HOUSING OPPORTUNITIES CORPORATION OF POTTER COUNTY (EIN 251849451) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

JOHN WRIGHT

Phone

8142747031

Tax Period

2023-01-01 to 2023-12-31

HOUSING OPPORTUNITIES CORPORATION OF POTTER COUNTY, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $102K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $127K exceeded revenue, resulting in a 24% operating deficit.

Mission

ACQUISITION AND MANAGEMENT OF THE MOUNTAINVIEW HOUSING COMPLEX AND OTHER PROJECT DEVELOPMENT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $101,781

Investment Income $49

Other Revenue $48

TOTAL REVENUE $101,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,576

Fundraising Expenses $0

Program Expenses $100,943

Other Expenses $99,194

TOTAL EXPENSES $126,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,878	$111,583	-0.1%
Expenses	$126,770	$127,474	0.0%
Net Income	$-24,892	$-15,891	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$7,067

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLEN RUSSELL	ASSISTANT SECRETARY/TREASU	1.00	Officer Director	$0	$0	$0
DENNIS GOODENOUGH	TREASURER	1.00	Officer Director	$0	$0	$0
LOREN FITZGERALD	SECRETARY	1.00	Officer Director	$0	$0	$0
SHAWN WOLFINGER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEFF WILCOX	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOHN WRIGHT	EXECUTIVE DIRECTOR	1.00	Officer	$4,534	$0	$4,534
RICHARD DUZICK	DEPUTY EXECUTIVE DIRECT	1.00	Officer	$2,533	$0	$2,533

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	No data	No data	No data	No data
2023	$101,878	$126,770	$233,135	$-24,892
2022	$111,583	$127,474	$264,133	$-15,891
2021	$94,731	$147,375	$294,946	$-52,644
2020	$94,163	$139,846	$349,973	$-45,683
2019	$93,000	$132,783	$401,832	$-39,783
2018	$123,044	$131,492	$430,557	$-8,448

HOUSING OPPORTUNITIES CORPORATION OF POTTER COUNTY