HNHF Realty Collaborative co Luke Brown (EIN 202773085) - 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

2006

Legal Domicile

Principal Officer

Mike Premo

Phone

6143550709

Tax Period

2024-01-01 to 2024-12-31

HNHF Realty Collaborative co Luke Brown, founded in 2006, is a mid-sized nonprofit in the Housing & Shelter sector that reported $19.5M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $7.1M, a strong 36% operating margin.

Mission

Providing and preserving high-quality affordable housing through the provision of home ownership, home rentals, and home repair services in two Columbus communities, the South Side and Linden.

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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 $17,485,002

Program Service Revenue $2,050,729

Investment Income $0

Other Revenue $3,338

TOTAL REVENUE $19,539,069

Expense Breakdown

Grants Paid $50,072

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,291,834

Other Expenses $12,425,743

TOTAL EXPENSES $12,475,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,539,069	$16,649,899	+0.2%
Expenses	$12,475,815	$10,498,161	+0.2%
Net Income	$7,063,254	$6,151,738	+0.1%

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

N/A

Volunteers

120

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

$117,302

Total Directors

$117,302

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Premo	President	18.00	Officer Director	$0	$0	$117,302
Patricia McClimon	Chair	18.00	Officer Director	$0	$0	$0
Ian King	Member	2.00	Director	$0	$0	$0
Samantha Lowe	Member	6.00	Director	$0	$0	$0
Joel Teaford	Member	8.00	Director	$0	$0	$0
Amy Rosenthal	Member	6.00	Director	$0	$0	$0
Nicolas Jones	Member	7.00	Director	$0	$0	$0
Angela Mingo	Secretary	7.00	Officer	$0	$0	$0
Luke Brown	Treasurer	18.00	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	$19,539,069	$12,475,815	$55,385,082	$7,063,254
2023	$16,649,899	$10,498,161	$43,910,991	$6,151,738
2022	$6,531,834	$4,221,389	$26,732,214	$2,310,445
2021	$6,664,003	$2,239,555	$16,269,081	$4,424,448
2020	$3,963,617	$3,742,281	$6,863,461	$221,336
2019	$3,023,531	$2,442,006	$6,692,396	$581,525
2018	$3,193,262	$2,527,724	$4,611,380	$665,538

HNHF Realty Collaborative co Luke Brown