HOUSING OPERATIONS MANAGEMENT ENTERPRISES INC (EIN 222873559) - 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

1987

Legal Domicile

Principal Officer

Brett Hill

Phone

2035624663

Tax Period

2024-04-01 to 2025-03-31

HOUSING OPERATIONS MANAGEMENT ENTERPRISES INC, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 43% operating deficit.

Mission

development and management of affordable housing for homeless, disabled, and other disadvantaged populations; chief activities are housing management, housing development, and counseling low-income residents on broadening their housing choices.

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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 $709,289

Program Service Revenue $606,175

Investment Income $102,405

Other Revenue $36,409

TOTAL REVENUE $1,454,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $660,527

Fundraising Expenses $0

Program Expenses $2,019,342

Other Expenses $1,415,345

TOTAL EXPENSES $2,075,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,454,278	$1,634,445	-0.1%
Expenses	$2,075,872	$1,845,940	+0.1%
Net Income	$-621,594	$-211,495	+1.9%

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

$118,946

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brett Hill	President	40	Officer Highest	$106,661	$12,285	$118,946
Shellina Toure	Chair	1	Officer Director	$0	$0	$0
Francesca Martin	Secretary and Acting Treasurer	2	Officer Director	$0	$0	$0
Reuben Taylor	Director	0	Director	$0	$0	$0
Cynthia Texeira	Director	1	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	$1,454,278	$2,075,872	$9,791,827	$-621,594
2024	$1,634,445	$1,845,940	$10,578,721	$-211,495
2023	$1,365,688	$1,364,318	$7,278,711	$1,370
2022	$1,749,422	$1,492,947	$7,329,269	$256,475
2021	$1,553,826	$1,470,975	$7,020,278	$82,851

HOUSING OPERATIONS MANAGEMENT ENTERPRISES INC