BETTER HOUSING INC

EIN: 480897854

FORT SCOTT, KS

Total Revenue
$558,070
Total Expenses
$562,331
Total Assets
$750,466
Net Assets
$656,116
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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
1968
Legal Domicile
KS
Principal Officer
VICTOR ARNOLD
Phone
6202233150
Tax Period
2023-07-01 to 2024-06-30

BETTER HOUSING INC, founded in 1968, is a small nonprofit that reported $558K in total revenue in fiscal year 2023.

Mission

OPERATE LOW INCOME HOUSING COMPLEX

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $556,497
Investment Income $1,573
Other Revenue $0
TOTAL REVENUE $558,070

Expense Breakdown

Grants Paid $0
Salaries & Benefits $192,738
Fundraising Expenses $0
Program Expenses $386,024
Other Expenses $369,593
TOTAL EXPENSES $562,331

Year-over-Year Comparison

2023 2022 Change
Revenue $558,070 N/A N/A
Expenses $562,331 $53,540 +9.5%
Net Income $-4,261 $-53,540 -0.9%
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
5
Independent Members
5
Employees
6
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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN ASH CHAIRMAN N/A
Officer Director
$0 $0 $0
MARK KELSO SEC/TREAS N/A
Officer Director
$0 $0 $0
BILL LEE DIRECTOR N/A
Director
$0 $0 $0
BRANDON PECK ASST SEC/TRE N/A
Officer Director
$0 $0 $0
VICTOR ARNOLD EXEC DIRECTO N/A
Officer
$0 $0 $0
STEVE KELSO BOARD MEMBER N/A
Officer
$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 No data No data No data No data
2024 $558,070 $562,331 $750,466 $-4,261
2023 $529,345 $564,611 $747,075 $-35,266
2022 $505,594 $503,913 $778,285 $1,681
2021 $508,093 $491,256 $763,127 $16,837
2020 $488,136 $483,266 $750,043 $4,870
2019 $505,687 $504,086 $741,329 $1,601
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