIRECTOR	0.30	Director	$0	$0	$0
LAUREN B SCHILLER	DIRECTOR	0.30	Director	$0	$0	$0
BRUCE GAYLORD	DIRECTOR	0.30	Director	$0	$0	$0
ALLYSON GOTTLIEB	DIRECTOR	0.30	Director	$0	$0	$0
BRIAN BAXENDALE	DIRECTOR	0.30	Director	$0	$0	$0
DALE FREDSTON	DIRECTOR	0.30	Director	$0	$0	$0
NAEEMA LIVINGSTON	DIRECTOR	0.30	Director	$0	$0	$0
CAROL RANDEL	DIRECTOR	0.30	Director	$0	$0	$0
JEFFREY GURREN	DIRECTOR	0.30	Director	$0	$0	$0
NATASHA LIPCAN	DIRECTOR	0.30	Director	$0	$0	$0
JENNIFER FERRANTE	VICE CHAIR	0.30	Officer Director	$0	$0	$0
JOHN WALSH	CHAIR	0.30	Officer Director	$0	$0	$0
REBECCA MARTIN	SECRETARY	0.30	Officer Director	$0	$0	$0
BRUCE HENNEMUTH	TREASURER	0.30	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	No data	No data	No data	No data
2023	$164,058	$218,317	$559,048	$-54,259
2022	$134,236	$215,848	$524,780	$-81,612
2021	$136,288	$222,284	$578,177	$-85,996
2020	$142,283	$176,448	$630,861	$-34,165
2019	$135,478	$193,803	$648,183	$-58,325
2018	$139,776	$201,387	$677,925	$-61,611

IHA INC