IHOMES INC (EIN 271254184) - 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

2009

Legal Domicile

Principal Officer

CINDY PLAVIER-TRUITT

Phone

4103817171

Tax Period

2024-07-01 to 2025-06-30

IHOMES INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $751K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $272K, a strong 36% operating margin.

Mission

TO ACQUIRE, DEVELOP AND MANAGE REAL ESTATE WHICH WILL BE RENTED TO ADULTS WITH DEVELOPMENTAL DISABILITIES AND LIMITED INCOME.

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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 $670,286

Program Service Revenue $80,282

Investment Income $0

Other Revenue $600

TOTAL REVENUE $751,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,179

Fundraising Expenses $0

Program Expenses $460,387

Other Expenses $352,969

TOTAL EXPENSES $479,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$751,168	$1,452,741	-0.5%
Expenses	$479,148	$451,246	+0.1%
Net Income	$272,020	$1,001,495	-0.7%

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

$484,470

Total Directors

$484,470

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL FRASCO	PRESIDENT	1.00	Officer Director	$0	$8,569	$206,342
CINDY PLAVIER-TRUITT	DIRECTOR	1.00	Officer Director	$0	$9,006	$278,128
LORI SOMERVILLE	SECRETARY	1.00	Director	$0	$0	$0
STEVE SHUMAN	MEMBER	1.00	Director	$0	$0	$0
SALLY HEBNER	CHAIRMAN	1.00	Director	$0	$0	$0
GREG THOR	TREASURER	1.00	Director	$0	$0	$0
GUEILLA FEDADU	MEMBER	1.00	Director	$0	$0	$0
PATRICK LLOYD	DIRECTOR OF COMMUNITY DEVELOPMENT	40.00	Highest	$116,878	$811	$117,689

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	$751,168	$479,148	$4,513,600	$272,020
2024	$1,452,741	$451,246	$4,961,649	$1,001,495
2023	$107,579	$256,034	$4,415,203	$-148,455
2022	$346,277	$118,450	$2,705,151	$227,827
2021	$92,025	$113,082	$2,525,165	$-21,057
2020	$305,386	$111,011	$2,596,046	$194,375
2019	$428,301	$131,772	$1,856,765	$296,529
2018	$74,487	$80,542	$1,167,041	$-6,055

IHOMES INC