HOUSING OPPORTUNITIES MEAN EMPOWERMENT TWO INC (EIN 311516261) - 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

1955

Legal Domicile

Principal Officer

DONALD DEW

Phone

7738541819

Tax Period

2019-01-01 to 2019-12-31

HOUSING OPPORTUNITIES MEAN EMPOWERMENT TWO INC, founded in 1955, is a small nonprofit that reported $776K in total revenue in fiscal year 2019. Expenses of $952K exceeded revenue, resulting in a 23% operating deficit.

Mission

AFFORDABLE HOUSING FOR THE ELDERLY

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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 (2019)

Revenue Breakdown

Contributions & Grants $539,100

Program Service Revenue $233,152

Investment Income $295

Other Revenue $2,958

TOTAL REVENUE $775,505

Expense Breakdown

Grants Paid $0

Salaries & Benefits $282,687

Fundraising Expenses $0

Program Expenses $869,349

Other Expenses $668,967

TOTAL EXPENSES $951,654

Year-over-Year Comparison

	2019	2018	Change
Revenue	$775,505	$769,354	+0.0%
Expenses	$951,654	$892,073	+0.1%
Net Income	$-176,149	$-122,719	+0.4%

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

$308,518

Total Directors

$433,708

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MORRIS ALLEN JR	DIRECTOR	1.00	Director	$0	$0	$0
DONALD J DEW	PRESIDENT	10.00	Officer Director	$0	$0	$177,144
KAREN D BARBEE-DIXON	DIRECTOR	1.00	Director	$0	$0	$125,190
JOYCE K WADE	TREASURER - DIRECTOR	10.00	Officer Director	$0	$0	$131,374
KEN SOUTHWARD	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY A WHITE	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
2019	$775,505	$951,654	$3,991,928	$-176,149
2018	$769,354	$892,073	$4,297,912	$-122,719

HOUSING OPPORTUNITIES MEAN EMPOWERMENT TWO INC