RAISE-OP HOUSING COOPERATIVE (EIN 471739509) - 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

2014

Legal Domicile

Principal Officer

MICHAEL HERRMANN

Phone

2072001596

Tax Period

2025-01-01 to 2025-12-31

RAISE-OP HOUSING COOPERATIVE, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $475K in total revenue in fiscal year 2025. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 30% operating margin.

Mission

TO OPERATE SAFE AND AFFORDABLE HOUSING THAT IS DEMOCRATICALLY CONTROLLED BY ITS MEMBERS ON A NON-PROFIT BASIS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $236,093

Program Service Revenue $182,732

Investment Income $56,611

Other Revenue $0

TOTAL REVENUE $475,436

Expense Breakdown

Grants Paid $10,350

Salaries & Benefits $124,745

Fundraising Expenses $12,813

Program Expenses $295,952

Other Expenses $196,048

TOTAL EXPENSES $331,143

Year-over-Year Comparison

	2025	2024	Change
Revenue	$475,436	$316,653	+0.5%
Expenses	$331,143	$378,628	-0.1%
Net Income	$144,293	$-61,975	-3.3%

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
MICHAEL HERRMANN	PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
IFRAAX SACIID	TREASURER (THRU SEPTEMBER)	1.00	Officer Director	$0	$0	$0
STUART BROWN	DIRECTOR (THRU JULY)	1.00	Director	$0	$0	$0
HILOWLE ADEN	DIRECTOR (THRU JULY)	1.00	Director	$0	$0	$0
SIIRI CRESSEY	DIRECTOR	1.00	Director	$0	$0	$0
ZAK AYER	DIRECTOR	1.00	Director	$0	$0	$0
NIMO MOHAMED	DIRECTOR (THRU NOVEMBER)	1.00	Director	$0	$0	$0
BRENDAN AKERS	DIRECTOR	1.00	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
2025	$475,436	$331,143	$2,889,099	$144,293
2024	$316,653	$378,628	$2,684,580	$-61,975
2023	$941,299	$306,260	$2,757,637	$635,039
2022	$963,863	$291,906	$2,075,829	$671,957
2021	$399,021	$196,557	$1,404,454	$202,464
2020	$502,617	$207,397	$1,188,970	$295,220
2019	$205,066	$209,956	$879,355	$-4,890

RAISE-OP HOUSING COOPERATIVE