NEIGHBORHOOD HOUSING INC (EIN 621771501) - 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

2001

Legal Domicile

Principal Officer

CHRISTOPHER MARTIN

Phone

8655242774

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD HOUSING INC, founded in 2001, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring.

Mission

IT IS THE MISSION OF NEIGHBORHOOD HOUSING TO PROVIDE AND RESTORE CLEAN, AFFORDABLE, SINGLE-FAMILY HOUSING. THE ORGANIZATION ACHIEVES THIS MISSION THROUGH ITS NEW HOUSING PROGRAM AND THROUGH ITS HOME REPAIR PROGRAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,284,736

Program Service Revenue $0

Investment Income $1,680

Other Revenue $21

TOTAL REVENUE $1,286,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $348,676

Fundraising Expenses $41,374

Program Expenses $1,180,599

Other Expenses $943,677

TOTAL EXPENSES $1,292,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,286,437	$2,082,356	-0.4%
Expenses	$1,292,353	$2,093,867	-0.4%
Net Income	$-5,916	$-11,511	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

1815

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

$233,420

Total Directors

$233,420

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER MARTIN	PRESIDENT/BOARD CHAIR	3.00	Officer Director	$0	$73,420	$233,420
DR BRAD CARTER	BOARD MEMBER	2.00	Director	$0	$0	$0
BAFFIN HARPER	SECRETARY	2.00	Officer Director	$0	$0	$0
BILL REAGAN	BOARD MEMBER	2.00	Director	$0	$0	$0
REGINALD STRONG	BOARD MEMBER	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	$1,286,437	$1,292,353	$539,502	$-5,916
2023	$2,082,356	$2,093,867	$458,540	$-11,511
2022	$2,649,099	$2,318,188	$623,320	$330,911
2021	$2,551,119	$2,478,688	$911,369	$72,431
2020	$1,278,191	$1,409,370	$1,004,208	$-131,179
2019	$1,347,282	$1,459,856	$979,258	$-112,574
2018	$1,524,760	$1,580,491	$917,882	$-55,731

NEIGHBORHOOD HOUSING INC