WEST VIRGINIA HOUSING INSTITUTE INC (EIN 342024444) - 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

2004

Legal Domicile

Principal Officer

ANDREA GREENE

Phone

3043468985

Tax Period

2023-01-01 to 2023-12-31

WEST VIRGINIA HOUSING INSTITUTE INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $322K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $49K, a strong 15% operating margin.

Mission

TO FACILITATE DEVELOPMENT OF SAFE AND AFFORDABLE HOUSING TO LOW/MODERATE INCOME WEST VIRGINIANS.

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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 $0

Program Service Revenue $300,370

Investment Income $18,732

Other Revenue $2,584

TOTAL REVENUE $321,686

Expense Breakdown

Grants Paid $6,500

Salaries & Benefits $99,833

Fundraising Expenses $0

Program Expenses $240,015

Other Expenses $166,229

TOTAL EXPENSES $272,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$321,686	$366,372	-0.1%
Expenses	$272,562	$204,124	+0.3%
Net Income	$49,124	$162,248	-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

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

$92,319

Total Directors

$92,319

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA GREENE	EXECUTIVE DIRECTOR	40.00	Officer Director	$85,615	$6,704	$92,319
KEVIN WILFONG	MEMBER	1.00	Director	$0	$0	$0
TOM BELASCO II	MEMBER	1.00	Director	$0	$0	$0
JOHNNIE BROWN	MEMBER	1.00	Director	$0	$0	$0
TERRY HUGHES	TREASURER	1.00	Officer Director	$0	$0	$0
DREW CAMERON	MEMBER	1.00	Director	$0	$0	$0
YANA BILLET	MEMBER	1.00	Director	$0	$0	$0
SHANE MASTERS	MEMBER	1.00	Director	$0	$0	$0
TREY SATTERFIELD	MEMBER	1.00	Director	$0	$0	$0
NICK SOLOMON	MEMBER	1.00	Director	$0	$0	$0
MARK STOVER	MEMBER	1.00	Director	$0	$0	$0
GEORGE GUNNELL	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
DOMINICA YOHO	SECRETARY	1.00	Officer Director	$0	$0	$0
LACEY BURGESS	MEMBER	1.00	Director	$0	$0	$0
KRIS HERSHBERGER	CO-PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2023	$321,686	$272,562	$1,012,709	$49,124
2022	$366,372	$204,124	$963,585	$162,248
2021	$418,842	$216,413	$801,337	$202,429
2020	$305,491	$204,083	$598,908	$101,408
2019	$300,023	$256,875	$617,188	$43,148
2018	$289,005	$266,595	$582,897	$22,410

WEST VIRGINIA HOUSING INSTITUTE INC