THE INNOVATIVE HOUSING INSTITUTE INC (EIN 521977542) - 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

1996

Legal Domicile

Phone

4103329939

Tax Period

2023-01-01 to 2023-12-31

THE INNOVATIVE HOUSING INSTITUTE INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $340K in total revenue in fiscal year 2023.

Mission

IHI IS A NON-PROFIT CORPORATION PROVIDING TECHNICAL ASSISTANCE AND PROFESSIONAL SUPPORT TO LOCAL GOVERNMENTS, PRIVATE DEVELOPERS, HOUSING AGENCIES AND COMMUNITY ORGANIZATION.

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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 $340,116

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $340,116

Expense Breakdown

Grants Paid $15,588

Salaries & Benefits $226,483

Fundraising Expenses $0

Program Expenses $311,068

Other Expenses $120,160

TOTAL EXPENSES $362,231

Year-over-Year Comparison

	2023	2022	Change
Revenue	$340,116	$344,553	0.0%
Expenses	$362,231	$331,809	+0.1%
Net Income	$-22,115	$12,744	-2.7%

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

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

$93,148

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMUEL JORDAN	EXEC DIRECTOR	40.00	Officer	$93,148	$0	$93,148
REV HOFFMAN BROWNHILL	DIRECTOR	1.00	Director	$0	$0	$0
ANDRE ROBINSON	VICE PRESIDENT	1.00	Director	$0	$0	$0
TIM O'MALLEY	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$340,116	$362,231	$100,999	$-22,115
2023	$340,116	$347,057	$341,690	$-6,941
2022	$344,553	$331,809	$324,020	$12,744
2021	$341,484	$326,589	$307,409	$14,895
2020	$369,727	$326,513	$442,310	$43,214
2019	$326,457	$328,347	$259,357	$-1,890
2018	$360,200	$346,988	$274,899	$13,212

THE INNOVATIVE HOUSING INSTITUTE INC