HOUSING VENTURES INC (EIN 311672352) - 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

THOMAS WILLIAMSON

Phone

6144519000

Tax Period

2024-01-01 to 2024-12-31

HOUSING VENTURES INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 14% surplus.

Mission

PROVIDE AND MAINTAIN HOUSING FOR LOW-INCOME INDIVIDUALS AND 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,344,092

Investment Income $9

Other Revenue $0

TOTAL REVENUE $1,344,101

Expense Breakdown

Grants Paid $501,440

Salaries & Benefits $172,918

Fundraising Expenses $0

Program Expenses $1,143,065

Other Expenses $484,552

TOTAL EXPENSES $1,158,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,344,101	$1,315,791	+0.0%
Expenses	$1,158,910	$1,705,066	-0.3%
Net Income	$185,191	$-389,275	-1.5%

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

$2,230,081

Total Directors

$2,230,081

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HILLMAN	PRESIDENT	1.00	Officer Director	$0	$110,879	$905,806
THOMAS WILLIAMSON	CHIEF FINANCIAL OFFICER	1.00	Officer Director	$0	$105,616	$708,446
SCOTT SCHARLACH	CHIEF OPERATING OFFICER	1.00	Officer Director	$0	$101,814	$615,829

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	$1,344,101	$1,158,910	$1,326,971	$185,191
2023	$1,315,791	$1,705,066	$1,150,329	$-389,275
2022	$1,206,144	$2,000,405	$1,530,334	$-794,261
2021	$1,542,749	$757,556	$2,312,004	$785,193
2020	$1,147,688	$1,769,089	$1,661,515	$-621,401
2019	$1,069,052	$765,854	$2,386,949	$303,198
2018	$1,066,139	$3,312,198	$2,169,093	$-2,246,059

HOUSING VENTURES INC