HOUSING NOW INC

EIN: 271385143 501(c)(3) Housing & Shelter

KLAMATH FALLS, OR

Total Revenue
$410,250
Total Expenses
$233,007
Total Assets
$1,676,184
Net Assets
$1,601,312
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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
2021
Legal Domicile
OR
Principal Officer
ANN MALFAVON
Phone
5418840649
Tax Period
2023-01-01 to 2023-12-31

HOUSING NOW INC, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $410K in total revenue in fiscal year 2023. The organization ran a surplus of $177K, a strong 43% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING TO THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $492,548
Program Service Revenue $0
Investment Income $0
Other Revenue $-82,298
TOTAL REVENUE $410,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,826
Fundraising Expenses $0
Program Expenses $195,413
Other Expenses $142,181
TOTAL EXPENSES $233,007

Year-over-Year Comparison

2023 2022 Change
Revenue $410,250 $420,695 0.0%
Expenses $233,007 $225,391 +0.0%
Net Income $177,243 $195,304 -0.1%
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
7
Independent Members
7
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK SONERHOLM DIRECTOR 1.00
Director
$0 $0 $0
AMY BOIVIN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
STEPHANIE HIRCHE VICE CHAIR 1.00
Officer Director
$0 $0 $0
DEBRA GISRIEL DIRECTOR 1.00
Director
$0 $0 $0
GREG CHANDLER 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
2024 No data No data No data No data
2023 $410,250 $233,007 $1,676,184 $177,243
2022 $420,695 $225,391 $1,493,206 $195,304
2021 $252,889 $160,884 $1,307,443 $92,005
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