GONZALES INDEPENDENCE HOMES INC (EIN 452214227) - 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

1995

Legal Domicile

Principal Officer

JOHN REAKE

Phone

8303722600

Tax Period

2025-01-01 to 2025-12-31

GONZALES INDEPENDENCE HOMES INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $343K in total revenue in fiscal year 2025.

Mission

THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS, FOR THE PURPOSE OF DEVELOPING AND OPERATING AN APARTMENT COMPLEX OF 24 UNITS IN GONZALES, TEXAS. THE CORPORATION OPERATES UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 811 CAPITAL ADVANCE. THE PROJECT PROVIDES HOUSING FOR THE MENTALLY DISABLED.

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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 $342,287

Investment Income $1,101

Other Revenue $0

TOTAL REVENUE $343,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,538

Fundraising Expenses $0

Program Expenses $326,081

Other Expenses $272,090

TOTAL EXPENSES $359,628

Year-over-Year Comparison

	2025	2024	Change
Revenue	$343,388	$351,453	0.0%
Expenses	$359,628	$390,605	-0.1%
Net Income	$-16,240	$-39,152	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN REAKE	PRESIDENT	N/A	Officer	$0	$0	$0
CHARLES PATTERSON	VICE PRESIDE	N/A	Officer	$0	$0	$0
MAJORIE MAELER	SECRETARY	N/A	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
2025	$343,388	$359,628	$1,056,594	$-16,240
2024	$351,453	$390,605	$1,080,617	$-39,152
2023	$330,354	$340,117	$1,145,836	$-9,763
2022	$292,973	$317,347	$1,120,192	$-24,374
2021	$380,550	$303,144	$1,141,810	$77,406
2020	$297,892	$236,229	$1,076,619	$61,663
2019	$279,022	$273,193	$1,001,375	$5,829
2018	$260,570	$264,203	$993,970	$-3,633

GONZALES INDEPENDENCE HOMES INC