HOUSTON APARTMENT FOUNDATION INC

EIN: 741997269 501(c)(3) Education

HOUSTON, TX

Total Revenue
$1,143,733
Total Expenses
$1,170,465
Total Assets
$2,466,785
Net Assets
$2,328,345
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
TX
Principal Officer
CASEY MORGAN
Phone
7135950300
Tax Period
2023-01-01 to 2023-12-31

HOUSTON APARTMENT FOUNDATION INC, founded in 1978, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $2.3M represent 24 months of operating reserves.

Mission

PROVIDE EDUCATION AND TRAINING TO THE MULTI-HOUSING INDUSTRY IN THE GREATER HOUSTON AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $948,549
Investment Income $2,800
Other Revenue $192,384
TOTAL REVENUE $1,143,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $281,959
Fundraising Expenses $20,977
Program Expenses $1,061,092
Other Expenses $888,506
TOTAL EXPENSES $1,170,465

Year-over-Year Comparison

2023 2022 Change
Revenue $1,143,733 $1,022,396 +0.1%
Expenses $1,170,465 $958,744 +0.2%
Net Income $-26,732 $63,652 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
55
Independent Members
55
Employees
54
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
11
$668,846
Total Directors
54
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY MORGAN CEO 10.00
Officer
$0 $9,330 $302,738
SUSAN HINKLEY VP OPERATIONS 10.00
Officer
$0 $9,149 $186,865
TREY WIMBERLY CFO 10.00
Officer
$0 $3,410 $179,243
RYAN TERRELL VP AT LARGE 0.25
Officer Director
$0 $0 $0
STEPHANIE GRAVES PRESIDENT 1.00
Officer Director
$0 $0 $0
GINA ERWIN PRESIDENT ELECT 0.25
Officer Director
$0 $0 $0
DIANE GILBERT DIRECTOR 0.25
Director
$0 $0 $0
MONICA GRACIA DIRECTOR 0.25
Director
$0 $0 $0
CHRISTY RODRIGUEZ IMMEDIATE PAST PRESIDENT 0.25
Officer Director
$0 $0 $0
LOYAL PROFFIT VICE PRESIDENT AT LARGE 0.25
Officer Director
$0 $0 $0
SHELLEY WATSON SECRETARY/ TREASURER 0.25
Officer Director
$0 $0 $0
QUINTINA WILLIS VICE PRESIDENT AT LARGE 0.25
Officer Director
$0 $0 $0
TRACIE YODER VICE PRESIDENT AT LARGE 0.25
Officer Director
$0 $0 $0
MACK ARMSTRONG DIRECTOR 0.25
Director
$0 $0 $0
JULIE BATCHE DIRECTOR 0.25
Director
$0 $0 $0
KRISTEN BECKER DIRECTOR 0.25
Director
$0 $0 $0
JOHN BORIACK DIRECTOR 0.25
Director
$0 $0 $0
JILL BOUNDS DIRECTOR 0.25
Director
$0 $0 $0
KYLE BROWN DIRECTOR 0.25
Director
$0 $0 $0
TINA CAVACO DIRECTOR 0.25
Director
$0 $0 $0
TERRI CLIFTON DIRECTOR 0.25
Director
$0 $0 $0
MICHELLE CROASMUN DIRECTOR 0.25
Director
$0 $0 $0
DEBORAH DEROUEN DIRECTOR 0.25
Director
$0 $0 $0
DEREK DEVRIES DIRECTOR 0.25
Director
$0 $0 $0
SCOTT DOUGLAS DIRECTOR 0.25
Director
$0 $0 $0
TAMARA FOSTER DIRECTOR 0.25
Director
$0 $0 $0
MELISSA FRIEND DIRECTOR 0.25
Director
$0 $0 $0
MANU GUPTA DIRECTOR 0.25
Director
$0 $0 $0
KAREN HEFNER DIRECTOR 0.25
Director
$0 $0 $0
CLAY HICKS DIRECTOR 0.25
Director
$0 $0 $0
DEBORAH HOLCOMBE DIRECTOR 0.25
Director
$0 $0 $0
CRYSTAL JACKSON DIRECTOR 0.25
Director
$0 $0 $0
DEBBIE KELM DIRECTOR 0.25
Director
$0 $0 $0
JACOB KUNATH DIRECTOR 0.25
Director
$0 $0 $0
BARBY LAKE DIRECTOR 0.25
Director
$0 $0 $0
DAVID LINDLEY DIRECTOR 0.25
Director
$0 $0 $0
BETSY MARSHALL DIRECTOR 0.25
Director
$0 $0 $0
KRISTIN MCLAUGHLIN DIRECTOR 0.25
Director
$0 $0 $0
CANDIS MOHR DIRECTOR 0.25
Director
$0 $0 $0
KATY MYRICK DIRECTOR 0.25
Director
$0 $0 $0
CARLOS NETO DIRECTOR 0.25
Director
$0 $0 $0
JENIFER PANERAL DIRECTOR 0.25
Director
$0 $0 $0
ANGELA KUMAR PARIKH DIRECTOR 0.25
Director
$0 $0 $0
MARK PARK DIRECTOR 0.25
Director
$0 $0 $0
VELISSA PARMER DIRECTOR 0.25
Director
$0 $0 $0
MICHELLE PAWELEK DIRECTOR 0.25
Director
$0 $0 $0
JOSEPH RODRIGUEZ DIRECTOR 0.25
Director
$0 $0 $0
INGRID SCHULTZ DIRECTOR 0.25
Director
$0 $0 $0
KELLY SCOTT DIRECTOR 0.25
Director
$0 $0 $0
CORRI SMITH DIRECTOR 0.25
Director
$0 $0 $0
BLAISE SPITALERI DIRECTOR 0.25
Director
$0 $0 $0
PENNY SPRANG DIRECTOR 0.25
Director
$0 $0 $0
KELLY SUESS DIRECTOR 0.25
Director
$0 $0 $0
BEBBIE SULZER DIRECTOR 0.25
Director
$0 $0 $0
STARLA TURNBO DIRECTOR 0.25
Director
$0 $0 $0
RICHARD WALL DIRECTOR 0.25
Director
$0 $0 $0
RICHARD WHATCOTT 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
2024 No data No data No data No data
2023 $1,143,733 $1,170,465 $2,466,785 $-26,732
2022 $1,022,396 $958,744 $2,549,624 $63,652
2021 $680,062 $697,819 $2,461,146 $-17,757
2020 $689,683 $768,982 $2,533,651 $-79,299
2019 $998,994 $978,983 $2,648,439 $20,011
2018 $1,032,406 $1,009,781 $2,651,343 $22,625
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOUSTON APARTMENT FOUNDATION INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.