VI HOUSING REVITALIZATION CORP (EIN 660791854) - 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

2014

Legal Domicile

Principal Officer

DWAYNE ALEXANDER

Phone

3407157302

Tax Period

2024-01-01 to 2024-12-31

VI HOUSING REVITALIZATION CORP, founded in 2014, is a micro nonprofit in the Housing & Shelter sector that reported $68K in total revenue in fiscal year 2024. Revenue surged 14771% from the prior year, signaling strong growth momentum. Expenses of $292K exceeded revenue, resulting in a 327% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO DISTRESSED AND UNDERPRIVILEGED CITIZENS.

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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 $0

Program Service Revenue $67,484

Investment Income $773

Other Revenue $0

TOTAL REVENUE $68,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,075

Fundraising Expenses $0

Other Expenses $56,489

TOTAL EXPENSES $291,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,257	$459	+147.7%
Expenses	$291,564	$102,305	+1.8%
Net Income	$-223,307	$-101,846	+1.2%

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

N/A

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

$100,383

Total Directors

$100,383

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DWAYNE ALEXANDER	CPM SECRETARY	4.00	Officer Director	$0	$0	$100,383
ASHLEY ARCHIBALD	VICE CHAIR	1.00	Director	$0	$0	$0
NOREEN MICHAEL	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JANIS VALMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
DINA PERRY-MALONE	BOARD MEMBER	1.00	Director	$0	$0	$0
AVERIL E GEORGE	BOARD MEMBER	1.00	Director	$0	$0	$0
EUGENE JONES JR	BOARD MEMBER	1.00	Director	$0	$0	$0
SIMBA ABIFF	CHAIR	1.00	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	$68,257	$291,564	$10,162	$-223,307
2023	$459	$102,305	$193,633	$-101,846
2022	$573,100	$1,348,455	$83,744	$-775,355

VI HOUSING REVITALIZATION CORP