MICAH HOUSING INC (EIN 223182444) - 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

1992

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

MICAH HOUSING INC, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $284K in total revenue in fiscal year 2023. Expenses of $372K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO PROVIDE SAFE, AFFORDABLE PERMANENT HOUSING TO FORMERLY HOMELESS INDIVIDUALS AND FAMILIES AND TO HELP THEM TO ACHIEVE INCREASED LEVELS OF SELF-RELIANCE AND STABILITY. COMPREHENSIVE SUPPORT SERVICES ARE PROVIDED TO RESIDENTS AS AN INTEGRAL COMPONENT OF THE 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 (2023)

Revenue Breakdown

Contributions & Grants $108,224

Program Service Revenue $156,906

Investment Income $18,531

Other Revenue $0

TOTAL REVENUE $283,661

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,334

Fundraising Expenses $0

Program Expenses $372,063

Other Expenses $253,729

TOTAL EXPENSES $372,063

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,661	$275,019	+0.0%
Expenses	$372,063	$351,980	+0.1%
Net Income	$-88,402	$-76,961	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN C SHEPPARD CPA	TREASURER	1.00	Officer Director	$0	$0	$0
DESCERA DAIGLE ESQ	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
DARRIN FODOR	CHAIR	1.00	Officer Director	$0	$0	$0
COLLEEN CONNOR	VICE CHAIR	1.00	Officer 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
2024	$283,661	$372,063	$2,894,893	$-88,402
2023	$275,019	$351,980	$2,692,283	$-76,961
2022	$255,138	$346,314	$2,842,046	$-91,176
2021	$238,186	$362,173	$2,932,055	$-123,987
2020	$240,317	$345,808	$2,949,991	$-105,491
2019	$236,062	$360,252	$2,992,048	$-124,190
2018	$236,454	$353,089	$3,014,425	$-116,635

MICAH HOUSING INC