INDIAN CENTER HOUSING CORPORATION D/B/A THE INDIAN CENTER (EIN 363523983) - 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

1987

Legal Domicile

Principal Officer

DEVERON BAXTER

Phone

4024385231

Tax Period

2023-07-01 to 2024-06-30

INDIAN CENTER HOUSING CORPORATION D/B/A THE INDIAN CENTER, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $526K in total revenue in fiscal year 2023. Expenses of $452K left a modest 14% surplus.

Mission

THE PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO PROVIDE LOW-COST CLEAN HOUSING FOR LOW-INCOME RESIDENTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND UNDER REGULATION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. TWENTY SEVEN RENTAL UNITS ARE OPERATED WITH A CONTINUALLY CHANGING NUMBER OF TENANTS.

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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 $288,664

Program Service Revenue $229,928

Investment Income $5,032

Other Revenue $2,685

TOTAL REVENUE $526,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,487

Fundraising Expenses $0

Program Expenses $319,162

Other Expenses $387,892

TOTAL EXPENSES $452,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$526,309	$500,786	+0.1%
Expenses	$452,379	$459,622	0.0%
Net Income	$73,930	$41,164	+0.8%

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
WATHINA PORTER	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE MEALER	DIRECTOR	1.00	Director	$0	$0	$0
MARSHALL PRICHARD	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDREA TAMAYO	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PEREGRINE	PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY WIEXELMANN	TREASURER	1.00	Officer Director	$0	$0	$0
RENEE BAIER	SECRETARY	1.00	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	No data	No data	No data	No data
2024	$526,309	$452,379	$910,787	$73,930
2023	$500,786	$459,622	$857,051	$41,164
2022	$486,745	$472,681	$821,821	$14,064
2021	$482,497	$491,780	$784,352	$-9,283
2020	$541,638	$427,722	$819,918	$113,916
2019	$459,696	$456,282	$808,049	$3,414
2018	$453,198	$441,374	$795,786	$11,824

INDIAN CENTER HOUSING CORPORATION D/B/A THE INDIAN CENTER