SPECIAL HOUSING AND HOMEOWNERSHIP INC

EIN: 582418093 501(c)(3) Housing & Shelter

ATLANTA, GA

Total Revenue
$5,469
Total Expenses
$230,355
Total Assets
$11,424
Net Assets
$-77,629
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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
1998
Legal Domicile
GA
Principal Officer
ABDEL ALTAMIMI
Phone
4048924700
Tax Period
2024-07-01 to 2025-06-30

SPECIAL HOUSING AND HOMEOWNERSHIP INC, founded in 1998, is a micro nonprofit in the Housing & Shelter sector that reported $5K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $230K exceeded revenue, resulting in a 4112% operating deficit.

Mission

DEVELOP/MAINTAIN/IMPLEMENT PROGRAMS TO ASSIST INCOME-ELIGIBLE INDIVIDUALS IN HOME OWNERSHIP

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $5,469
TOTAL REVENUE $5,469

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $226,657
Other Expenses $230,355
TOTAL EXPENSES $230,355

Year-over-Year Comparison

2024 2023 Change
Revenue $5,469 $4,936 +0.1%
Expenses $230,355 $202 +1139.4%
Net Income $-224,886 $4,734 -48.5%
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

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
5
$1,196,541
Total Directors
8
$462,811
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI M LEE PRESIDENT & CEO 0.25
Officer Director
$0 $51,176 $462,811
LARRY STEWART CHAIRMAN 0.05
Officer Director
$0 $0 $0
JOEL ALVARADO BOARD MEMBER 0.05
Director
$0 $0 $0
ROSALIND ELLIOTT BOARD MEMBER 0.05
Director
$0 $0 $0
TONY MARTIN BOARD MEMBER 0.05
Director
$0 $0 $0
DURIYA FAROOQUI BOARD MEMBER (THRU 6/25/25) 0.05
Director
$0 $0 $0
DOUGLAS HOOKER BOARD MEMBER (THRU 10/2024) 0.05
Director
$0 $0 $0
SARAH KIRSCH BOARD MEMBER (THRU 10/2024) 0.05
Director
$0 $0 $0
LISA WASHINGTON SECRETARY & GENERAL COUNSEL 0.25
Officer
$0 $47,082 $271,380
HEATHER ANCRUM ASST SECRETARY & DEP GENERAL COUNSEL 0.25
Officer
$0 $31,093 $224,258
FENICE TAYLOR TREASURER & CFO 0.25
Officer
$0 $35,140 $238,092
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 $5,469 $230,355 $11,424 $-224,886
2024 $4,936 $202 $6,567 $4,734
2023 $6,721 No data $1,368,833 No data
2022 $3,835 $223 $1,362,112 $3,612
2021 $12,580 $11,971 $1,359,815 $609
2020 $34,395 $22,029 $1,357,951 $12,366
2019 $25,061 $22,983 $1,345,525 $2,078
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