VANCE HOUSINGINC (EIN 311636794) - 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

1999

Legal Domicile

Principal Officer

BRIAN BUCHANAN

Phone

3042561772

Tax Period

2024-07-01 to 2025-06-30

VANCE HOUSINGINC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $171K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $193K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROVIDE HOUSING FOR INDIVIDUALS WHO ARE CHRONICALLY MENTALLY ILL.

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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 $124,595

Program Service Revenue $46,147

Investment Income $56

Other Revenue $0

TOTAL REVENUE $170,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,075

Fundraising Expenses $0

Program Expenses $143,865

Other Expenses $146,656

TOTAL EXPENSES $192,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,798	$156,647	+0.1%
Expenses	$192,731	$161,937	+0.2%
Net Income	$-21,933	$-5,290	+3.1%

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
BRIAN BUCHANAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
KENNETH CHITTUM	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT HAYES	DIRECTOR	N/A	Director	$0	$0	$0
EDDIENA SCHOOLFIELD	SECRETARY-TR	N/A	Officer Director	$0	$0	$0
DENITA WALKER	DIRECTOR	N/A	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
2025	$170,798	$192,731	$599,517	$-21,933
2024	No data	No data	No data	No data
2023	$162,278	$168,270	$614,954	$-5,992
2022	$114,093	$170,154	$629,884	$-56,061
2021	$127,452	$153,963	$679,248	$-26,511
2020	$116,004	$129,472	$700,600	$-13,468
2019	$89,539	$234,960	$711,300	$-145,421
2018	$80,384	$105,201	$875,463	$-24,817

VANCE HOUSINGINC