NHT COMMUNITIES (EIN 311662007) - 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

PRIYA JAYACHANDRAN

Phone

2023338931

Tax Period

2023-01-01 to 2023-12-31

NHT COMMUNITIES, founded in 1999, is a mid-sized nonprofit in the Housing & Shelter sector that reported $18.9M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $16.1M left a modest 15% surplus.

Mission

NHT COMMUNITIES MISSION IS TO PRESERVE, IMPROVE, AND DEVELOP AFFORDABLE MULTIFAMILY HOUSING.

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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 $838,589

Program Service Revenue $13,380,327

Investment Income $4,668,714

Other Revenue $0

TOTAL REVENUE $18,887,630

Expense Breakdown

Grants Paid $202,994

Salaries & Benefits $1,608,434

Fundraising Expenses $591,025

Program Expenses $13,064,606

Other Expenses $14,288,042

TOTAL EXPENSES $16,099,470

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,887,630	$26,933,579	-0.3%
Expenses	$16,099,470	$18,272,467	-0.1%
Net Income	$2,788,160	$8,661,112	-0.7%

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

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

$1,168,901

Total Directors

$374,525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRIYA JAYACHANDRAN	PRESIDENT	13.20	Officer Director	$352,336	$22,189	$374,525
CAROLINE HORTON	BOARD MEMBERR	1.00	Director	$0	$0	$0
ISMAEL GUERRERO	BOARD MEMBER	1.00	Director	$0	$0	$0
LUCY ARELLANO BAGLIERI	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY TINGERTHAL	BOARD MEMBER	1.00	Director	$0	$0	$0
YUSEF FREEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN WHITE	VICE PRESIDENT	20.00	Officer	$194,999	$34,966	$229,965
AMINA POOKRUM	SECRETARY	40.00	Officer	$75,965	$12,967	$88,932
NICOLE PROROCK	TREASURER (AS OF 11/2023)	10.00	Officer	$54,624	$4,571	$59,195
STEVEN SPEARS	TREASURER (UNTIL 11/2023)	10.00	Officer	$200,000	$0	$200,000
OLUSHOLA GIWA	TREASURER	40.00	Officer	$181,672	$34,612	$216,284

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	$18,887,630	$16,099,470	$226,588,059	$2,788,160
2022	$26,933,579	$18,272,467	$181,646,633	$8,661,112
2021	$20,911,703	$16,780,700	$154,306,300	$4,131,003
2020	$20,308,108	$20,039,842	$157,665,341	$268,266
2018	$17,575,391	$13,371,796	$101,121,096	$4,203,595

NHT COMMUNITIES