HOLY CREEK NONPROFIT HOUSING CORP

EIN: 383582984 501(c)(3) Housing & Shelter

YPSILANTI, MI

Total Revenue
$337,036
Total Expenses
$453,377
Total Assets
$4,073,633
Net Assets
$-1,606,262
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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
2001
Legal Domicile
MI
Principal Officer
MELVIN LEWIS
Phone
2489485098
Tax Period
2020-01-01 to 2020-12-31

HOLY CREEK NONPROFIT HOUSING CORP, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $337K in total revenue in fiscal year 2020. Expenses of $453K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR SENIOR CITIZENS

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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 (2020)

Revenue Breakdown

Contributions & Grants $136,341
Program Service Revenue $164,557
Investment Income $55
Other Revenue $36,083
TOTAL REVENUE $337,036

Expense Breakdown

Grants Paid $0
Salaries & Benefits $92,922
Fundraising Expenses $0
Other Expenses $360,455
TOTAL EXPENSES $453,377

Year-over-Year Comparison

2020 2019 Change
Revenue $337,036 $322,877 +0.0%
Expenses $453,377 $440,409 +0.0%
Net Income $-116,341 $-117,532 0.0%
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
5
Independent Members
5
Employees
3
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELVIN LEWIS PRESIDENT 1
Officer
$0 $0 $0
JENA REED SECRETARY 1
Officer
$0 $0 $0
JOHATHAIN WYNNE TREASURER 1
Officer
$0 $0 $0
CURTIS REED BOARD MEMBER 1
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
2020 $337,036 $453,377 $4,073,633 $-116,341
2019 $322,877 $440,409 $4,189,260 $-117,532
2018 $315,213 $488,378 $4,274,739 $-173,165
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