THE HOUSING FOUNDATION-PHASE I & II (EIN 237046663) - 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

DUSKA HAYMAN

Phone

2078664634

Tax Period

2024-10-01 to 2025-09-30

THE HOUSING FOUNDATION-PHASE I & II, founded in 1969, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.0M left a modest 11% surplus.

Mission

TO PROVIDE 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 $0

Program Service Revenue $2,224,004

Investment Income $2,818

Other Revenue $67,446

TOTAL REVENUE $2,294,268

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,850

Fundraising Expenses $0

Program Expenses $2,042,366

Other Expenses $1,864,516

TOTAL EXPENSES $2,042,366

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,294,268	$2,262,248	+0.0%
Expenses	$2,042,366	$1,886,089	+0.1%
Net Income	$251,902	$376,159	-0.3%

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

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

$37,675

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MCCORMACK	PRESIDENT	0.50	Officer Director	$0	$0	$0
ELIZABETH BICKNELL	VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
LYNNE SPOONER	TREASURER	0.50	Officer Director	$0	$0	$0
KERRY SACK	DIRECTOR	0.50	Director	$0	$0	$0
JUDY WALKER	DIRECTOR	0.50	Director	$0	$0	$0
DICK ROLLINS	DIRECTOR	0.50	Director	$0	$0	$0
DAN BURKE	DIRECTOR	0.50	Director	$0	$0	$0
PATTY KENNY	SECRETARY	0.50	Officer	$0	$0	$0
DUSKA HAYMAN	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$37,675

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	$2,294,268	$2,042,366	$6,215,952	$251,902
2024	$2,262,248	$1,886,089	$6,100,855	$376,159
2023	$2,144,243	$1,746,050	$5,555,190	$398,193
2022	$1,967,341	$1,883,912	$5,226,993	$83,429
2021	$1,935,913	$1,606,348	$5,127,392	$329,565
2020	$1,964,742	$1,507,914	$4,741,988	$456,828
2019	$1,901,943	$1,644,884	$4,421,469	$257,059
2018	$1,824,631	$1,528,172	$4,138,357	$296,459

THE HOUSING FOUNDATION-PHASE I & II