HOPE FAIR HOUSING CENTER INC (EIN 237036081) - 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

1969

Legal Domicile

Principal Officer

MICHAEL CHAVARRIA

Phone

6306906500

Tax Period

2024-01-01 to 2024-12-31

HOPE FAIR HOUSING CENTER INC, founded in 1969, is a small nonprofit in the Housing & Shelter sector that reported $960K in total revenue in fiscal year 2024. Net assets of $2.7M represent 33 months of operating reserves.

Mission

PROVIDES HOUSING DISCRIMINATION TESTING FOR INDIVIDUALS, CORPORATIONS AND LOCAL GOVERNMENTS, OR ON BEHALF OF THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN 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 $833,533

Program Service Revenue $23,430

Investment Income $83,119

Other Revenue $19,805

TOTAL REVENUE $959,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $723,265

Fundraising Expenses $0

Program Expenses $846,938

Other Expenses $315,098

TOTAL EXPENSES $1,038,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$959,887	$961,487	0.0%
Expenses	$1,038,363	$927,368	+0.1%
Net Income	$-78,476	$34,119	-3.3%

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

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

$97,846

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FLORENTINA RENDON	PRESIDENT - RESIGNED 12/11/24	1.00	Officer Director	$0	$0	$0
MARIA PADILLA	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL CHILDRESS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA JURACEK	DIRECTOR	1.00	Director	$0	$0	$0
JOERIKA STITT	DIRECTOR - BEGIN 5/21/24	1.00	Director	$0	$0	$0
LILY WALTON	DIRECTOR - BEGIN 7/31/24	1.00	Director	$0	$0	$0
BETSY CARLSON	DIRECTOR - BEGIN 10/20/24	1.00	Director	$0	$0	$0
MICHAEL CHAVARRIA	EXECUTIVE DIRECTOR	40.00	Officer	$89,154	$8,692	$97,846

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	$959,887	$1,038,363	$2,917,470	$-78,476
2023	$961,487	$927,368	$3,024,955	$34,119
2022	$2,294,503	$860,924	$3,024,024	$1,433,579
2021	$602,060	$588,175	$1,578,655	$13,885
2020	$793,358	$743,509	$1,642,512	$49,849
2019	$1,326,138	$597,891	$1,525,906	$728,247
2018	$434,489	$721,766	$829,845	$-287,277

HOPE FAIR HOUSING CENTER INC