TACOMA HOUSING DEVELOPMENT GROUP (EIN 810557198) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

RICHARD DEITZ

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

TACOMA HOUSING DEVELOPMENT GROUP, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $402K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $475K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO ASSIST AND PERFORM THE FUNCTIONS AND PURPOSES OF THE TACOMA HOUSING AUTHORITY TO SUPPORT AND DEVELOP SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME PURPOSES.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $187,098

Program Service Revenue $25,347

Investment Income $190,033

Other Revenue $0

TOTAL REVENUE $402,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $475,373

Other Expenses $475,373

TOTAL EXPENSES $475,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,478	$496,459	-0.2%
Expenses	$475,373	$963,214	-0.5%
Net Income	$-72,895	$-466,755	-0.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
RICHARD DEITZ	TREASURER	N/A	Officer	$0	$0	$0
SHA PETERSON	SECRETARY	N/A	Officer	$0	$0	$0
KEN SHORT	PRESIDENT	N/A	Officer	$0	$0	$0
ALEY THOMPSON	VICE PRESIDE	N/A	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	$402,478	$475,373	$13,847,886	$-72,895
2023	$496,459	$963,214	$13,939,742	$-466,755
2022	$277,506	$560,545	$14,713,828	$-283,039
2021	$489,136	$665,070	$14,787,652	$-175,934
2020	$99,555	$1,581,890	$15,240,252	$-1,482,335
2019	$120,815	$939,256	$16,393,844	$-818,441
2018	$112,659	$133,562	$806,258	$-20,903

TACOMA HOUSING DEVELOPMENT GROUP