PARTNERSHIP HOUSING INC (EIN 611486773) - 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

2005

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

PARTNERSHIP HOUSING INC, founded in 2005, is a community nonprofit in the Housing & Shelter sector that reported $2.7M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $2.5M left a modest 9% surplus.

Mission

PROVIDE SAFE AND QUALITY HOUSING AND INCREASING HOME OWNERSHIP IN OWSLEY COUNTY, KENTUCKY

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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 $2,547,643

Program Service Revenue $0

Investment Income $194

Other Revenue $167,872

TOTAL REVENUE $2,715,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,870

Fundraising Expenses $0

Program Expenses $2,382,047

Other Expenses $2,373,082

TOTAL EXPENSES $2,471,952

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,715,709	$3,196,937	-0.2%
Expenses	$2,471,952	$1,507,495	+0.6%
Net Income	$243,757	$1,689,442	-0.9%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB MAYES	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN SIZEMORE	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
BRENDA SIZEMORE	DIRECTOR	1.00	Director	$0	$0	$0
CALE TURNER	CHAIRMAN	2.00	Officer	$0	$0	$0
MOLLY TURNER	TREASURER	3.00	Officer	$0	$0	$0
CASSIE HUDSON	EXECUTIVE DIRECTOR	40.00	Highest	$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	$2,715,709	$2,471,952	$7,457,036	$243,757
2022	$3,196,937	$1,507,495	$7,204,519	$1,689,442
2021	$1,184,983	$1,080,302	$4,841,327	$104,681
2020	$1,492,231	$1,024,374	$3,697,143	$467,857
2019	$1,600,691	$1,462,741	$3,298,430	$137,950
2018	$1,448,656	$826,365	$2,457,821	$622,291

PARTNERSHIP HOUSING INC