TRANSITIONAL HOUSING RESOURCES INC C/O HERITAGE HOUSING PARTNERS CORP

EIN: 522217206 501(c)(3) Mental Health

COLUMBIA, MD

Total Revenue
$95,612
Total Expenses
$117,050
Total Assets
$325,515
Net Assets
$-495,783
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MD
Principal Officer
DERWARD BROOKS
Phone
4435187685
Tax Period
2023-01-01 to 2023-12-31

TRANSITIONAL HOUSING RESOURCES INC C/O HERITAGE HOUSING PARTNERS CORP, founded in 2000, is a micro nonprofit in the Mental Health sector that reported $96K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $117K exceeded revenue, resulting in a 22% operating deficit.

Mission

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

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $27,821
Program Service Revenue $67,608
Investment Income $183
Other Revenue $0
TOTAL REVENUE $95,612

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,561
Fundraising Expenses $0
Program Expenses $99,105
Other Expenses $107,489
TOTAL EXPENSES $117,050

Year-over-Year Comparison

2023 2022 Change
Revenue $95,612 $66,087 +0.4%
Expenses $117,050 $106,732 +0.1%
Net Income $-21,438 $-40,645 -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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDRA CORBIN PRESIDENT 0.25
Officer Director
$0 $0 $0
PAMELA PINKETT VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
SHAUN EDDY SECRETARY 0.25
Officer Director
$0 $0 $0
DERWARD BROOKS TREASURER 0.25
Officer Director
$0 $0 $0
JAN BARANCZAK BOARD MEMBER 0.25
Director
$0 $0 $0
JOHN BLAKE BOARD MEMBER UNTIL 6/23 0.25
Director
$0 $0 $0
MIKE CALLISON BOARD MEMBER UNTIL 7/23 0.25
Director
$0 $0 $0
AUREEN DULLA BOARD MEMBER UNTIL 7/23 0.25
Director
$0 $0 $0
PATRICK LLOYD 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 No data No data No data No data
2023 $95,612 $117,050 $325,515 $-21,438
2022 $66,087 $106,732 $333,515 $-40,645
2021 $70,948 $84,807 $375,049 $-13,859
2020 $72,712 $83,925 $383,446 $-11,213
2019 $66,555 $88,087 $391,592 $-21,532
2018 $60,270 $92,445 $418,877 $-32,175
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TRANSITIONAL HOUSING RESOURCES INC C/O HERITAGE HOUSING PARTNERS CORP with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.