Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Housing Opportunities for Musicians and Entertainers, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $360K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 30% operating margin.
To provide housing supports to aging musicians and entertainers in two ways: through sustaining support by paying monthly rent or utilities; and through need-based grants which can be in the form of one time payments.
Housing supports were provided to our targeted audience, through an application and approval process, providing assistance with housing expenses and utilities. The grants to clients are based on...
Housing supports were provided to our targeted audience, through an application and approval process, providing assistance with housing expenses and utilities. The grants to clients are based on need, as demonstrated in their applications. In 2024, we awarded over $221,660 in total assistance in the form of rent, mortgage, housing assistance and utility bills, paid directly to vendors on behalf of 38 unique clients.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $359,897 | $279,880 | +0.3% |
| Expenses | $252,995 | $201,400 | +0.3% |
| Net Income | $106,902 | $78,480 | +0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Hanna Cofer | President | 15 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Coplin | Vice President | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Denise Boudreaux | Secretary | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Jaye Stepp | Treasurer | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Deb Fleming | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Sarah Brown | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Carolyn Wonderland | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Catarina Mazuca | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Marsha Milam | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Shelley King | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Eve Monsees | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Marcia Ball | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Reenie Collins | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $359,897 | $252,995 | $682,393 | $106,902 |
| 2023 | $279,880 | $201,400 | $575,292 | $78,480 |
| 2022 | $297,596 | $177,022 | $433,983 | $120,574 |
| 2021 | $210,491 | $202,785 | $332,209 | $7,706 |
| 2020 | $290,614 | $142,528 | $331,736 | $148,086 |
Compare Housing Opportunities for Musicians and Entertainers with other nonprofits in Texas and across the country.