PROSPECT HOUSING PROPERTIES INC (EIN 205869855) - 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

TIM RYERSON

Phone

6154440597

Tax Period

2023-07-01 to 2024-06-30

PROSPECT HOUSING PROPERTIES INC, founded in 2006, is a micro nonprofit in the Human Services sector that reported $69K in total revenue in fiscal year 2023. Expenses of $83K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE GROUP HOME LIVING FACILITIES TO PEOPLE WITH DEVELOPMENTAL DISABILITIES.

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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 $26,283

Program Service Revenue $42,014

Investment Income $567

Other Revenue $0

TOTAL REVENUE $68,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,900

Fundraising Expenses $0

Program Expenses $83,013

Other Expenses $78,113

TOTAL EXPENSES $83,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,864	$67,156	+0.0%
Expenses	$83,013	$71,022	+0.2%
Net Income	$-14,149	$-3,866	+2.7%

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

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	Role	Reportable Comp	Other Comp	Total
LEON WRIGHT	CHAIRMAN	Officer	$0	$0	$0
JOHN PFEIFFER	VICE-CHAIR	Officer	$0	$0	$0
DEANA FARRIS	SECRETARY	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
2025	No data	No data	No data	No data
2024	$68,864	$83,013	$770,112	$-14,149
2023	$67,156	$71,022	$787,132	$-3,866
2022	$60,907	$63,550	$780,812	$-2,643
2021	$54,126	$65,835	$783,496	$-11,709
2020	$49,879	$71,432	$795,817	$-21,553
2019	$49,235	$73,093	$818,549	$-23,858
2018	$46,516	$77,378	$840,099	$-30,862

PROSPECT HOUSING PROPERTIES INC