LGBT HOUSING INITIATVE (EIN 842525726) - 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

Michael Zinicola

Phone

4404654444

Tax Period

2022-01-01 to 2022-12-31

LGBT HOUSING INITIATVE, founded in 2019, is a small nonprofit in the Human Services sector that reported $149K in total revenue in fiscal year 2022. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 16% operating margin.

Mission

Our mission is to improve home ownership rates within the LGBT+ community and to raise money to assist organizations across the country that help elevate at risk and homeless LGBT+ youth out of homelessness

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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 (2022)

Revenue Breakdown

Contributions & Grants $149,383

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $149,383

Expense Breakdown

Grants Paid $122,370

Salaries & Benefits $0

Fundraising Expenses $2,809

Program Expenses $122,370

Other Expenses $2,809

TOTAL EXPENSES $125,179

Year-over-Year Comparison

	2022	2021	Change
Revenue	$149,383	$65,373	+1.3%
Expenses	$125,179	$43,397	+1.9%
Net Income	$24,204	$21,976	+0.1%

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

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
Dave Gervase	trustee	0	Director	$0	$0	$0
Kimberly Davis	Trustee	0	Director	$0	$0	$0
Michael Zinicola	Trustee	10	Director	$0	$0	$0
Matthew Buchta	Trustee	0	Director	$0	$0	$0
Nicole Moore	Trustee	0	Director	$0	$0	$0
Bradford Davis	Trustee	0	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
2022	$149,383	$125,179	$46,180	$24,204

LGBT HOUSING INITIATVE