ECONOMIC HOUSING PARTNERSHIP INC

EIN: 461265916 501(c)(3)

MIAMI, FL

Total Revenue
$342,683
Total Expenses
$367,464
Total Assets
$6,463
Net Assets
$6,463
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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
2012
Legal Domicile
FL
Principal Officer
FRANK SPAZIANO
Tax Period
2020-01-01 to 2020-12-31

ECONOMIC HOUSING PARTNERSHIP INC, founded in 2012, is a small nonprofit that reported $343K in total revenue in fiscal year 2020. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

THIS COMPANY BUILDS AND SELLS AFFORDABLE HOUSING IN SELECT AREAS OF BROWARD AND MIAMI-DADE COUNTIESIN FLORIDA

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $342,683
Investment Income $0
Other Revenue $0
TOTAL REVENUE $342,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $367,464
Other Expenses $367,464
TOTAL EXPENSES $367,464

Year-over-Year Comparison

2020 2019 Change
Revenue $342,683 $430,162 -0.2%
Expenses $367,464 $414,250 -0.1%
Net Income $-24,781 $15,912 -2.6%
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

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Governance

Voting Members
3
Independent Members
1
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD C POLLOCK DIRECTOR 4.00
Director
$0 $0 $0
TAMEKIA DANIELS DIRECTOR 30.00
Officer Director
$0 $0 $0
FRANK SPAZIANO DIRECTOR 30.00
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
2020 $342,683 $367,464 $6,463 $-24,781
2019 $430,162 $414,250 $31,244 $15,912
2018 $393,455 $383,544 $15,332 $9,911
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