HOUSING ALTERNATIVES INC (EIN 541564906) - 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

1990

Legal Domicile

Principal Officer

LIDIA WILLIAMS

Phone

4343927049

Tax Period

2023-07-01 to 2024-06-30

HOUSING ALTERNATIVES INC, founded in 1990, is a micro nonprofit that reported $59K in total revenue in fiscal year 2018. Expenses of $56K left a modest 5% surplus.

Mission

TO PROVIDE SECTION 811 HOUSING

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $31,216

Investment Income $1,251

Other Revenue $37,468

TOTAL REVENUE $69,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,436

Fundraising Expenses $0

Program Expenses $45,244

Other Expenses $62,083

TOTAL EXPENSES $88,519

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,935	$87,165	-0.2%
Expenses	$88,519	$87,983	+0.0%
Net Income	$-18,584	$-818	+21.7%

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

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
NEMIAH BRAXTON	PRESIDENT	2.00	Officer Director	$0	$0	$0
PAMELA DECAMP	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
SHARON SMITH	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
RIAN NEUBERGER	DIRECTOR	1.00	Director	$0	$0	$0
LIDIA WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
NICK PINERO	DIRECTOR	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
2025	No data	No data	No data	No data
2024	$69,935	$88,519	$250,858	$-18,584
2023	$87,165	$87,983	$251,285	$-818
2022	$63,678	$76,089	$262,487	$-12,411
2021	$58,661	$74,938	$272,922	$-16,277
2020	$59,758	$47,688	$269,467	$12,070
2019	$59,287	$56,278	$257,640	$3,009

HOUSING ALTERNATIVES INC