NOTHING INTO SOMETHING REAL ESTATE (EIN 562599608) - 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

2006

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

NOTHING INTO SOMETHING REAL ESTATE, founded in 2006, is a community nonprofit in the Crime & Legal sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

NISRE INC IS A FAITH BASED NON PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT PROVIDES AFFORDABLE HOUSING SOLUTIONS AND A RANGE OF ECONOMIC EMPOWERMENT INITIATIVES DESIGNED TO ALLEVIATE POVERTY AND REVITALIZE NEIGHBORHOODS IN LOW AND MODERATE INCOME COMMUNITIES

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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 $2,260,285

Program Service Revenue $48,277

Investment Income $0

Other Revenue $10,395

TOTAL REVENUE $2,318,957

Expense Breakdown

Grants Paid $0

Salaries & Benefits $862,371

Fundraising Expenses $0

Program Expenses $1,912,167

Other Expenses $1,454,750

TOTAL EXPENSES $2,317,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,318,957	$2,096,396	+0.1%
Expenses	$2,317,121	$2,062,509	+0.1%
Net Income	$1,836	$33,887	-0.9%

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

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

$115,768

Total Directors

$115,768

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE REYNOLDS	EXECUTIVE DIRECTOR	25.00	Officer Director	$95,768	$0	$115,768
JEANNIE MOK	DIRECTOR	1.00	Director	$0	$0	$0
BETTY FORD	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA MILES	CHARIMAN	1.00	Director	$0	$0	$0
DR SHON BUNKLEY-BURCH	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	$2,318,957	$2,317,121	$1,466,247	$1,836
2023	$2,096,396	$2,062,509	$1,511,481	$33,887
2022	$2,003,805	$1,959,426	$1,571,173	$44,379
2021	$1,933,975	$1,892,274	$1,577,846	$41,701
2020	$2,394,553	$2,222,655	$1,389,479	$171,898
2019	$2,384,399	$2,276,196	$3,889,885	$108,203
2018	$1,880,490	$1,862,697	$3,276,027	$17,793

NOTHING INTO SOMETHING REAL ESTATE