HOUSING OPPORTUNITIES CORPORATION (EIN 222487344) - 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

1979

Legal Domicile

Principal Officer

FRANK SHEA

Phone

4019412900

Tax Period

2024-07-01 to 2025-06-30

HOUSING OPPORTUNITIES CORPORATION, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $4.3M left a modest 4% surplus.

Mission

MANAGEMENT SERVICES PROVIDED TO BENEFIT LOW INCOME HOUSING.

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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 $69,857

Program Service Revenue $4,366,003

Investment Income $17,634

Other Revenue $0

TOTAL REVENUE $4,453,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,929,731

Fundraising Expenses $0

Program Expenses $4,128,682

Other Expenses $348,672

TOTAL EXPENSES $4,278,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,453,494	$3,702,827	+0.2%
Expenses	$4,278,403	$3,712,558	+0.2%
Net Income	$175,091	$-9,731	-19.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY KELLAM	TREASURER	1.00	Officer Director	$0	$0	$0
JULIA BUSH	CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE BROPHY	SECRETARY	1.00	Officer Director	$0	$0	$0
PETER LAU	DIRECTOR	0.50	Director	$0	$0	$0
MARGAUX MORISSEAU	DIRECTOR	0.50	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	$4,453,494	$4,278,403	$1,738,010	$175,091
2024	No data	No data	No data	No data
2023	$3,221,022	$3,408,256	$1,721,008	$-187,234
2022	$2,976,674	$3,288,635	$1,631,770	$-311,961
2021	$3,288,051	$3,139,368	$1,904,732	$148,683
2019	$2,706,444	$2,643,307	$1,701,307	$63,137
2018	$2,592,573	$2,417,894	$1,618,073	$174,679

HOUSING OPPORTUNITIES CORPORATION