HOUSING CONNECTIONS INC (EIN 541417961) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

BRETT RADER

Phone

5409211392

Tax Period

2021-07-01 to 2022-06-30

HOUSING CONNECTIONS INC, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $415K in total revenue in fiscal year 2018. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $376K left a modest 9% surplus.

Mission

TO ADMINISTER HOUSING ASSISTANCE PROGRAMS FOR LOW AND MODERATE INCOME PERSONS WHO ARE ELIGIBLE FOR RENTAL ASSISTANCE UNDER FEDERAL GUIDELINES AS MANDATED BY HUD.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $183,741

Program Service Revenue $367,124

Investment Income $3,210

Other Revenue $0

TOTAL REVENUE $554,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $299,031

Fundraising Expenses $0

Program Expenses $340,454

Other Expenses $85,426

TOTAL EXPENSES $384,457

Year-over-Year Comparison

	2021	2020	Change
Revenue	$554,075	$392,999	+0.4%
Expenses	$384,457	$463,805	-0.2%
Net Income	$169,618	$-70,806	-3.4%

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

$57,110

Total Directors

$57,110

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT RADER	TREASURER/SE	40.00	Officer Director	$55,447	$1,663	$57,110
JANET BRENNEND	DIRECTOR	0.50	Director	$0	$0	$0
JIM DRADER	PRESIDENT	0.50	Officer Director	$0	$0	$0
CASEY EDMONDS	DIRECTOR	0.50	Director	$0	$0	$0
KIM THURLOW	DIRECTOR	0.50	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
2022	$554,075	$384,457	$683,883	$169,618
2021	$392,999	$463,805	$514,948	$-70,806
2020	$441,351	$410,588	$585,405	$30,763
2019	$415,069	$375,811	$555,404	$39,258

HOUSING CONNECTIONS INC