HOC LENDING INC (EIN 822154953) - 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

2017

Legal Domicile

Principal Officer

JAMES PALEY

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

HOC LENDING INC, founded in 2017, is a micro nonprofit in the Housing & Shelter sector that reported $22K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 35% operating margin.

Mission

TO PROVIDE LOW COST FINANCING TO LOW INCOME FAMILIES

🔒

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 $1,008

Program Service Revenue $12,093

Investment Income $0

Other Revenue $9,219

TOTAL REVENUE $22,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,443

Other Expenses $14,443

TOTAL EXPENSES $14,443

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,320	$171,497	-0.9%
Expenses	$14,443	$179,762	-0.9%
Net Income	$7,877	$-8,265	-2.0%

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

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
GLENN DAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROL HELLER	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
SARAH MCQUEEN	TREASURER	2.00	Officer Director	$0	$0	$0
MONIKA MITTELHOLZER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES PALEY	EXECUTIVE DI	2.00	Officer Director	$0	$0	$0
JACQUELYN PHEANIOUS	BOARD MEMBER	2.00	Director	$0	$0	$0
LESLIE RADCLIFFE	PRESIDENT	2.00	Officer Director	$0	$0	$0
VIRGINIA STEVENSON	SECRETARY	2.00	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	$22,320	$14,443	$456,369	$7,877
2023	$171,497	$179,762	$963,303	$-8,265
2022	$144,586	$164,341	$911,743	$-19,755
2021	$583,035	$117,751	$890,251	$465,284

HOC LENDING INC