CHARLESTON, SC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE HUMANITIES FOUNDATION INC, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $4.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.9M, a strong 48% operating margin.
TO DEVELOP THE HIGHEST QUALITY AFFORDABLE AND WORKFORCE HOUSING POSSIBLE WHILE ENHANCING THE LIVES OF OUR RESIDENTS AND IMPROVING THE COMMUNITIES IN WHICH WE DEVELOP THROUGH AFFORDABILITY, EDUCATION AND ADVOCACY.
AFFORDABLE HOUSING PROGRAM: AS A NON-PROFIT DEVELOPER, HUMANITIES FOUNDATION PLAYS A CRUCIAL ROLE IN FACILITATING AFFORDABLE HOUSING PROJECTS FROM INCEPTION TO COMPLETION. OUR ORGANIZATION SERVES...
AFFORDABLE HOUSING PROGRAM: AS A NON-PROFIT DEVELOPER, HUMANITIES FOUNDATION PLAYS A CRUCIAL ROLE IN FACILITATING AFFORDABLE HOUSING PROJECTS FROM INCEPTION TO COMPLETION. OUR ORGANIZATION SERVES VARIOUS ROLES, RANGING FROM GENERAL PARTNER AND MANAGING MEMBER TO DEVELOPER, ALLOWING US TO ACCESS FUNDS EXCLUSIVELY AVAILABLE TO NONPROFIT ENTITIES. WE PROVIDE ESSENTIAL FINANCING TO PROJECTS AND COLLABORATE WITH CONSTRUCTION PROFESSIONALS, INCLUDING ENGINEERS, ARCHITECTS, AND BUILDERS, TO REALIZE AFFORDABLE HOUSING DEVELOPMENTS. UPON CONSTRUCTION COMPLETION, HUMANITIES FOUNDATION ENGAGES PROFESSIONAL MANAGEMENT COMPANIES TO HANDLE PROPERTY MARKETING, LEASING, AND MAINTENANCE. (CONTINUED AT SCHEDULE O)
AFFORDABLE HOUSING DEVELOPMENT: OUR ORGANIZATION OFFERS SERVICES THAT IDENTIFY NEW OPPORTUNITIES FOR AFFORDABLE HOUSING AND ASSESS THE FEASIBILITY OF DEVELOPMENTS INTENDED TO BENEFIT LOW-INCOME...
AFFORDABLE HOUSING DEVELOPMENT: OUR ORGANIZATION OFFERS SERVICES THAT IDENTIFY NEW OPPORTUNITIES FOR AFFORDABLE HOUSING AND ASSESS THE FEASIBILITY OF DEVELOPMENTS INTENDED TO BENEFIT LOW-INCOME FAMILIES AND SENIORS. COLLABORATING CLOSELY WITH OUR PARTNERS, HUMANITIES FOUNDATION ACTIVELY PURSUES SITES THAT QUALIFY FOR LOW-INCOME HOUSING TAX CREDITS (LIHTC). THROUGH INNOVATIVE FUNDING STRATEGIES, WE HAVE HARNESSED RESOURCES SUCH AS COMMUNITY DEVELOPMENT BLOCK GRANTS (CDBG), HOME FUNDS, FEDERAL HOME LOAN BANK FUNDS, LOWCOUNTRY HOUSING TRUST CONTRIBUTIONS, AND OTHER GRANTS. THESE RESOURCES HAVE ENABLED US TO DEVELOP OVER 2,500 AFFORDABLE HOUSING UNITS ACROSS SOUTH CAROLINA, GEORGIA, LOUISIANA, AND VIRGINIA.
SHELTERNET PROGRAM: THE HUMANITIES FOUNDATION'S SHELTERNET PROGRAM PROVIDES CRITICAL SUPPORT TO FAMILIES AND INDIVIDUALS FACING CRISES OR SETBACKS. BY EXTENDING EMERGENCY FINANCIAL ASSISTANCE, WE...
SHELTERNET PROGRAM: THE HUMANITIES FOUNDATION'S SHELTERNET PROGRAM PROVIDES CRITICAL SUPPORT TO FAMILIES AND INDIVIDUALS FACING CRISES OR SETBACKS. BY EXTENDING EMERGENCY FINANCIAL ASSISTANCE, WE EMPOWER THEM TO REMAIN IN THEIR HOMES AND SAFEGUARD VITAL UTILITY SERVICES, INCLUDING GAS, ELECTRICITY, AND WATER. THIS INITIATIVE IS TARGETED AT RECIPIENTS WHOSE INCOMES FALL BELOW 50% OF THE AREA MEDIAN INCOME. TO ENSURE THE PROGRAM'S SUSTAINABILITY, SHELTERNET'S OPERATING COSTS ARE COVERED BY THE FOUNDATION'S OPERATIONAL FUNDS. SINCE ITS INCEPTION, THE PROGRAM HAS ASSISTED MORE THAN 55,000 INDIVIDUALS IN THEIR TIMES OF NEED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,953,328 | $3,501,082 | +0.1% |
| Expenses | $2,071,498 | $2,166,220 | 0.0% |
| Net Income | $1,881,830 | $1,334,862 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TRACY T DORAN | PRESIDENT | 40.00 |
Officer
Director
|
$87,655 | $18,602 | $106,257 |
| CHERYL FERRARO CPA | SEC/TREASURE | 45.00 |
Officer
Director
|
$204,603 | $22,136 | $226,739 |
| ANNE WYATT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATTI RANDINELLI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA MADDOX-EVANS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH R DORAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT LACHAPELLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG BROOKS | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,953,328 | $2,071,498 | $33,784,327 | $1,881,830 |
| 2022 | $3,501,082 | $2,166,220 | $31,582,528 | $1,334,862 |
| 2021 | $3,824,255 | $1,973,926 | $30,885,789 | $1,850,329 |
| 2020 | $2,758,924 | $1,766,788 | $26,880,521 | $992,136 |
| 2019 | $1,770,538 | $1,559,702 | $22,930,688 | $210,836 |
| 2018 | $1,521,871 | $1,375,510 | $24,394,181 | $146,361 |
Compare THE HUMANITIES FOUNDATION INC with other nonprofits in South Carolina and across the country.