PONO HOMES INC

EIN: 261782425 501(c)(3) Housing & Shelter

BALTIMORE, MD

Total Revenue
$55,921
Total Expenses
$102,633
Total Assets
$738,392
Net Assets
$-372,412
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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
2007
Legal Domicile
MD
Principal Officer
SENDY ROMMEL
Phone
4106536190
Tax Period
2022-07-01 to 2023-06-30

PONO HOMES INC, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $56K in total revenue in fiscal year 2022. Expenses of $103K exceeded revenue, resulting in a 84% operating deficit.

Mission

THE ENTITY RENOVATES AND MAINTAINS RESIDENTIAL RENTAL PROPERTIES DESIGNED FOR LOW INCOME ADULTS WITH DISABILITIES UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $55,440
Investment Income $481
Other Revenue $0
TOTAL REVENUE $55,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,555
Fundraising Expenses $0
Program Expenses $89,023
Other Expenses $85,078
TOTAL EXPENSES $102,633

Year-over-Year Comparison

2022 2021 Change
Revenue $55,921 $52,287 +0.1%
Expenses $102,633 $84,387 +0.2%
Net Income $-46,712 $-32,100 +0.5%
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

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Governance

Voting Members
4
Independent Members
3
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SENDY ROMMEL PRESIDENT 1.00
Officer Director
$0 $0 $0
MOLLY COFFAY SECRETARY 1.00
Officer Director
$0 $0 $0
KENNETH TABLER VP 1.00
Officer Director
$0 $0 $0
LAURIE BENETT DIRECTOR 1.00
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
2023 $55,921 $102,633 $738,392 $-46,712
2022 $52,287 $84,387 $749,755 $-32,100
2021 $52,757 $67,513 $735,733 $-14,756
2020 $51,608 $76,914 $755,106 $-25,306
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