EMERALD HOUSING INC (EIN 830243441) - 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

1981

Legal Domicile

Principal Officer

MICHELLE MUIR

Phone

3078773590

Tax Period

2023-01-01 to 2023-12-31

EMERALD HOUSING INC, founded in 1981, is a small nonprofit that reported $156K in total revenue in fiscal year 2023. The organization ran a surplus of $53K, a strong 34% operating margin.

Mission

TO CONSTRUCT AND OPERATE A RENTAL HOUSING PROPERTY FOR LOW INCOME ELDERLY, HANDICAPPED AND DISABLED INDIVIDUALS THROUGH HUD.

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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 $116,745

Program Service Revenue $37,839

Investment Income $266

Other Revenue $1,025

TOTAL REVENUE $155,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,867

Other Expenses $102,485

TOTAL EXPENSES $102,485

Year-over-Year Comparison

	2023	2022	Change
Revenue	$155,875	$156,028	0.0%
Expenses	$102,485	$124,804	-0.2%
Net Income	$53,390	$31,224	+0.7%

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	Role	Reportable Comp	Other Comp	Total
MICHELLE MUIR	PRESIDENT	Officer Director	$0	$0	$0
HEATHER GREGORY	VICE PRESIDENT	Officer Director	$0	$0	$0
WENDY POTTS	SECRETARY	Officer Director	$0	$0	$0
KELLY BLUE	BOARD MEMBER	Director	$0	$0	$0
MIKE NELSON	BOARD MEMBER	Director	$0	$0	$0
CINDY VETOS	BOARD MEMBER	Director	$0	$0	$0
MIKE KOHOUT	BOARD MEMBER	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	$155,875	$102,485	$193,340	$53,390
2022	$156,028	$124,804	$139,690	$31,224
2021	$175,926	$150,246	$108,836	$25,680
2020	$175,937	$134,875	$128,205	$41,062
2019	$196,384	$179,125	$147,165	$17,259
2018	$202,554	$188,985	$184,988	$13,569

EMERALD HOUSING INC