HOC REALTY INC (EIN 472570391) - 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

JAMES A PALEY PHD

Phone

2037776925

Tax Period

2024-01-01 to 2024-12-31

HOC REALTY INC, founded in 2014, is a micro nonprofit in the Community Improvement sector that reported $87K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $119K exceeded revenue, resulting in a 36% operating deficit.

Mission

TO BE A FULL-SERVICE, NONPROFIT REAL ESTATE COMPANY COMMITTED TO PROVIDING THE BEST CUSTOMER-CENTRIC SERVICE TO FIRST-TIME AND REPEAT HOMEBUYERS, SELLERS, LEASEES AND/OR LESSORS OF REAL ESTATE; IN PARTICULAR TO SERVE THOSE CUSTOMERS WHO ARE UNDERSERVED EITHER BECAUSE OF THEIR INCOME OR BECAUSE THEY WILL BE TRANSACTING BUSINESS IN UNDERSERVED MARKETS WITHIN THE STATE OF CONNECTICUT. TO MARSHAL THE CUSTOMER THROUGH THE ENTIRE HOME BUYING/SELLING/LEASING PROCESS AND TO PROVIDE A COMPLETE ONE STOP SHOPPING EXPERIENCE TO CUSTOMERS BY WORKING IN CONJUNCTION WITH OTHER NOT-FOR-PROFIT COMPANIES AND DRAWING UPON THE RELATED SERVICES OF HOMEBUYER EDUCATION, COUNSELING, LENDING AND DEVELOPMENT TO CREATE A SMARTER, MORE PREPARED, DEFAULT-RESISTANT CONSUMER IN THE HOMEOWNERSHIP PROCESS. REGARDLESS OF WHETHER THE CORPORATION IS REPRESENTING BUYERS OR SELLERS, OR IS FACILITATING LEASING TRANSACTIONS, THE CORPORATION SHALL BE COMMITTED TO PLACING PRINCIPLES OVER PROFITS BY MATCHING BUYERS AND SELLERS,

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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 $0

Investment Income $0

Other Revenue $87,473

TOTAL REVENUE $87,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,152

Fundraising Expenses $0

Program Expenses $118,909

Other Expenses $79,757

TOTAL EXPENSES $118,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,473	$101,972	-0.1%
Expenses	$118,909	$131,628	-0.1%
Net Income	$-31,436	$-29,656	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN DAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROL HELLER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
SARAH MCQUEEN	TREASURER	2.00	Officer Director	$0	$0	$0
MONIKA MITTELHOLZER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES A PALEY PHD	DIRECTOR	2.00	Director	$0	$0	$0
JACQUELYN PHEANIOUS	BPOARD MEMBE	2.00	Director	$0	$0	$0
JESSE PHILLIPS	BOARD MEMBER	2.00	Director	$0	$0	$0
LESLIE RADCLIFFE	PRESIDENT	2.00	Officer Director	$0	$0	$0
VIRGINIA STEVENSON	SECRETARY	2.00	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	$87,473	$118,909	$26,352	$-31,436
2023	$101,972	$131,628	$62,017	$-29,656
2022	$117,141	$114,983	$91,508	$2,158

HOC REALTY INC