NEIGHBORHOOD HOUSING SERVICES OF MINNEAPOLIS INC (EIN 411386993) - 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

1980

Legal Domicile

Principal Officer

ANDREA REESE

Phone

6125947150

Tax Period

2023-01-01 to 2023-12-31

NEIGHBORHOOD HOUSING SERVICES OF MINNEAPOLIS INC, founded in 1980, is a micro nonprofit in the Housing & Shelter sector that reported $84K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $212K exceeded revenue, resulting in a 153% operating deficit.

Mission

TO PROMOTE NEIGHBORHOOD STABLAIZATION THROUGH SUSTAINABLE 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 (2023)

Revenue Breakdown

Contributions & Grants $140

Program Service Revenue $37,190

Investment Income $46,464

Other Revenue $0

TOTAL REVENUE $83,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $211,725

Other Expenses $211,725

TOTAL EXPENSES $211,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,794	$225,376	-0.6%
Expenses	$211,725	$335,656	-0.4%
Net Income	$-127,931	$-110,280	+0.2%

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

$386,615

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICIA SMITH	CHAIR	2.00	Officer Director	$0	$0	$0
LAO LU HANG	TREASURER	2.00	Officer Director	$0	$0	$0
LIBBY F MURPHY	SECRETARY	2.00	Officer Director	$0	$0	$0
SHEILA BLAND	MEMBER	2.00	Director	$0	$0	$0
J RALPH PACE	MEMBER	1.00	Director	$0	$0	$0
CHRISTINA A JENNINGS	MEMBER	1.00	Director	$0	$0	$0
MATTHEW C SARGENT	MEMBER	1.00	Director	$0	$0	$0
PEGGY MOORE	MEMBER	1.00	Director	$0	$0	$0
TAYLOR SMIRKAROVA	MEMBER	1.00	Director	$0	$0	$0
MINKARA TEZET	MEMBER	1.00	Director	$0	$0	$0
NATALY SANCHEZ	MEMBER	1.00	Director	$0	$0	$0
BONITA TURNIPSEED	MEMBER	1.00	Director	$0	$0	$0
CATRICE WILLIAMS	MEMBER	1.00	Director	$0	$0	$0
JEFF WASHBURN	FORMER EXECUTIVE DIRECTOR	3.00	Officer	$0	$8,834	$95,942
STACI HORWITZ	OPERATIONS DIRECTOR	3.50	Officer	$0	$17,159	$116,131
MOLLIE MOSMAN	FINANCE DIRECTOR	3.50	Officer	$0	$13,181	$110,287
ANDREA REESE	EXECUTIVE DIRECTOR	3.00	Officer	$0	$9,333	$64,255

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
2023	$83,794	$211,725	$2,705,728	$-127,931
2022	$225,376	$335,656	$3,062,961	$-110,280
2021	$167,945	$400,564	$3,162,000	$-232,619
2020	$88,609	$144,214	$3,730,758	$-55,605
2019	$119,860	$350,235	$3,656,770	$-230,375
2018	$386,473	$859,424	$4,409,072	$-472,951

NEIGHBORHOOD HOUSING SERVICES OF MINNEAPOLIS INC