KENT COOPERATIVE HOUSING

EIN: 341433849

Kent, OH

Total Revenue
$43,105
Total Expenses
$36,245
Total Assets
$218,523
Net Assets
$218,523
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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
1982
Legal Domicile
OH
Principal Officer
Frederic Pierre
Phone
3305415405
Tax Period
2024-01-01 to 2024-12-31

KENT COOPERATIVE HOUSING, founded in 1982, is a micro nonprofit that reported $43K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 16% operating margin.

Mission

To provide low-cost housing for students, to teach cooperative democracy, to educate the community about urban gardening and to demonstrate energy efficiency and solar power.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $43,105
Investment Income $0
Other Revenue $0
TOTAL REVENUE $43,105

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,603
Fundraising Expenses $0
Program Expenses $0
Other Expenses $26,642
TOTAL EXPENSES $36,245

Year-over-Year Comparison

2024 2023 Change
Revenue $43,105 $30,797 +0.4%
Expenses $36,245 $30,376 +0.2%
Net Income $6,860 $421 +15.3%
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

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Governance

Voting Members
9
Independent Members
8
Employees
1
Volunteers
3

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
3
$6,461
Total Directors
0
$0
Key Employees
1
$6,461
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Fred Pierre Treasurer 9
Officer Key Emp Highest
$6,461 $0 $6,461
John Williams President 2
Officer
$0 $0 $0
Cynthia Krizo Secretary 2
Officer
$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 $43,105 $36,245 $218,523 $6,860
2023 $30,797 $30,376 $211,663 $421
2022 $27,872 $39,916 $211,663 $-12,044
2021 $39,463 $56,470 $223,599 $-17,007
2020 $-63,223 $71,964 $240,696 $-135,187
2019 $42,433 $43,003 $376,162 $-570
2018 $53,843 $48,612 $376,408 $5,231
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