HEALING PROPERTIES INC (EIN 571107980) - 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

Tax Period

2023-01-01 to 2023-12-31

HEALING PROPERTIES INC, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $51K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $122K exceeded revenue, resulting in a 140% operating deficit.

Mission

HOUSING FOR DISABLED HOMELESS

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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 $0

Program Service Revenue $50,686

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,700

Fundraising Expenses $0

Program Expenses $98,781

Other Expenses $103,187

TOTAL EXPENSES $121,887

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,686	$35,162	+0.4%
Expenses	$121,887	$122,233	0.0%
Net Income	$-71,201	$-87,071	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNY BALL	BOARD MEMBER	1.00	Director	$0	$0	$0
COLLIER TAYLOR	BOARD MEMBER	1.00	Director	$0	$0	$0
ESTER SOSA	PROGRAM COORDINATOR	1.00	Officer	$0	$0	$0
DEBRA QUILLING	CHAIRMAN	8.00	Officer	$0	$0	$0
SALLY E SMITH	TREASUER	0.00	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
2023	$50,686	$121,887	$959,265	$-71,201
2022	$35,162	$74,144	$968,177	$-38,982
2021	$57,931	$131,766	$1,116,465	$-73,835

HEALING PROPERTIES INC