HOUSING EDUCATION AND ECONOMIC DEVELOPMENT INC (EIN 640786311) - 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

1989

Legal Domicile

Principal Officer

Charles Harris

Phone

6019811960

Tax Period

2025-01-01 to 2025-12-31

HOUSING EDUCATION AND ECONOMIC DEVELOPMENT INC, founded in 1989, is a small nonprofit in the Housing & Shelter sector that reported $566K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $506K left a modest 11% surplus.

Mission

To keep the public aware of Fair Housing and Fair Lending laws and other housing issues, such as Foreclosures, Predatory Lending, and First Time buyers information.

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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 (2025)

Revenue Breakdown

Contributions & Grants $562,762

Program Service Revenue $3,725

Investment Income $0

Other Revenue $0

TOTAL REVENUE $566,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $402,025

Fundraising Expenses $0

Program Expenses $505,509

Other Expenses $103,484

TOTAL EXPENSES $505,509

Year-over-Year Comparison

	2025	2024	Change
Revenue	$566,487	$480,616	+0.2%
Expenses	$505,509	$540,283	-0.1%
Net Income	$60,978	$-59,667	-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

$148,075

Total Directors

Key Employees

$128,050

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Harris	Executive Director	50	Officer	$148,075	$0	$148,075
Rene Gallor	Fair Housing Enforcement Director	40	Key Emp	$128,050	$0	$128,050
Sherry Rainey	Board President	1	Director	$0	$0	$0
Ursula Thompson	Board Member	1	Director	$0	$0	$0
David Hancock	Board Member	1	Director	$0	$0	$0
Sam Buchanan	Board Member	1	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	$566,487	$505,509	$269,162	$60,978
2024	$480,616	$540,283	$217,403	$-59,667
2023	$615,759	$514,545	$301,162	$101,214
2022	$557,178	$446,029	$201,482	$111,149
2021	$473,043	$468,750	$106,736	$4,293
2020	$376,307	$359,014	$87,703	$17,293

HOUSING EDUCATION AND ECONOMIC DEVELOPMENT INC