HOUSING ENTERPRISES OF FLORIDA INC

EIN: 592303299 501(c)(3) Housing & Shelter

FORT LAUDERDALE, FL

Total Revenue
$9,172,682
Total Expenses
$9,483,590
Total Assets
$57,237,345
Net Assets
$17,666,161
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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
1983
Legal Domicile
FL
Principal Officer
TAM ENGLISH
Phone
9545256444
Tax Period
2023-01-01 to 2023-12-31

HOUSING ENTERPRISES OF FLORIDA INC, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $9.2M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

COMMUNITY DEVELOPMENT, AFFORDABLE HOUSING

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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 $6,958,523
Investment Income $22,810
Other Revenue $2,191,349
TOTAL REVENUE $9,172,682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,334,296
Other Expenses $9,483,590
TOTAL EXPENSES $9,483,590

Year-over-Year Comparison

2023 2022 Change
Revenue $9,172,682 $10,864,153 -0.2%
Expenses $9,483,590 $11,275,851 -0.2%
Net Income $-310,908 $-411,698 -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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICHOLAS TRANAKAS MD CHAIR 1.00
Officer Director
$0 $0 $0
TAM ENGLISH PRESIDENT/SE 1.00
Officer Director
$0 $0 $0
ANA HERNANDEZ DIRECTOR 1.00
Director
$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
2024 No data No data No data No data
2023 $9,172,682 $9,483,590 $57,237,345 $-310,908
2022 $10,864,153 $11,275,851 $58,051,029 $-411,698
2021 $6,602,797 $6,328,020 $57,300,786 $274,777
2020 $1,477,396 $1,336,615 $14,041,612 $140,781
2019 $1,222,413 $1,045,751 $13,326,695 $176,662
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