HORIZON RESIDENTIAL ALTERNATIVES II INC (EIN 364101326) - 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

1983

Legal Domicile

Principal Officer

MICHELLE RICH

Phone

8152234488

Tax Period

2024-07-01 to 2025-06-30

HORIZON RESIDENTIAL ALTERNATIVES II INC, founded in 1983, is a small nonprofit in the Human Services sector that reported $171K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $211K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING TO THE DEVELOPMENTALLY DISABLED.

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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 $81,880

Program Service Revenue $88,623

Investment Income $680

Other Revenue $0

TOTAL REVENUE $171,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $187,213

Other Expenses $211,274

TOTAL EXPENSES $211,274

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,183	$156,942	+0.1%
Expenses	$211,274	$179,025	+0.2%
Net Income	$-40,091	$-22,083	+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	Role	Reportable Comp	Other Comp	Total
COTE KLINEFELTER	President	Officer Director	$0	$0	$0
AMY WILLIAMS	Vice President	Officer Director	$0	$0	$0
BONNIE STEINBERG	TREASURER/SEC	Officer Director	$0	$0	$0
AMY BAKER	Director	Director	$0	$0	$0
KATHY MUELLER	Director	Director	$0	$0	$0
PEG HELM	Director	Director	$0	$0	$0
MICHELLE CARBONI	Director	Director	$0	$0	$0
CHRISTINA RIPPEL-WEBER	Director	Director	$0	$0	$0
KURTIS CARLS	Director	Director	$0	$0	$0
KATIE HARTAUER	Director	Director	$0	$0	$0
MICHELLE RICH	CEO	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
2025	$171,183	$211,274	$745,979	$-40,091
2024	$156,942	$179,025	$754,267	$-22,083
2023	$161,382	$177,280	$794,510	$-15,898
2022	$148,587	$186,738	$785,887	$-38,151
2021	$154,142	$162,632	$818,308	$-8,490
2020	$160,926	$160,026	$821,288	$900
2019	$139,721	$191,098	$831,299	$-51,377

HORIZON RESIDENTIAL ALTERNATIVES II INC