RESIDENTIAL OPPORTUNITIES INC C/O HERITAGE HOUSING PARTNERS CORP (EIN 521658275) - 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

1989

Legal Domicile

Principal Officer

DERWARD BROOKS

Phone

4435187685

Tax Period

2024-01-01 to 2024-12-31

RESIDENTIAL OPPORTUNITIES INC C/O HERITAGE HOUSING PARTNERS CORP, founded in 1989, is a small nonprofit in the Human Services sector that reported $178K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

PROVIDE HOUSING ASSISTED UNITS TO MENTALLY CHALLENGED AND DEVELOPMENTALLY DISABLED PERSONS.

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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 $60,828

Program Service Revenue $116,922

Investment Income $740

Other Revenue $0

TOTAL REVENUE $178,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,918

Fundraising Expenses $0

Program Expenses $139,096

Other Expenses $143,577

TOTAL EXPENSES $176,495

Year-over-Year Comparison

	2024	2023	Change
Revenue	$178,490	$117,613	+0.5%
Expenses	$176,495	$141,409	+0.2%
Net Income	$1,995	$-23,796	-1.1%

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

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
PAMELA PINKETT	PRESIDENT	0.25	Officer Director	$0	$0	$0
PATRICK LLOYD	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
DERWARD BROOKS	TREASURER	0.25	Officer Director	$0	$0	$0
SHAUN EDDY	SECRETARY	0.25	Officer Director	$0	$0	$0
JAN BARANCZAK	BOARD MEMBER	0.25	Director	$0	$0	$0
SANDRA CORBIN	BOARD MEMBER	0.25	Director	$0	$0	$0
EDWARD PLITT	BOARD MEMBER	0.25	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	$178,490	$176,495	$367,879	$1,995
2023	$117,613	$141,409	$367,307	$-23,796
2022	$146,929	$164,558	$373,575	$-17,629
2021	$103,657	$118,627	$378,554	$-14,970
2020	$98,735	$113,628	$389,260	$-14,893
2019	$108,502	$169,269	$406,839	$-60,767
2018	$127,798	$157,787	$463,068	$-29,989

RESIDENTIAL OPPORTUNITIES INC C/O HERITAGE HOUSING PARTNERS CORP