NB HOUSING PARTNERS (EIN 461955404) - 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

2013

Principal Officer

JOE VARGAS

Phone

8306069500

Tax Period

2024-01-01 to 2024-12-31

NB HOUSING PARTNERS, founded in 2013, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $569K, a strong 32% operating margin.

Mission

NB HOUSING PARTNERS SUPPORTS AFFORDABLE, ACCESSIBLE HOUSING OPPORTUNITIES FOR RESIDENTS OF NEW BRAUNFELS EXPERIENCING HOUSING INSTABILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,781,659

Program Service Revenue $0

Investment Income $1,431

Other Revenue $1,412

TOTAL REVENUE $1,784,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $856,541

Fundraising Expenses $0

Program Expenses $1,060,369

Other Expenses $359,324

TOTAL EXPENSES $1,215,865

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,784,502	$2,535,429	-0.3%
Expenses	$1,215,865	$1,425,579	-0.1%
Net Income	$568,637	$1,109,850	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOY COLE	BOARD MEMBER	2.00	Director	$0	$0	$0
D LEE EDWARDS	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREA FEINGOLD	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
LEWIS JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
LESLIE LAMMERS	BOARD MEMBER	2.00	Director	$0	$0	$0
VALIN WOODWARD MILLER	IMMEDIATE PA	2.00	Officer Director	$0	$0	$0
MIKE MORRISON	CHAIR	2.00	Officer Director	$0	$0	$0
DAVID RICKER	BOARD MEMBER	2.00	Director	$0	$0	$0
CLAY ROBISON	BOARD MEMBER	2.00	Director	$0	$0	$0
RYAN STANGEL	BOARD MEMBER	2.00	Director	$0	$0	$0
JOLENE SUTTON	BOARD MEMBER	2.00	Director	$0	$0	$0
JOE VARGAS	CHAIR ELECT	4.00	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
2024	$1,784,502	$1,215,865	$3,587,734	$568,637
2023	$2,535,429	$1,425,579	$3,235,630	$1,109,850
2022	$1,271,980	$1,280,002	$778,433	$-8,022
2021	$1,355,509	$960,964	$761,579	$394,545
2020	$35,938	$1,894	$1,102,795	$34,044

NB HOUSING PARTNERS