DIVERSE HOUSING SERVICES INC (EIN 833719398) - 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

2019

Legal Domicile

Principal Officer

RAMONA HYSON

Phone

2022561648

Tax Period

2024-01-01 to 2024-12-31

DIVERSE HOUSING SERVICES INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $491K in total revenue in fiscal year 2024. Expenses of $583K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE ORGANIZATION PROVIDES LOW-INCOME HOUSING FOR DOMESTIC FARM WORKERS LOCATED IN PAHOKEE, FLORIDA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $207,290

Program Service Revenue $266,319

Investment Income $0

Other Revenue $17,883

TOTAL REVENUE $491,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,092

Fundraising Expenses $0

Program Expenses $442,797

Other Expenses $493,913

TOTAL EXPENSES $583,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$491,492	$463,977	+0.1%
Expenses	$583,005	$492,162	+0.2%
Net Income	$-91,513	$-28,185	+2.2%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAMONA HYSON	PRESIDENT/TREASURER	10.00	Officer Director	$0	$0	$0
GREGORY HYSON	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
TAWANA SHAW	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN NELSON	DIRECTOR	1.00	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	$491,492	$583,005	$1,734,064	$-91,513
2023	$463,977	$492,162	$592,142	$-28,185
2022	$427,032	$416,449	$621,587	$10,583
2021	$381,973	$392,184	$576,572	$-10,211
2020	$180,393	$191,586	$571,994	$-11,193
2020	$180,393	$191,586	$571,994	$-11,193

DIVERSE HOUSING SERVICES INC