NORTHWEST KANSAS HOUSING INC (EIN 742811921) - 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

1997

Legal Domicile

Principal Officer

RANDALL J HRABE

Phone

7854212151

Tax Period

2024-01-01 to 2024-12-31

NORTHWEST KANSAS HOUSING INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $694K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $978K exceeded revenue, resulting in a 41% operating deficit.

Mission

NORTHWEST KANSAS HOUSING INC PRIMARY EXEMPT PURPOSE IS TO PROVIDE AND DEVELOP AFFORDABLE HOUSING IN 18 NORTHWEST KANSAS COUNTIES FOR LOW TO MODERATE INCOME HOUEHOLDS.

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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 $692,859

Investment Income $1,391

Other Revenue $0

TOTAL REVENUE $694,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,042

Fundraising Expenses $0

Program Expenses $978,481

Other Expenses $918,439

TOTAL EXPENSES $978,481

Year-over-Year Comparison

	2024	2023	Change
Revenue	$694,250	$398,481	+0.7%
Expenses	$978,481	$976,586	+0.0%
Net Income	$-284,231	$-578,105	-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
ROGER HRABE	PRESIDENT	1.00	Officer	$0	$0	$0
RANDALL J HRABE	SEC/TREAS	10.00	Officer	$0	$0	$0
CHERYL GIBSON	DIRECTOR	1.00	Director	$0	$0	$0
KRIS OLDSEN	DIRECTOR	1.00	Director	$0	$0	$0
DALLAS GOSSELIN	DIRECTOR	1.00	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
2024	$694,250	$978,481	$11,056,879	$-284,231
2023	$398,481	$976,586	$11,428,237	$-578,105
2022	$463,054	$618,759	$9,507,798	$-155,705
2021	$162,693	$298,311	$7,523,511	$-135,618
2020	$-349,569	$471,565	$7,702,952	$-821,134

NORTHWEST KANSAS HOUSING INC