FORD HOUSE INC

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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

1992

Legal Domicile

Principal Officer

DIANE NORDQUIST

Phone

6512911750

Tax Period

2025-01-01 to 2025-12-31

FORD HOUSE INC, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $162K in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $221K exceeded revenue, resulting in a 36% operating deficit.

Mission

FORD HOUSE WAS FORMED FOR THE PURPOSE OF DEVELOPING AND OPERATING AN 11 UNIT RESIDENTIAL APARTMENT COMPLEX.

Program Service Accomplishments

Program 1

Expenses: $220,757 Revenue: $160,341

PROVIDED 11 UNITS OF AFFORDABLE HOUSING TO RESIDENTS ELIGIBLE UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. THROUGH ITS MANAGEMENT AGENT COMMONBOND COMMUNITIES, MAINTAINED THE HOUSING FACILITY AND PROPERTY IN GOOD CONDITION, SECURED CONTINUING HOUSING ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $160,341

Investment Income $2,014

Other Revenue $0

TOTAL REVENUE $162,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $220,757

Other Expenses $220,757

TOTAL EXPENSES $220,757

Year-over-Year Comparison

	2025	2024	Change
Revenue	$162,355	$131,683	+0.2%
Expenses	$220,757	$149,217	+0.5%
Net Income	$-58,402	$-17,534	+2.3%

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

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

$564,021

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAYLE CARUSO	PRESIDENT (MAY-DEC)	1.00	Officer Director	$0	$0	$0
STEPHEN LIVINGSTON	DIRECTOR	1.00	Director	$0	$0	$0
VAL CRUTCHER	DIRECTOR (RESIGNED NOV)	1.00	Director	$0	$0	$0
JESSICA COOK	PRESIDENT (DEC); TREASURER (MAY-DEC)	1.00	Officer Director	$0	$0	$0
MELANIE TRIPLETT	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE BOYER	DIRECTOR	1.00	Director	$0	$0	$0
DIANE NORDQUIST	TREASURER (DECEMBER)	1.00	Officer Director	$0	$0	$0
DEIDRE SCHMIDT	CEO OF COMMONBOND	1.00	Officer	$0	$22,445	$320,777
JENNIFER ANDERSON	CFO OF COMMONBOND	1.00	Officer	$0	$18,164	$243,244

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	$162,355	$220,757	$396,749	$-58,402
2024	$131,683	$149,217	$370,005	$-17,534
2023	$118,279	$217,611	$376,831	$-99,332
2022	$111,327	$131,309	$418,800	$-19,982
2021	$101,679	$124,644	$464,913	$-22,965
2020	$108,758	$144,079	$442,667	$-35,321
2019	$107,145	$135,239	$459,309	$-28,094
2018	$97,564	$122,762	$486,821	$-25,198