South Central Indiana Housing Opportunities Corpor

EIN: 471012649 501(c)(3)

Bloomington, IN

Total Revenue
$310,117
Total Expenses
$92,226
Total Assets
$927,031
Net Assets
$198,840
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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
2015
Legal Domicile
IN
Tax Period
2019-01-01 to 2019-12-31

South Central Indiana Housing Opportunities Corpor, founded in 2015, is a small nonprofit that reported $310K in total revenue in fiscal year 2019. Revenue surged 795% from the prior year, signaling strong growth momentum. The organization ran a surplus of $218K, a strong 70% operating margin.

Mission

To provide affordable housing opportunities

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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 (2019)

Revenue Breakdown

Contributions & Grants $310,117
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $310,117

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,893
Fundraising Expenses $0
Program Expenses $86,367
Other Expenses $28,333
TOTAL EXPENSES $92,226

Year-over-Year Comparison

2019 2018 Change
Revenue $310,117 $34,647 +8.0%
Expenses $92,226 $95,848 0.0%
Net Income $217,891 $-61,201 -4.6%
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
6
Independent Members
6
Employees
4
Volunteers
7

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
4
$48,200
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Hosea Director 0.50
Director
$0 $0 $0
D B Morrison Jr Director 0.50
Director
$0 $0 $0
Kelly Toto Director 0.50
Director
$0 $0 $0
Sue Wanzer Director 0.50
Director
$0 $0 $0
John Vargo President 0.50
Officer
$0 $0 $0
Nordia McNish Vice President 0.50
Officer
$0 $0 $0
David Landis SecretaryTreasurer 0.50
Officer
$0 $0 $0
Deborah Myerson Executive Director 40.00
Officer
$48,200 $0 $48,200
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
2019 $310,117 $92,226 $927,031 $217,891
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