Metro Housing Partnership Inc (EIN 364804794) - 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

2014

Legal Domicile

Principal Officer

Thomas Hutchison

Phone

8107674622

Tax Period

2024-07-01 to 2025-06-30

Metro Housing Partnership Inc, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $325K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $410K exceeded revenue, resulting in a 26% operating deficit.

Mission

To serve as a leader and catalyst to expand and enhance quality housing and community development initiatives and partnership in Flint and Genesee County, leading to the creation of stable and vibrant neighborhoods and communities.

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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 $305,944

Investment Income $45

Other Revenue $19,168

TOTAL REVENUE $325,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,972

Fundraising Expenses $0

Program Expenses $350,181

Other Expenses $378,263

TOTAL EXPENSES $410,235

Year-over-Year Comparison

	2024	2023	Change
Revenue	$325,157	$188,571	+0.7%
Expenses	$410,235	$315,788	+0.3%
Net Income	$-85,078	$-127,217	-0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$315,714

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Betty Ramsdell	Chair	1.00	Officer Director	$0	$0	$0
Dan Fleckenstein	Treasurer	1.00	Officer Director	$0	$0	$0
Joseph Reynolds	Secretary	1.00	Officer Director	$0	$0	$0
Melissa Overton	Member	1.00	Director	$0	$0	$0
Brian Glowiak	CEO	1.00	Officer	$0	$0	$192,000
Corwin Foster	CFO	1.00	Officer	$0	$12,791	$123,714

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	$325,157	$410,235	$2,012,251	$-85,078
2024	$188,571	$315,788	$2,116,292	$-127,217
2023	$171,901	$272,679	$2,289,352	$-100,778
2022	$689,011	$91,976	$2,294,158	$597,035
2021	$15	$23,855	$326,481	$-23,840
2020	$251,545	$47,122	$343,305	$204,423
2019	$71,314	$32,275	$524,728	$39,039

Metro Housing Partnership Inc