RENEWAL HOUSING INC (EIN 521965128) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

TODD TRAVIS

Phone

3019980400

Tax Period

2024-01-01 to 2024-12-31

RENEWAL HOUSING INC, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $3.6M exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND THEIR FAMILIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,273,246

Program Service Revenue $279,538

Investment Income $2,234

Other Revenue $35,918

TOTAL REVENUE $2,590,936

Expense Breakdown

Grants Paid $2,260,793

Salaries & Benefits $121,537

Fundraising Expenses $0

Program Expenses $3,544,831

Other Expenses $1,240,838

TOTAL EXPENSES $3,623,168

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,590,936	$2,817,437	-0.1%
Expenses	$3,623,168	$5,025,875	-0.3%
Net Income	$-1,032,232	$-2,208,438	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JON SHIFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON GOLDBLATT	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN SOTO	DIRECTOR	1.00	Director	$0	$0	$0
TODD TRAVIS	PRESIDENT	1.00	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
2024	$2,590,936	$3,623,168	$12,771,165	$-1,032,232
2023	$2,817,437	$5,025,875	$28,051,499	$-2,208,438
2022	$3,272,076	$6,871,264	$13,984,828	$-3,599,188
2021	$3,551,240	$39,504,132	$14,557,789	$-35,952,892
2020	$27,854,575	$3,606,694	$39,424,941	$24,247,881
2019	$1,603,740	$18,251,583	$26,787,114	$-16,647,843
2018	$18,132,609	$3,979,269	$82,236,729	$14,153,340

RENEWAL HOUSING INC