FRIENDS OF HOUSING CORPORATION (EIN 391915741) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

NACARCI FEASTER

Phone

4144633371

Tax Period

2019-01-01 to 2019-12-31

FRIENDS OF HOUSING CORPORATION, founded in 1998, is a small nonprofit that reported $975K in total revenue in fiscal year 2019. Revenue decreased 11% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

Friends of Housing Corporation develops high quality housing and provides innovation housing management that generates economic opportunity

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $974,684

Investment Income $350

Other Revenue $0

TOTAL REVENUE $975,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $455,711

Fundraising Expenses $0

Program Expenses $486,813

Other Expenses $629,733

TOTAL EXPENSES $1,085,444

Year-over-Year Comparison

	2019	2018	Change
Revenue	$975,034	$1,100,487	-0.1%
Expenses	$1,085,444	$1,056,955	+0.0%
Net Income	$-110,410	$43,532	-3.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$34,327

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
L'TANYA MCNEAL	Executive Dir.	40.00	Officer	$34,327	$0	$34,327
MARGARET HENNINGSEN	Treasurer	1.00	Officer Director	$0	$0	$0
NACARCI FEASTER	President	1.00	Officer Director	$0	$0	$0
CHRISTOPHER GOLLER	Vice President	1.00	Officer Director	$0	$0	$0
ANGELA MCKENZIE	Secretary	1.00	Officer 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
2019	$975,034	$1,085,444	$2,932,892	$-110,410
2018	$1,100,487	$1,056,955	$2,261,406	$43,532

FRIENDS OF HOUSING CORPORATION