Housing and Credit Counseling Inc (EIN 480822466) - 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

1973

Legal Domicile

Principal Officer

Teresa Baker

Phone

7852340217

Tax Period

2023-01-01 to 2023-12-31

Housing and Credit Counseling Inc, founded in 1973, is a small nonprofit that reported $491K in total revenue in fiscal year 2023. Expenses of $550K exceeded revenue, resulting in a 12% operating deficit.

Mission

HCCI counsels and educates all people to achieve their personal housing and financial goals.

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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 $398,241

Program Service Revenue $65,957

Investment Income $26,304

Other Revenue $0

TOTAL REVENUE $490,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $386,431

Fundraising Expenses $0

Program Expenses $163,202

Other Expenses $163,384

TOTAL EXPENSES $549,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$490,502	$514,887	0.0%
Expenses	$549,815	$608,770	-0.1%
Net Income	$-59,313	$-93,883	-0.4%

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

$74,783

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda Kinney	Secretary	1.00	Officer Director	$0	$0	$0
Kevin Morgison	Chair	1.00	Officer Director	$0	$0	$0
Karen Perez	Director	1.00	Director	$0	$0	$0
Steve Vogel	Director	1.00	Director	$0	$0	$0
Terri Barr	Director	1.00	Director	$0	$0	$0
Kimberly Gonzales Minson	Director	1.00	Director	$0	$0	$0
Rebecca Miller	Treasurer	1.00	Officer Director	$0	$0	$0
Jacob Wamego	Vice-Chair	1.00	Officer Director	$0	$0	$0
Carrie Higgins	Director	1.00	Director	$0	$0	$0
Tiffany Lake	Director	1.00	Director	$0	$0	$0
Jill Rice	Director	1.00	Director	$0	$0	$0
Ronald Rutherford	Director	1.00	Director	$0	$0	$0
Teresa Baker	Executive Director	40.00	Officer	$72,049	$2,734	$74,783

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	$490,502	$549,815	$1,205,252	$-59,313
2022	$514,887	$608,770	$1,204,740	$-93,883
2021	$741,277	$594,750	$1,465,189	$146,527
2020	$822,622	$752,268	$1,315,760	$70,354
2019	$764,447	$787,843	$1,186,105	$-23,396
2018	$840,322	$842,846	$1,162,818	$-2,524

Housing and Credit Counseling Inc