HOUSING INDEPENDENCE INC (EIN 593285857) - 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

1994

Legal Domicile

Principal Officer

BOB OROSZ

Phone

8139851994

Tax Period

2023-10-01 to 2024-09-30

HOUSING INDEPENDENCE INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $466K in total revenue in fiscal year 2023.

Mission

PROVIDE LOW AND VERY LOW INCOME 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $418,891

Investment Income $18,110

Other Revenue $29,287

TOTAL REVENUE $466,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,447

Fundraising Expenses $0

Program Expenses $394,603

Other Expenses $231,394

TOTAL EXPENSES $467,841

Year-over-Year Comparison

	2023	2022	Change
Revenue	$466,288	$440,570	+0.1%
Expenses	$467,841	$450,574	+0.0%
Net Income	$-1,553	$-10,004	-0.8%

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

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

Total Directors

Key Employees

$78,682

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB OROSZ	HOUSING SVC DIRECTOR	40.00	Key Emp Highest	$78,682	$0	$78,682
DEBI SCHAIBLY	PRESIDENT	10.00	Director	$0	$0	$0
DAVID GONDREAU	VICE PRESIDENT	2.00	Director	$0	$0	$0
MELINTHA GONDREAU	SECRETARY	2.00	Director	$0	$0	$0
CHRIS LANITIS	TREASURER	2.00	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	$466,288	$467,841	$843,897	$-1,553
2023	$440,570	$450,574	$838,562	$-10,004
2022	$435,600	$414,390	$848,879	$21,210
2021	$412,103	$402,897	$826,717	$9,206
2020	$388,753	$390,320	$817,869	$-1,567
2019	$407,166	$360,374	$820,873	$46,792
2018	$384,141	$321,586	$853,858	$62,555

HOUSING INDEPENDENCE INC