HOUSING OPPORTUNITIES INC (EIN 311572690) - 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

1997

Legal Domicile

Principal Officer

CALLIE MILLER

Phone

6207923299

Tax Period

2024-01-01 to 2024-12-31

HOUSING OPPORTUNITIES INC, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $2.3M left a modest 3% surplus.

Mission

HOUSING OPPORTUNITIES, INC (HOI) PROVIDES & MAINTAINS SAFE, AFFORDABLE, QUALITY HOUSING THAT SERVES THE CHANGING NEEDS OF COMMUNITIES ACROSS KANSAS. HOI WHOLLY OWNS AND MANAGES 9 PROPERTIES WITH 111 UNITS, HAS GP OWNERSHIP OR MANAGEMENT IN 12 PROPERTIES WITH 178 UNITS, AND HAS 1 PROPERTY WITH 24 UNITS IN CONSTRUCTION.

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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 $26,342

Program Service Revenue $1,747,119

Investment Income $58,891

Other Revenue $583,527

TOTAL REVENUE $2,415,879

Expense Breakdown

Grants Paid $0

Salaries & Benefits $419,482

Fundraising Expenses $0

Program Expenses $2,111,452

Other Expenses $1,919,067

TOTAL EXPENSES $2,338,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,415,879	$1,776,144	+0.4%
Expenses	$2,338,549	$1,403,673	+0.7%
Net Income	$77,330	$372,471	-0.8%

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

Total Directors

$85,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CALLIE MILLER	EXECUTIVE DIRECTOR	55.00	Director	$85,605	$0	$85,605
TRAVIS THOMPSON	PRESIDENT	0.50	Officer Director	$0	$0	$0
JONATHAN MITCHELL	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
STACY CLARK	SECRETARY (JANUARY - SEPTEMBER)	0.50	Officer Director	$0	$0	$0
SARAH PANNING	SECRETARY (OCTOBER - DECEMBER)	0.50	Officer Director	$0	$0	$0
MEL WAITE	BOARD MEMBER	0.50	Director	$0	$0	$0
LYNNE BUSH	BOARD MEMBER	0.50	Director	$0	$0	$0
HA SMITH	BOARD MEMBER	0.50	Director	$0	$0	$0
SUZAN HAYNES	BOARD MEMBER	0.50	Director	$0	$0	$0
IAN HUTCHESON	BOARD MEMBER	0.50	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	$2,415,879	$2,338,549	$5,956,931	$77,330
2023	$1,776,144	$1,403,673	$6,092,607	$372,471
2022	$1,055,518	$1,116,526	$6,219,192	$-61,008
2021	$1,074,796	$1,066,107	$5,061,269	$8,689
2020	$659,673	$884,186	$5,061,647	$-224,513
2019	$3,741,036	$3,676,271	$4,439,424	$64,765
2018	$1,181,534	$1,030,150	$4,359,482	$151,384

HOUSING OPPORTUNITIES INC