HUMANITIES HOUSING INC

EIN: 571026781 501(c)(3) Education

MOUNT PLEASANT, SC

Total Revenue
$1
Total Expenses
$152,025
Total Assets
$275,961
Net Assets
$-392,145
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
SC
Principal Officer
TRACY T DORAN
Phone
8438564120
Tax Period
2023-01-01 to 2023-12-31

HUMANITIES HOUSING INC, founded in 1994, is a micro nonprofit in the Education sector that reported $1 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $152K exceeded revenue, resulting in a 15202400% operating deficit.

Mission

TO PROVIDE LOW-INCOME HOUSING TO INDIVIDUALS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $132,477

AS A NON-PROFIT COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO), HUMANITIES HOUSING INC. FACILITATES THE CREATION OF AFFORDABLE HOUSING BY SERVING AS A GENERAL PARTNER OR MANAGING MEMBER TO ACCESS...

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AS A NON-PROFIT COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO), HUMANITIES HOUSING INC. FACILITATES THE CREATION OF AFFORDABLE HOUSING BY SERVING AS A GENERAL PARTNER OR MANAGING MEMBER TO ACCESS FUNDS AVAILABLE ONLY TO NONPROFITS. THE CHDO GATHERS COMMUNITY INPUT RELATED TO THE HOUSING AND SERVICE NEEDS OF THE LOW-INCOME POPULATION IT SERVES. THE CHDO ALSO PROVIDES COMMUNITY EDUCATION RELATED TO THE AVAILABILITY OF AFFORDABLE HOUSING AND SEEKS INPUT ON WHERE THE HOUSING SHOULD BE LOCATED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $1
TOTAL REVENUE $1

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,774
Fundraising Expenses $10,777
Program Expenses $132,477
Other Expenses $44,251
TOTAL EXPENSES $152,025

Year-over-Year Comparison

2023 2022 Change
Revenue $1 $60,682 -1.0%
Expenses $152,025 $168,830 -0.1%
Net Income $-152,024 $-108,148 +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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
6
Employees
1
Volunteers
9

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
$332,803
Total Directors
9
$332,803
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACY T DORAN PRESIDENT 10.00
Officer Director
$0 $18,602 $106,257
CHERYL A FERRARO CPA TREASURER/SE 10.00
Officer Director
$0 $22,136 $226,546
GREG BROOKS ASSIST. SECR 0.50
Officer
$0 $0 $0
PATRICK DORAN BOARD MEMBER 0.50
Director
$0 $0 $0
REV ISADELL WRIGHT BOARD MEMBER 0.50
Director
$0 $0 $0
ANN WYATT BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN HOLLINSHEAD BOARD MEMBER 0.50
Director
$0 $0 $0
FRANCINA GILBERT BOARD MEMBER 0.50
Director
$0 $0 $0
CLARK MILLS BOARD MEMBER 0.50
Director
$0 $0 $0
NATHALIE ALLEN BOARD MEMBER 0.50
Director
$0 $0 $0
KELLY SHARKEY DIRECTOR OF 30.00
Highest
$100,510 $3,314 $103,824
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 $1 $152,025 $275,961 $-152,024
2022 $60,682 $168,830 $830,040 $-108,148
2021 $393,025 $65,519 $852,255 $327,506
2020 $-37,512 $241,339 $464,153 $-278,851
2019 $19,463 $267,315 $557,639 $-247,852
2018 $18,990 $264,582 $1,005,183 $-245,592
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