HOUSTON HEIGHTS TOWER CORPORATION (EIN 741711362) - 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

1972

Legal Domicile

Principal Officer

LEONARD WILKIN

Phone

7135269470

Tax Period

2024-06-01 to 2025-05-31

HOUSTON HEIGHTS TOWER CORPORATION, founded in 1972, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

HOUSTON HEIGHTS TOWER CORPORATION PROVIDES HOUSING UNITS FOR THE ELDERLY THROUGH A HUD ASSISTED PROGRAM. ALL PROGRAM SERVICES ARE RELATED TO THIS ACTIVITY.

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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 $1,684,195

Investment Income $-49,391

Other Revenue $14,393

TOTAL REVENUE $1,649,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,089

Fundraising Expenses $0

Program Expenses $1,725,714

Other Expenses $1,507,602

TOTAL EXPENSES $1,880,691

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,649,197	$1,638,687	+0.0%
Expenses	$1,880,691	$1,798,941	+0.0%
Net Income	$-231,494	$-160,254	+0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD WILKIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE GOLDSBY	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
SARRAH MOSELEY	TREASURER	0.25	Officer Director	$0	$0	$0
JUDI VAN HORN	SECRETARY	0.25	Director	$0	$0	$0
JO KELLEY PARISH	DIRECTOR	0.25	Director	$0	$0	$0
PASTOR JONATHAN NANTAIS	DIRECTOR	0.25	Director	$0	$0	$0
RECTOR REV JIMMY GRACE	DIRECTOR	0.25	Director	$0	$0	$0
ALICE GRABLE	DIRECTOR	0.25	Director	$0	$0	$0
GINA TUTTLE	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL NEWHOUSE	DIRECTOR	0.25	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	$1,649,197	$1,880,691	$11,190,965	$-231,494
2024	$1,638,687	$1,798,941	$11,532,127	$-160,254
2023	$1,590,794	$1,804,564	$11,927,044	$-213,770
2022	$1,586,830	$1,783,413	$12,149,037	$-196,583
2021	$1,509,013	$1,666,184	$11,989,723	$-157,171

HOUSTON HEIGHTS TOWER CORPORATION