NORTHWEST REGIONAL HOUSING DEVELOPMENT CORPORATION (EIN 710830615) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

LARRY PHILLIPS

Phone

8707415522

Tax Period

2023-01-01 to 2023-12-31

NORTHWEST REGIONAL HOUSING DEVELOPMENT CORPORATION, founded in 1999, is a micro nonprofit in the Housing & Shelter sector that reported $21K in total revenue in fiscal year 2018. Revenue decreased 12% compared to the prior year. Expenses of $46K exceeded revenue, resulting in a 116% operating deficit.

Mission

TO ASSIST WITH THE LOCATION AND DEVELOPMENT OF LOW INCOME HOUSING PROJECTS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,058

Other Revenue $0

TOTAL REVENUE $3,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $20,989

TOTAL EXPENSES $20,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,058	$3,271	-0.1%
Expenses	$20,989	$37,490	-0.4%
Net Income	$-17,931	$-34,219	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY PHILLIPS	PRESIDENT	4.00	Officer Director	$0	$0	$0
NEAL GIBSON	EXEC. DIR/SECRETARY	20.00	Officer Director	$0	$0	$0
MARK NELSON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KASSANDRA WHORTON	DIRECTOR	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	No data	No data	No data	No data
2023	$3,058	$20,989	$277,857	$-17,931
2022	$3,271	$37,490	$292,172	$-34,219
2021	$1,756	$42,442	$328,392	$-40,686
2020	$71,240	$40,077	$364,665	$31,163
2019	$77,303	$82,990	$333,235	$-5,687
2018	$21,290	$45,975	$349,174	$-24,685

NORTHWEST REGIONAL HOUSING DEVELOPMENT CORPORATION