HOUSTON SRO HOUSING CORPORATION (EIN 760555284) - 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

1998

Legal Domicile

Principal Officer

GARY CHILES

Phone

7135269470

Tax Period

2023-01-01 to 2023-12-31

HOUSTON SRO HOUSING CORPORATION, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $920K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 27% operating deficit.

Mission

HOUSTON SRO HOUSING CORPORATION PROVIDES HOUSING FOR LOWER-INCOME INDIVIDUALS. 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 (2023)

Revenue Breakdown

Contributions & Grants $13,003

Program Service Revenue $907,434

Investment Income $0

Other Revenue $0

TOTAL REVENUE $920,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $305,105

Fundraising Expenses $0

Program Expenses $1,036,845

Other Expenses $862,214

TOTAL EXPENSES $1,167,319

Year-over-Year Comparison

	2023	2022	Change
Revenue	$920,437	$1,009,147	-0.1%
Expenses	$1,167,319	$1,248,689	-0.1%
Net Income	$-246,882	$-239,542	+0.0%

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
GARY W CHILES	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHRIS HUDSON	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
SHANNON DAVIS HUNTER	PRESIDENT	1.00	Officer 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	$920,437	$1,167,319	$3,769,066	$-246,882
2022	$1,009,147	$1,248,689	$3,975,156	$-239,542
2021	$942,786	$1,109,856	$4,294,629	$-167,070
2019	$1,297,435	$1,059,479	$4,448,398	$237,956
2018	$854,044	$954,793	$4,245,576	$-100,749

HOUSTON SRO HOUSING CORPORATION