HOUSING RESOURCES INC (EIN 391706658) - 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

1991

Legal Domicile

Principal Officer

TRENA BOND

Phone

4144616330

Tax Period

2024-01-01 to 2024-12-31

HOUSING RESOURCES INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 3% surplus.

Mission

TO PREPARE PEOPLE FOR SUCCESSFUL HOME OWNERSHIP.

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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 $3,646,901

Program Service Revenue $206,912

Investment Income $1,893

Other Revenue $-40,369

TOTAL REVENUE $3,815,337

Expense Breakdown

Grants Paid $1,125,803

Salaries & Benefits $1,962,446

Fundraising Expenses $66,809

Program Expenses $3,272,467

Other Expenses $603,840

TOTAL EXPENSES $3,692,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,815,337	$2,845,243	+0.3%
Expenses	$3,692,089	$3,076,852	+0.2%
Net Income	$123,248	$-231,609	-1.5%

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

$194,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIANA WILLIAMS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAWANDA CHAMBERS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDRA RUBIN	SECRETARY	1.00	Officer Director	$0	$0	$0
JOE BOVA	TREASURER	1.00	Officer Director	$0	$0	$0
AMY TURIM	DIRECTOR	1.00	Director	$0	$0	$0
SARAH GREENBERG	DIRECTOR	1.00	Director	$0	$0	$0
SAKURI FEARS	DIRECTOR	1.00	Director	$0	$0	$0
TRENA BOND	EXECUTIVE DIRECTOR	40.00	Officer	$170,338	$23,662	$194,000

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	$3,815,337	$3,692,089	$1,805,900	$123,248
2023	$2,845,243	$3,076,852	$1,827,751	$-231,609
2022	$3,408,226	$3,064,589	$2,005,893	$343,637
2021	$4,218,125	$3,773,230	$1,278,452	$444,895
2020	$2,495,338	$2,501,447	$846,544	$-6,109
2019	$1,673,776	$1,651,832	$708,598	$21,944
2018	$1,455,789	$1,622,218	$758,392	$-166,429

HOUSING RESOURCES INC