HFL VANOWEN APARTMENTS CO CARING HOUSING MINISTRIES

EIN: 562591080 501(c)(3) Housing & Shelter

GLENDALE, CA

Total Revenue
$359,938
Total Expenses
$679,509
Total Assets
$4,003,622
Net Assets
$-5,068,301
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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
2006
Legal Domicile
CA
Phone
8182541414
Tax Period
2024-01-01 to 2024-12-31

HFL VANOWEN APARTMENTS CO CARING HOUSING MINISTRIES, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $360K in total revenue in fiscal year 2024. Expenses of $680K exceeded revenue, resulting in a 89% operating deficit.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $345,776
Investment Income $14,162
Other Revenue $0
TOTAL REVENUE $359,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $679,509
Other Expenses $679,509
TOTAL EXPENSES $679,509

Year-over-Year Comparison

2024 2023 Change
Revenue $359,938 $362,483 0.0%
Expenses $679,509 $594,008 +0.1%
Net Income $-319,571 $-231,525 +0.4%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY HARAMOTO President 1.00
Officer Director
$0 $0 $0
DAVID P BAILEY Treasurer 1.00
Officer Director
$0 $0 $0
CARLENE KERKER Secretary 0.50
Officer 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 $359,938 $679,509 $4,003,622 $-319,571
2023 $362,483 $594,008 $4,174,491 $-231,525
2022 $336,116 $642,716 $4,242,795 $-306,600
2021 $334,287 $642,325 $4,449,617 $-308,038
2020 $308,431 $604,462 $4,623,550 $-296,031
2019 $273,910 $617,918 $4,807,294 $-344,008
2018 $267,672 $604,341 $5,004,066 $-336,669
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