HOUSING FOR HOMELESS INC

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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

1989

Legal Domicile

Principal Officer

ANNA MARIA CURRY

Phone

3216390166

Tax Period

2023-01-01 to 2023-12-31

HOUSING FOR HOMELESS INC, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $2.8M left a modest 5% surplus.

Mission

TO INCREASE AND PROVIDE AFFORDABLE, ACCESSIBLE, AND QUALITY HOUSING SOLUTIONS AND SUPPORTIVE SERVICES THAT PROMOTE SELF-SUFFICIENCY AND INDEPENDENCE FOR VETERANS, INDIVIDUALS, AND FAMILIES EXPERIENCING HOUSING INSTABILITY AND HOMELESSNESS.

Program Service Accomplishments

Program 1

Expenses: $2,379,927 Revenue: $864,642

PROVIDE PERMANENT HOUSING WITH SUPPORT SERVICES TO VERY LOW TO MODERATE INCOME AND HOMELESS PERSONS IN BREVARD COUNTY, FLORIDA. HUD HOUSING PROGRAMS: THESE PROGRAMS SUPPORTS THE PROVISION OF 26 OWNED AND 23 LEASED PROPERTIES FOR HOMELESS TENANTS. DISABLED CLIENTS CAN REMAIN AS LONG AS THEY CANNOT AFFORD TO FIND ALTERNATIVE HOUSING. AVERAGE NUMBER OF TOTAL CLIENTS SERVED IS 150. GRANT PER DIEM VA PROGRAM: THE PROGRAM SUPPORTS THE PROVISION OF HOUSING FOR UP TO 31 VETERANS FOR A PERIOD OF TWO YEARS.

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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 $1,874,573

Program Service Revenue $864,642

Investment Income $135,030

Other Revenue $117,036

TOTAL REVENUE $2,991,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $979,164

Fundraising Expenses $0

Program Expenses $2,379,927

Other Expenses $1,864,834

TOTAL EXPENSES $2,843,998

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,991,281	$1,945,870	+0.5%
Expenses	$2,843,998	$2,089,348	+0.4%
Net Income	$147,283	$-143,478	-2.0%

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

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

$86,795

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB CRAMP	EXECUTIVE DI	40.00	Officer	$86,795	$0	$86,795
ANNA MARIA CURRY	PRESIDENT	5.00	Officer Director	$0	$0	$0
ELEANOR GARRIGA	SECRETARY	5.00	Officer Director	$0	$0	$0
THOMAS HIGHSMITH	DIRECTOR	5.00	Director	$0	$0	$0
JOYA KAYE HOFFARD	DIRECTOR	5.00	Director	$0	$0	$0
CATHERINE OURAND	DIRECTOR	5.00	Director	$0	$0	$0
JAIME RHUDE	DIRECTOR	5.00	Director	$0	$0	$0
BELINDA ROWE	DIRECTOR	5.00	Director	$0	$0	$0
ASHLEY STOCKRAHM	DIRECTOR	5.00	Director	$0	$0	$0
CHRISTIAN VARGAS	DIRECTOR	5.00	Director	$0	$0	$0
JOHN VENICE	VICE PRESIDE	5.00	Officer 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	$2,991,281	$2,843,998	$4,252,896	$147,283
2022	$1,945,870	$2,089,348	$4,170,066	$-143,478
2021	$1,992,350	$1,966,064	$4,327,723	$26,286
2020	$2,365,368	$1,702,918	$4,470,255	$662,450
2019	$1,358,684	$1,529,295	$3,738,465	$-170,611
2018	$1,347,685	$1,638,933	$3,933,765	$-291,248