LOW INCOME HOUSING OPPORTUNITIES INC (EIN 562099596) - 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

2003

Legal Domicile

Principal Officer

Angela Jimenez

Phone

3368872661

Tax Period

2023-01-01 to 2023-12-31

LOW INCOME HOUSING OPPORTUNITIES INC, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $30K in total revenue in fiscal year 2023. Revenue surged 392% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 73% operating margin.

Mission

To expand homeownership opportunities and provide decent, safe and affordable housing to low-income families by creating and supporting low-income housing

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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 $3,230

Program Service Revenue $0

Investment Income $0

Other Revenue $27,121

TOTAL REVENUE $30,351

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,230

Other Expenses $8,127

TOTAL EXPENSES $8,127

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,351	$6,169	+3.9%
Expenses	$8,127	$9,418	-0.1%
Net Income	$22,224	$-3,249	-7.8%

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

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

$353,222

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Angela Jimenez	Secretary	Officer	$0	$0	$201,175
Tracy S Gann	Treasurer	Officer	$0	$0	$152,047
Roosevelt Swinnie	Director	Director	$0	$0	$0
Charity Bunting	Director	Director	$0	$0	$0
James LeGrande	Director	Director	$0	$0	$0
Gail Tuttle	Director	Director	$0	$0	$0
Dr NTuma Jah	Vice President	Officer	$0	$0	$0
Matt Witmeyer	President	Officer	$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	$30,351	$8,127	$135,432	$22,224
2022	$6,169	$9,418	$125,484	$-3,249
2021	$2,375	$8,142	$132,306	$-5,767
2020	$2,350	$11,878	$129,976	$-9,528

LOW INCOME HOUSING OPPORTUNITIES INC