Housing Plus Solutions Inc (EIN 134200638) - 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

2002

Legal Domicile

Phone

2122130221

Tax Period

2024-07-01 to 2025-06-30

Housing Plus Solutions Inc, founded in 2002, is a mid-sized nonprofit in the Housing & Shelter sector that reported $18.9M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

To PROVIDE COMMUNITY-BASED HOUSING AND COMPREHENSIVE SERVICES TO WOMEN, INCLUDING WOMEN WITH CHILDREN, TO SUPPORT THEM IN OVERCOMING POVERTY, HOMELESSNESS, ADDICTION, TRAUMA, AND THE EFFECTS OF INCARCERATION, IN ORDER TO BUILD LIVES OF STABILITY AND TO DEFINE AND REALIZE GOALS FOR THEMSELVES AND FOR THEIR FAMILIES.

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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 $18,216,391

Program Service Revenue $498,945

Investment Income $0

Other Revenue $181,987

TOTAL REVENUE $18,897,323

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,274,746

Fundraising Expenses $1,098,475

Program Expenses $16,736,338

Other Expenses $12,582,861

TOTAL EXPENSES $18,857,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,897,323	$14,851,313	+0.3%
Expenses	$18,857,607	$15,289,769	+0.2%
Net Income	$39,716	$-438,456	-1.1%

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

102

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
Rita Zimmer	Former Exec. Director	40.00		$205,709	$14,881	$220,590
Lois A Murphy	Former Deputy Exec. Director	40.00		$189,745	$3,392	$193,137
Rebecca Chatteram	Exec. VP	40.00		$166,065	$13,922	$179,987
Krishna Rampersaud	Exec VP Finance	40.00		$152,964	$25,227	$178,191
Joyce Kelly	VP Tenant Services	40.00		$157,304	$14,115	$171,419
Herman A Daly	VP of Development	40.00		$111,488	$0	$111,488
Bonnie Bach	Director	2.00	Director	$0	$0	$0
Elizabeth Anscombe	Director	2.00	Director	$0	$0	$0
Phyllis Chillingworth	Director	2.00	Director	$0	$0	$0
Katie Brown	Chair	2.00	Officer Director	$0	$0	$0
Celeste Frye	Director	2.00	Director	$0	$0	$0
Amy Wollensack	Director	2.00	Director	$0	$0	$0
Karen Ford	CEO	40.00	Officer Director	$0	$0	$0
Shadequa Hampton	Director	2.00	Director	$0	$0	$0
Victoria May	Director	2.00	Director	$0	$0	$0
Mary Gherty	Director	2.00	Director	$0	$0	$0
Andrea Gibbs	Director	2.00	Director	$0	$0	$0
Quentin Esme Brown	Director	2.00	Director	$0	$0	$0
Mamie McIndoe	Director	2.00	Director	$0	$0	$0
Katherine Maughan	Director	2.00	Director	$0	$0	$0
Teghvir Sethi	Treasurer	2.00	Officer Director	$0	$0	$0
Alexis Perrotta	Director	2.00	Director	$0	$0	$0
Alena Silberman	Director	2.00	Director	$0	$0	$0
Vikram Shah	Director	2.00	Director	$0	$0	$0
Myrta Vida	Director	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
2025	$18,897,323	$18,857,607	$9,679,437	$39,716
2024	No data	No data	No data	No data
2023	$13,420,965	$13,287,939	$10,938,041	$133,026
2023	$13,420,964	$13,326,208	$12,973,636	$94,756
2022	$8,797,491	$8,659,468	$3,528,138	$138,023
2022	$8,640,993	$8,679,321	$3,244,996	$-38,328
2021	$8,488,252	$8,418,257	$3,042,973	$69,995
2020	$6,778,611	$7,068,249	$2,971,994	$-289,638
2019	$6,133,383	$6,094,596	$1,910,467	$38,787
2018	$5,305,433	$5,179,930	$1,857,408	$125,503

Housing Plus Solutions Inc