NONPROFIT HOUSING PRESERVATION RA INC (EIN 311484299) - 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

1996

Legal Domicile

Principal Officer

JOHN CORBETT

Phone

5616556775

Tax Period

2023-01-01 to 2023-12-31

NONPROFIT HOUSING PRESERVATION RA INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $946K in total revenue in fiscal year 2023.

Mission

TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP AND OPERATION OF AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES.

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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 $0

Program Service Revenue $943,862

Investment Income $1,924

Other Revenue $0

TOTAL REVENUE $945,786

Expense Breakdown

Grants Paid $80,000

Salaries & Benefits $105,928

Fundraising Expenses $0

Program Expenses $897,681

Other Expenses $788,894

TOTAL EXPENSES $974,822

Year-over-Year Comparison

	2023	2022	Change
Revenue	$945,786	$922,774	+0.0%
Expenses	$974,822	$950,247	+0.0%
Net Income	$-29,036	$-27,473	+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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN M GREEN	DIRECTOR	0.10	Director	$0	$0	$0
JOHN CORBETT	PRESIDENT	0.10	Officer Director	$0	$0	$0
HUGH JACOBS	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
RICHARD F BURNS	DIRECTOR	0.10	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	$945,786	$974,822	$4,860,436	$-29,036
2022	$922,774	$950,247	$4,984,542	$-27,473
2021	$897,478	$879,054	$5,098,239	$18,424
2020	$847,863	$1,511,595	$5,162,509	$-663,732
2019	$786,957	$1,568,908	$5,898,982	$-781,951

NONPROFIT HOUSING PRESERVATION RA INC