HOUSING OPPORTUNITIES COMMUNITY PARTNERS INC (EIN 522149054) - 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

1998

Legal Domicile

Principal Officer

CHELSEA ANDREWS

Phone

2406279420

Tax Period

2024-07-01 to 2025-06-30

HOUSING OPPORTUNITIES COMMUNITY PARTNERS INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $355K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 34% operating margin.

Mission

HELP LOW-INCOME FAMILIES IN MONTGOMERY COUNTY'S SUBSIDIZED HOUSING IMPROVE THEIR QUALITY OF LIFE

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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 $365,914

Program Service Revenue $0

Investment Income $28,139

Other Revenue $-38,894

TOTAL REVENUE $355,159

Expense Breakdown

Grants Paid $47,921

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $225,594

Other Expenses $186,220

TOTAL EXPENSES $234,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$355,159	$287,284	+0.2%
Expenses	$234,141	$363,285	-0.4%
Net Income	$121,018	$-76,001	-2.6%

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

$701,215

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VARUN DHAWAN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
THERESA FINNEY DUMAIS	BOARD VICE-CHAIR	1.00	Officer Director	$0	$0	$0
KENNETH B TECLER	TREASURER	1.00	Officer Director	$0	$0	$0
MORGAN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
LEXAN MCDOWELL	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA NASSAU-BROWNSTONE	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN FITZGERALD	DIRECTOR	1.00	Director	$0	$0	$0
CHELSEA ANDREWS	EXECUTIVE DIRECTOR	1.00	Officer	$0	$49,768	$411,482
TIMOTHY GOETZINGER	CFO	1.00	Officer	$0	$56,089	$289,733

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	$355,159	$234,141	$692,482	$121,018
2024	$287,284	$363,285	$545,021	$-76,001
2023	$333,181	$235,558	$621,801	$97,623
2022	$154,040	$154,823	$541,342	$-783
2021	$212,767	$62,042	$523,376	$150,725
2020	$83,864	$125,847	$372,289	$-41,983
2019	$319,856	$174,336	$415,662	$145,520

HOUSING OPPORTUNITIES COMMUNITY PARTNERS INC