REDI IV (EIN 742368996) - 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

1988

Legal Domicile

Principal Officer

STEVE HINSON

Phone

3038307885

Tax Period

2024-04-01 to 2025-03-31

REDI IV, founded in 1988, is a small nonprofit that reported $172K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $191K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR THE LOW-INCOME, CHRONICALLY MENTALLY ILL.

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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 $119,082

Program Service Revenue $51,717

Investment Income $662

Other Revenue $254

TOTAL REVENUE $171,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,693

Fundraising Expenses $0

Program Expenses $135,103

Other Expenses $159,582

TOTAL EXPENSES $191,275

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,715	$264,285	-0.4%
Expenses	$191,275	$231,187	-0.2%
Net Income	$-19,560	$33,098	-1.6%

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
TERRY BARNARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDRA GOLDHABER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HEATHER IDEN	TREASURER	1.00	Officer Director	$0	$0	$0
DIEGO KISSACK	SECRETARY	1.00	Officer Director	$0	$0	$0
CRAIG STACK	DIRECTOR	1.00	Director	$0	$0	$0
TRESA BURKE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HINSON	EXECUTIVE DIRECTOR	2.00	Officer	$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	$171,715	$191,275	$183,607	$-19,560
2024	$264,285	$231,187	$679,203	$33,098
2023	$259,881	$257,198	$675,783	$2,683
2022	$280,591	$271,129	$647,883	$9,462
2021	$262,725	$230,572	$600,615	$32,153
2020	$256,229	$217,523	$596,372	$38,706
2019	$254,028	$249,762	$569,813	$4,266
2018	$248,056	$201,622	$634,631	$46,434

REDI IV