HOUSING UNLIMITED INC (EIN 521760774) - 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

1991

Legal Domicile

Principal Officer

MICHAEL JAQUITH

Phone

3015929314

Tax Period

2023-10-01 to 2024-09-30

HOUSING UNLIMITED INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2023. Expenses of $3.1M left a modest 8% surplus.

Mission

TO ADDRESS THE HOUSING CRISIS FOR ADULTS IN MENTAL HEALTH RECOVERY IN MONTGOMERY COUNTY, MD.

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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 $1,049,282

Program Service Revenue $2,256,921

Investment Income $68,897

Other Revenue $-31,889

TOTAL REVENUE $3,343,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,179,998

Fundraising Expenses $151,362

Program Expenses $2,756,019

Other Expenses $1,837,991

TOTAL EXPENSES $3,089,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,343,211	$3,246,192	+0.0%
Expenses	$3,089,989	$2,910,768	+0.1%
Net Income	$253,222	$335,424	-0.2%

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

$179,142

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHEILA MASON HENRY	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN PIERCE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
JOHNNIE MAE ARMSTRONG	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
AUDRALINA SHERMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
GARTH BASTIAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JAQUITH	DIRECTOR	1.00	Director	$0	$0	$0
NAPATR MEER	DIRECTOR	1.00	Director	$0	$0	$0
ALI PLACCO	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS PETERS	DIRECTOR	1.00	Director	$0	$0	$0
ALBERT STANCIL	DIRECTOR	1.00	Director	$0	$0	$0
ROSE SITTNER	DIRECTOR	1.00	Director	$0	$0	$0
ABE SCHUCHMAN	CEO	40.00	Officer	$139,201	$39,941	$179,142
AARON FENSTER	COO	40.00	Highest	$114,963	$15,350	$130,313

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	$3,343,211	$3,089,989	$17,208,677	$253,222
2023	$3,246,192	$2,910,768	$16,813,791	$335,424
2022	$2,966,775	$2,827,862	$15,923,579	$138,913
2021	$3,137,692	$2,638,780	$15,685,952	$498,912
2020	$2,877,779	$2,428,290	$14,983,394	$449,489
2019	$2,414,449	$2,175,887	$14,053,299	$238,562
2018	$2,492,675	$2,113,437	$13,554,125	$379,238

HOUSING UNLIMITED INC