THE HOME OWNERSHIP CENTER OF GREATER CINCINNATI INC (EIN 310831240) - 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

1972

Legal Domicile

Phone

5139612800

Tax Period

2023-01-01 to 2023-12-31

THE HOME OWNERSHIP CENTER OF GREATER CINCINNATI INC, founded in 1972, is a small nonprofit in the Housing & Shelter sector that reported $922K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $286K, a strong 31% operating margin.

Mission

THE HOME OWNERSHIP CENTER IS A NON-PROFIT ORGANIZATION THAT HAS BEEN SERVING THE CINCINNATI METRO AREA SINCE 1973, AND IS A MEMBER OF THE NEIGHBOR WORKS NETWORK.

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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 (2023)

Revenue Breakdown

Contributions & Grants $828,863

Program Service Revenue $24,740

Investment Income $68,046

Other Revenue $0

TOTAL REVENUE $921,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $409,487

Fundraising Expenses $42,018

Program Expenses $453,118

Other Expenses $225,664

TOTAL EXPENSES $635,151

Year-over-Year Comparison

	2023	2022	Change
Revenue	$921,649	$653,095	+0.4%
Expenses	$635,151	$674,756	-0.1%
Net Income	$286,498	$-21,661	-14.2%

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

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

$139,106

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIRPERSON	1.0	Officer Director	$0	$0	$0
N/A	Secretary	1.0	Officer Director	$0	$0	$0
N/A	VICE CHAIRPERSON	1.0	Officer Director	$0	$0	$0
N/A	TREASURER	1.0	Officer Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	Board Member	1.0	Director	$0	$0	$0
N/A	BOARD MEMBER	1.0	Director	$0	$0	$0
N/A	PRESIDENT/CEO	40.0	Officer	$134,436	$4,670	$139,106

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	$921,649	$635,151	$2,307,754	$286,498
2022	$653,095	$674,756	$2,143,818	$-21,661
2021	$867,054	$816,906	$2,324,488	$50,148
2020	$721,165	$814,302	$3,023,015	$-93,137
2019	$557,848	$741,622	$8,237,345	$-183,774
2018	$845,814	$777,640	$12,265,050	$68,174

THE HOME OWNERSHIP CENTER OF GREATER CINCINNATI INC