4-K HOUSING INC (EIN 464457739) - 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

Legal Domicile

Principal Officer

ROBBIE L WITTNER

Phone

9729804805

Tax Period

2024-01-01 to 2024-12-31

4-K HOUSING INC, founded in 2013, is a mid-sized nonprofit in the Human Services sector that reported $12.6M in total revenue in fiscal year 2024.

Mission

TO ASSERT EFFORTS TOWARDS DEVELOPING, FINANCING, AND OPERATING (FOR THE LONG-TERM) QUALITY, STABLE AND HEALTHY, PROGRAM-ENRICHED, AFFORDABLE HOUSING FOR SENIOR CITIZENS WITH ALZHEIMER'S DISEASE AND OTHER DEMENTIA RELATED ILLNESSES. PERSONAL CARE SUPPORT IS ALSO PROVIDED AND DESIGNED TO MEET THE NEEDS OF THE RESIDENTS.

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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 $0

Program Service Revenue $12,557,388

Investment Income $91,138

Other Revenue $0

TOTAL REVENUE $12,648,526

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,837,281

Fundraising Expenses $0

Program Expenses $12,856,295

Other Expenses $8,073,412

TOTAL EXPENSES $13,910,693

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,648,526	$12,699,642	0.0%
Expenses	$13,910,693	$13,440,016	+0.0%
Net Income	$-1,262,167	$-740,374	+0.7%

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

$192,298

Total Directors

$172,091

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBBIE L WITTNER	CHAIRMAN, COO, SECRETARY	1.00	Officer Director	$0	$37,924	$37,924
LLOYD KITCHEN III	PRESIDENT	1.00	Officer Director	$0	$0	$134,167
DOUG LEE	DIRECTOR	0.10	Director	$0	$0	$0
ERNEST GARCIA	DIRECTOR	0.10	Director	$0	$0	$0
LLOYD KITCHEN	EXECUTIVE VICE PRESIDENT	1.00	Officer	$0	$20,207	$20,207

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	$12,648,526	$13,910,693	$40,864,880	$-1,262,167
2023	$12,699,642	$13,440,016	$43,822,882	$-740,374
2022	$11,956,615	$14,346,577	$44,144,375	$-2,389,962
2021	$11,808,839	$12,481,453	$45,836,592	$-672,614
2020	$10,752,174	$12,280,917	$48,052,505	$-1,528,743
2019	$10,429,740	$11,506,505	$49,022,221	$-1,076,765
2018	$10,239,501	$11,776,135	$50,914,928	$-1,536,634

4-K HOUSING INC