DURHAM, NC
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)HOUSING FOR NEW HOPE, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $3.6M left a modest 6% surplus.
TO END HOMELESSNESS ONE VALUABLE PERSON AT A TIME
COMMUNITY BASED SUPPORTIVE HOUSING HNH'S COMMUNITY-BASED SUPPORTIVE HOUSING PROGRAMS OFFER BOTH SHORT-TERM (24 MONTHS OR LESS) OPTIONS FOR THOSE WITH FEWER BARRIERS TO HOUSING STABILITY, ALONG WITH...
COMMUNITY BASED SUPPORTIVE HOUSING HNH'S COMMUNITY-BASED SUPPORTIVE HOUSING PROGRAMS OFFER BOTH SHORT-TERM (24 MONTHS OR LESS) OPTIONS FOR THOSE WITH FEWER BARRIERS TO HOUSING STABILITY, ALONG WITH LONG-TERM OPTIONS FOR THOSE WHO FACE MORE COMPLEX BARRIERS IN PARTNERSHIP WITH MORE THAN 30 PRIVATE LANDLORDS ACROSS DURHAM AND THE SURROUNDING AREA. HOUSING NAVIGATORS SUPPORT PARTICIPANTS' SEARCH TO SECURE SAFE, AFFORDABLE HOUSING, WHILE HOUSING STABILITY COORDINATORS SUPPORT CONNECTIONS TO SERVICES THAT WILL ALLOW PARTICIPANTS TO REMAIN STABLY HOUSED FOR THE LONG-HAUL. HNH'S SHORT-TERM COMMUNITY-BASED SUPPORTIVE HOUSING PROGRAMS WERE FORMERLY KNOWN AS RAPID REHOUSING WHILE HNH'S LONG-TERM COMMUNITY-BASED SUPPORTIVE HOUSING PROGRAMS WERE KNOWN AS STREETS TO HOME.
AFFORDABLE HOUSINGHNH'S AFFORDABLE HOUSING COMMUNITIES SERVE INDIVIDUALS AND FAMILIES EARNING LESS THAN 50% OF THE AREA'S MEDIAN INCOME.FAMILIES AND INDIVIDUALS BENEFIT FROM STABLE AND AFFORDABLE...
AFFORDABLE HOUSINGHNH'S AFFORDABLE HOUSING COMMUNITIES SERVE INDIVIDUALS AND FAMILIES EARNING LESS THAN 50% OF THE AREA'S MEDIAN INCOME.FAMILIES AND INDIVIDUALS BENEFIT FROM STABLE AND AFFORDABLE HOUSING AT COLE MILL PLACE, A PROPERTY OFFERING 2 & 3-BEDROOM APARTMENTS, AND HOLLOWAY PLACE, A SEVEN-UNIT CO-HOUSING OPTION FOR SINGLE WOMEN. THE RECENTLY ACQUIRED CARVER CREEK APARTMENTS IS CURRENTLY OPERATING AS AFFORDABLE HOUSING BUT WILL TRANSITION TO SUPPORTIVE HOUSING IN COMING YEARS.
CAMPUS BASED SUPPORTIVE HOUSINGHNH'S CAMPUS-BASED SUPPORTIVE HOUSING PROGRAMS SERVE THOSE WHO FACE COMPLEX BARRIERS TO LONG-TERM HOUSING STABILITY AND WHO BENEFIT FROM LIVING ON A CAMPUS WITH...
CAMPUS BASED SUPPORTIVE HOUSINGHNH'S CAMPUS-BASED SUPPORTIVE HOUSING PROGRAMS SERVE THOSE WHO FACE COMPLEX BARRIERS TO LONG-TERM HOUSING STABILITY AND WHO BENEFIT FROM LIVING ON A CAMPUS WITH INTEGRATED, ON-SITE SERVICES. ANDOVER APARTMENTS IN DOWNTOWN DURHAM AND WILLIAMS SQUARE APARTMENTS SERVE THOSE EXITING LONG-TERM HOMELESSNESS AND LIVING WITH DISABLING CONDITIONS THROUGH HOUSING IN EFFICIENCY APARTMENTS AND ON-SITE SERVICES.
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 | $3,826,833 | $3,025,908 | +0.3% |
| Expenses | $3,602,455 | $3,028,127 | +0.2% |
| Net Income | $224,378 | $-2,219 | -102.1% |
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 |
|---|---|---|---|---|---|---|
| ERICA MADDOX | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS WILLIAMS | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| REV BOB KAYNOR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LIZZY HAZELTINE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JARVIS MARTIN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| REV CHRIS TUTTLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK WILLIAMS | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELA HOLMES | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JEFF MARKO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| MARTHA ARANGO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| EMILY HERNDON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ELIZABETH STYRON HOWZE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| CARMELLA LABIANCA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE SCHRAMM-SAPYTA | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| RUSSELL PIERCE | EXECUTIVE DIRECTOR | 45.00 |
Officer
|
$106,988 | $12,827 | $119,815 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,826,833 | $3,602,455 | $12,170,086 | $224,378 |
| 2023 | $3,025,908 | $3,028,127 | $12,190,188 | $-2,219 |
| 2022 | $3,790,070 | $3,846,211 | $6,208,701 | $-56,141 |
| 2021 | $3,701,593 | $3,282,935 | $6,369,080 | $418,658 |
| 2020 | $2,555,024 | $2,295,602 | $5,721,056 | $259,422 |
| 2019 | $2,484,884 | $2,336,063 | $5,173,415 | $148,821 |
| 2018 | $2,636,410 | $2,377,048 | $5,039,364 | $259,362 |
Compare HOUSING FOR NEW HOPE with other nonprofits in North Carolina and across the country.