HOUSING OPPORTUNITIES MORTGAGE ASSIST & EFFECTIVE NEIGHBORHOOD SOLUTIONS INC (EIN 650870180) - 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

1998

Legal Domicile

Principal Officer

LINDA M TAYLOR

Phone

9545635454

Tax Period

2024-07-01 to 2025-06-30

HOUSING OPPORTUNITIES MORTGAGE ASSIST & EFFECTIVE NEIGHBORHOOD SOLUTIONS INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Net assets of $6.4M represent 27 months of operating reserves.

Mission

TO PROVIDE QUALITY COMMUNITY AND ECONOMIC DEVELOPMENT, BENEFITING AT RISK AND DISADVANTAGED RESIDENTS AND NEIGHBORHOODS IN BROWARD COUNTY, FL.

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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 $2,100,023

Program Service Revenue $341,223

Investment Income $0

Other Revenue $395,025

TOTAL REVENUE $2,836,271

Expense Breakdown

Grants Paid $894,708

Salaries & Benefits $988,930

Fundraising Expenses $144,669

Program Expenses $2,700,270

Other Expenses $1,079,092

TOTAL EXPENSES $2,962,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,836,271	$2,079,245	+0.4%
Expenses	$2,962,730	$2,081,559	+0.4%
Net Income	$-126,459	$-2,314	+53.6%

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

$302,281

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA BESSEMER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
BRAD BREWSTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC SERVAITES	TREASURER/SECRETARY	1.00	Director	$0	$0	$0
JULIE BLACKMORE	DIRECTOR	1.00	Director	$0	$0	$0
MARIE MCGINLEY	DIRECTOR	1.00	Director	$0	$0	$0
WENDY JERKINS	DIRECTOR	1.00	Director	$0	$0	$0
DR ADLAI PAPPY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GRAVES	DIRECTOR	1.00	Director	$0	$0	$0
LINDA M TAYLOR	CEO/EXECUTIVE DIRECTOR	40.00	Officer	$171,378	$18,077	$189,455
RONIT AMIR-CAMPOS	CFO/TREASURER	40.00	Officer	$98,509	$14,317	$112,826

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	$2,836,271	$2,962,730	$9,816,875	$-126,459
2024	No data	No data	No data	No data
2023	$1,606,365	$1,616,151	$9,766,919	$-9,786
2022	$893,564	$1,027,581	$9,898,573	$-134,017
2021	$1,230,827	$1,231,442	$4,623,977	$-615
2020	$1,199,599	$1,203,215	$4,827,820	$-3,616
2019	$1,184,940	$1,358,826	$5,192,022	$-173,886
2018	$1,306,904	$1,296,852	$5,330,182	$10,052

HOUSING OPPORTUNITIES MORTGAGE ASSIST & EFFECTIVE NEIGHBORHOOD SOLUTIONS INC