REAL ESTATE EDUCATION AND COMMUNITY HOUSING INC (EIN 204203798) - 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

Patricia Tracey

Phone

5614911670

Tax Period

2024-01-01 to 2024-12-31

REAL ESTATE EDUCATION AND COMMUNITY HOUSING INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

A HUD approved foreclosure and housing counseling and Homefree USA Affiliate organization whose mission is to inspire and motivate the low to moderate income members to reach for an take the steps required to achieve home ownership, or stay off foreclosures actions through education and guidance.

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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 $45,750

Program Service Revenue $1,280,431

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,326,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $659,953

Fundraising Expenses $0

Program Expenses $1,222,420

Other Expenses $775,084

TOTAL EXPENSES $1,435,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,326,181	$1,523,753	-0.1%
Expenses	$1,435,037	$1,509,366	0.0%
Net Income	$-108,856	$14,387	-8.6%

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

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
Patricia Tracey	Pres	040.00	Officer Director Key Emp Highest	$0	$0	$0
Detra Smith	Key Employee	035.00	Director Key Emp	$0	$0	$0
Gary Bellfleur	Key Emp	040.00	Key Emp	$0	$0	$0
N/A	Key Emp	020.00	Key Emp	$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	$1,326,181	$1,435,037	$2,822,454	$-108,856
2023	$1,523,753	$1,509,366	$3,293,093	$14,387
2022	$1,698,915	$1,950,159	$2,788,627	$-251,244
2021	$1,438,929	$1,792,215	$2,680,215	$-353,286
2020	$1,065,594	$961,058	$3,913,344	$104,536
2019	$1,307,583	$1,292,205	$4,065,011	$15,378
2018	$1,245,405	$1,035,168	$3,250,601	$210,237

REAL ESTATE EDUCATION AND COMMUNITY HOUSING INC