INDELIBLE HOUSING INC

EIN: 832347693 501(c)(3) Housing & Shelter

WASHINGTON, DC

Total Revenue
$-151,418
Total Expenses
$24,288
Total Assets
$2,164,283
Net Assets
$1,359,688
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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
2018
Legal Domicile
IA
Principal Officer
RICHARD I KNAPP
Phone
2404999665
Tax Period
2023-01-01 to 2023-12-31

INDELIBLE HOUSING INC, founded in 2018, is a micro nonprofit in the Housing & Shelter sector that reported $151K in total revenue in fiscal year 2023. Revenue fell 121% from the prior year — a significant decline worth monitoring.

Mission

PROVIDING AFFORDABLE, BELOW MARKET HOUSING TO LOW INCOME AND ELDERLY INDIVIDUALS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,599
Program Service Revenue $0
Investment Income $1,516
Other Revenue $-189,533
TOTAL REVENUE $-151,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,288
Other Expenses $24,288
TOTAL EXPENSES $24,288

Year-over-Year Comparison

2023 2022 Change
Revenue $-151,418 $707,713 -1.2%
Expenses $24,288 $8,109 +2.0%
Net Income $-175,706 $699,604 -1.3%
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

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Governance

Voting Members
3
Independent Members
2
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRANT PRESTON SECRETARY 0.00
Officer Director
$0 $0 $0
KOFI MEROE TREASURER 0.00
Officer Director
$0 $0 $0
RICHARD I KNAPP PRESIDENT 0.00
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 No data No data No data No data
2023 $-151,418 $24,288 $2,164,283 $-175,706
2022 $707,713 $8,109 $1,131,038 $699,604
2021 $881,775 $735,647 $3,674,676 $146,128
2020 $1,491,378 $514,876 $3,344,860 $976,502
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