PEOPLES HOUSING INC (EIN 473700373) - 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

2015

Legal Domicile

Principal Officer

OJI ALEXANDER

Tax Period

2023-01-01 to 2023-12-31

PEOPLES HOUSING INC, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 309% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 53% operating margin.

Mission

PEOPLES HOUSING+ INC IS AN NONPROFIT AFFORDABLE HOUSING DEVELOPER AND COMMUNITY REVITALIZATION ORGANIZATION SERVING NEW ORLEANS. THE ORGANIZATION CREATES NEIGHBORHOODS OF OPPORTUNITY THROUGH THE REDEVELOPMENT OF VACANT AND ABANDONED PROPERTIES AS SELF-HELP HOUSING AND ADVANCES

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,335,801

Program Service Revenue $302,861

Investment Income $8,408

Other Revenue $-12,483

TOTAL REVENUE $2,634,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $592,557

Fundraising Expenses $72,231

Program Expenses $867,909

Other Expenses $583,204

TOTAL EXPENSES $1,225,126

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,634,587	$644,267	+3.1%
Expenses	$1,225,126	$680,556	+0.8%
Net Income	$1,409,461	$-36,289	-39.8%

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

$160,649

Total Directors

Key Employees

$112,680

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OJI ALEXANDER	EXECUTIVE DIRECTOR	40.00	Officer	$137,824	$22,825	$160,649
ERICA TORIELLO	DIRECTOR OF HOMEBUYER SERVICE	40.00	Key Emp	$103,344	$9,336	$112,680
RAYAN ALBRIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
DASJON JORDAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KAHLIDA LLOYD	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIUS KIMBROUGH JR	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW FRISTHAL	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTONIO CARBONE	BOARD MEMBER	1.00	Director	$0	$0	$0
KELSY YEARGAIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE VAUCRESSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DAHLIA EL-SHAFEI	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE MCCRARY	BOARD MEMBER	1.00	Director	$0	$0	$0
DEE GREEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ALYSON SHREVE	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLINE MINOR	BOARD MEMBER	1.00	Director	$0	$0	$0
NASHAWN JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JASMIN MONIQUE LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MAISHA MENA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NIA DAVIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
CLIFF KENWOOD	TREASURER	1.00	Officer Director	$0	$0	$0
KEELY BYRNE	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$2,634,587	$1,225,126	$5,992,602	$1,409,461
2022	$644,267	$680,556	$3,808,321	$-36,289
2021	$664,742	$492,878	$4,549,377	$171,864
2021	$2,814,241	$2,055,490	$3,003,408	$758,751
2020	$2,786,825	$709,688	$4,675,131	$2,077,137
2019	$404,189	$828,611	$1,832,999	$-424,422
2018	$728,505	$1,025,059	$2,123,631	$-296,554

PEOPLES HOUSING INC