HOUSING AUTHORITY OF OLIVE HILL KY

EIN: 611030062 501(c)(3) Housing & Shelter

OLIVE HILL, KY

Total Revenue
$257,041
Total Expenses
$226,844
Total Assets
$388,387
Net Assets
$-635,338
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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
1984
Legal Domicile
KY
Principal Officer
STARLENE HARRIS
Phone
6062864721
Tax Period
2022-07-01 to 2023-06-30

HOUSING AUTHORITY OF OLIVE HILL KY, founded in 1984, is a small nonprofit in the Housing & Shelter sector that reported $257K in total revenue in fiscal year 2022. Expenses of $227K left a modest 12% surplus.

Mission

TO PROVIDE LOW AND MODERATE HOUSING TO THE ELDERLY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $256,924
Investment Income $117
Other Revenue $0
TOTAL REVENUE $257,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,147
Fundraising Expenses $0
Program Expenses $226,844
Other Expenses $136,697
TOTAL EXPENSES $226,844

Year-over-Year Comparison

2022 2021 Change
Revenue $257,041 $247,957 +0.0%
Expenses $226,844 $181,606 +0.2%
Net Income $30,197 $66,351 -0.5%
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
4
Independent Members
4
Employees
3
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUE ADKINS MEMBER N/A
Director
$0 $0 $0
JERRY CALLIHAN MEMBER N/A
Director
$0 $0 $0
MARY JORDAN MEMBER N/A
Director
$0 $0 $0
JANE QUALLS MEMBER N/A
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
2025 No data No data No data No data
2023 $257,041 $226,844 $388,387 $30,197
2022 $247,957 $181,606 $373,512 $66,351
2021 $278,911 $169,539 $398,650 $109,372
2020 $224,422 $239,522 $281,479 $-15,100
2019 $265,159 $238,152 $337,348 $27,007
2018 $289,372 $280,210 $326,801 $9,162
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