DB HOUSING INC (EIN 223042334) - 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

KIMBERLY LYLE

Phone

6178254200

Tax Period

2024-01-01 to 2024-12-31

DB HOUSING INC, founded in 1979, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

LOW-INCOME HOUSING DEVELOPMENT

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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 $539,891

Program Service Revenue $510,684

Investment Income $1,195

Other Revenue $372

TOTAL REVENUE $1,052,142

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $837,323

Other Expenses $1,195,002

TOTAL EXPENSES $1,195,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,052,142	$832,659	+0.3%
Expenses	$1,195,002	$884,080	+0.4%
Net Income	$-142,860	$-51,421	+1.8%

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

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

$433,178

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL BLACK	PRESIDENT (UNTIL 4/24)	0.63	Officer Director	$0	$0	$0
LEIGHTON RICHARDSON	VICE PRES. (UNTIL 4/24)/ PRESIDENT	0.63	Officer Director	$0	$0	$0
NAJAH WALLACE	VICE PRES. (AS OF 4/24)	0.63	Officer Director	$0	$0	$0
BRIAN WELCH	TREASURER	0.63	Officer Director	$0	$0	$0
LORRAINE PAYNE WHEELER	CLERK	0.63	Officer Director	$0	$0	$0
PHIL HILLMAN	BOARD MEMBER	0.63	Director	$0	$0	$0
MARY WALKER	BOARD MEMBER	0.63	Director	$0	$0	$0
EILEEN KENNER	BOARD MEMBER	0.63	Director	$0	$0	$0
ROSALYN JOHNSON	BOARD MEMBER	0.63	Director	$0	$0	$0
AN DUONG	BOARD MEMBER	0.63	Director	$0	$0	$0
RICKY OCHILO	BOARD MEMBER	0.63	Director	$0	$0	$0
KRISTEN HALBERT	BOARD MEMBER	0.63	Director	$0	$0	$0
ANGELA YARDE	BOARD MEMBER	0.63	Director	$0	$0	$0
DAMARIS AMACHREE	BOARD MEMBER	0.63	Director	$0	$0	$0
DERRICK BELLINGER	BOARD MEMBER (UNTIL 4/24)	0.63	Director	$0	$0	$0
KIMBERLY LYLE	CHIEF EXECUTIVE OFFICER	9.35	Officer	$0	$43,962	$284,712
SHARAT ANANT SOMASHEKARA	DIRECTOR OF FINANCE	9.35	Officer	$0	$26,049	$148,466
SUSAN CHU	DIRECTOR OF REAL ESTATE DEVELOPMENT	9.35	Highest	$0	$37,496	$218,499
SAMARIAH BATTS-SPELLER	DIRECTOR OF PEOPLE & CULTURE	9.35	Highest	$0	$28,097	$194,138
WILLIAM RIORDAN	ACCOUNTING MANAGER	9.35	Highest	$0	$53,122	$186,822
SHERMAINE THOMPSON	ASSOCIATE DIRECTOR OF ACCOUNTING	9.35	Highest	$0	$32,610	$179,199
BRENDA GUERRA SEGURA	CREDIT OFFICER / PORTFOLIO MANAGER	9.35	Highest	$0	$34,672	$170,632

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	$1,052,142	$1,195,002	$2,950,242	$-142,860
2023	$832,659	$884,080	$1,743,709	$-51,421
2022	$1,250,030	$1,100,664	$1,647,060	$149,366
2021	$4,180,799	$4,398,523	$1,680,138	$-217,724
2020	$928,852	$1,052,205	$1,944,755	$-123,353
2019	$1,122,772	$1,291,942	$2,231,630	$-169,170
2018	$981,781	$1,489,392	$2,264,466	$-507,611

DB HOUSING INC