VISIONARY HOME BUILDERS OF CALIFORNIA INC (EIN 680062062) - 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

1983

Legal Domicile

Phone

2094666811

Tax Period

2024-01-01 to 2024-12-31

VISIONARY HOME BUILDERS OF CALIFORNIA INC, founded in 1983, is a mid-sized nonprofit that reported $10.7M in total revenue in fiscal year 2024. Revenue surged 267% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.7M, a strong 63% operating margin.

Mission

TO DEVELOP AND MANAGE LOW-INCOME HOUSING PROJECTS AND PROGRAMS

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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 $553,511

Program Service Revenue $2,489,184

Investment Income $0

Other Revenue $7,614,082

TOTAL REVENUE $10,656,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,487,004

Fundraising Expenses $0

Program Expenses $3,518,435

Other Expenses $1,496,764

TOTAL EXPENSES $3,983,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,656,777	$2,906,090	+2.7%
Expenses	$3,983,768	$4,391,005	-0.1%
Net Income	$6,673,009	$-1,484,915	-5.5%

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

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

$299,764

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL ORNELAS	CEO	40.00	Officer	$299,764	$0	$299,764
LE NICOLE	CHIEF FINANCE OFFICER	40.00		$156,535	$0	$156,535
STEPHANIE RODRIGUEZ	COPM	40.00		$129,333	$0	$129,333
OSCAR MEDRANO	VICE PRES. PROPERTY MANAGEMENT	40.00		$126,263	$0	$126,263
JOSE RODRIGUEZ	Sec./Treasurer	2.00	Officer Director	$0	$0	$0
SHANNON HURLES	MEMBER	2.00	Director	$0	$0	$0
LISA BLANCO-JIMENEZ	Chairman	2.00	Officer Director	$0	$0	$0
JASMINE DELLAFOSSE	MEMBER	2.00	Director	$0	$0	$0
SCOTT BIEDERMANN	MEMBER	2.00	Director	$0	$0	$0
WILLIE MITCHELL	MEMBER	2.00	Director	$0	$0	$0
ANNVIET NGUYEN	VICE-CHAIR	2.00	Officer 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	$10,656,777	$3,983,768	$31,249,571	$6,673,009
2023	$2,906,090	$4,391,005	$23,259,230	$-1,484,915
2022	$5,996,081	$4,006,018	$23,336,648	$1,990,063
2021	$5,388,372	$4,033,085	$29,389,175	$1,355,287
2020	$2,347,264	$3,425,212	$25,830,471	$-1,077,948
2019	$4,068,717	$3,279,474	$21,978,741	$789,243
2018	$2,977,229	$3,193,930	$20,600,966	$-216,701

VISIONARY HOME BUILDERS OF CALIFORNIA INC