HOME SWEET HOME COMMUNITY REDEVELOPMENT CO (EIN 141870063) - 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

2003

Legal Domicile

Principal Officer

DEMETRIA REED

Tax Period

2022-01-01 to 2022-12-31

HOME SWEET HOME COMMUNITY REDEVELOPMENT CO, founded in 2003, is a small nonprofit in the Education sector that reported $151K in total revenue in fiscal year 2022. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $192K exceeded revenue, resulting in a 27% operating deficit.

Mission

REBUILDING OUR COMMUNITY ONE DAY AT A TIME TO PROVIDE TRUE AFFORADBLE HOUSING PROGRAMS AND COMMUNITY BASE SERVICES IN TEXAS, LOUISIANA AND OHIO

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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 (2022)

Revenue Breakdown

Contributions & Grants $107,379

Program Service Revenue $8,090

Investment Income $35,356

Other Revenue $290

TOTAL REVENUE $151,115

Expense Breakdown

Grants Paid $500

Salaries & Benefits $57,472

Fundraising Expenses $0

Other Expenses $134,269

TOTAL EXPENSES $192,241

Year-over-Year Comparison

	2022	2021	Change
Revenue	$151,115	$354,046	-0.6%
Expenses	$192,241	$8,105	+22.7%
Net Income	$-41,126	$345,941	-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

N/A

Employees

Volunteers

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

$35,862

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEMETRIA REED	EXEC DIRECTOR	40	Director	$18,323	$0	$33,873
OJINGA GREEN	CHAIRMAN	10	Director	$0	$0	$0
CHANTELL RICE	SECRETARY	10	Director	$0	$0	$0
TAKISHA MCCLAI	CFO	10	Director	$0	$0	$1,989
KATHERIN JONES	DIRECTOR	5	Director	$0	$0	$0
TERESA VASQUES	DIRECTOR	5	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
2022	$151,115	$192,241	$312,920	$-41,126
2021	$354,046	$8,105	$354,046	$345,941
2019	$109,593	$7,886	$630,700	$101,707
2018	$977,966	$116,398	$781,569	$861,568

HOME SWEET HOME COMMUNITY REDEVELOPMENT CO