Foresight Housing Partners Inc

EIN: 842983836 501(c)(3) Housing & Shelter

Las Vegas, NV

Total Revenue
$2,637,266
Total Expenses
$417,348
Total Assets
$2,248,273
Net Assets
$2,248,273
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
Muhammad HA Chaudhry
Phone
7022655040
Tax Period
2023-01-01 to 2023-12-31

Foresight Housing Partners Inc is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2023. The organization ran a surplus of $2.2M, a strong 84% operating margin.

Mission

Invest in communities through housing development, public-private partnerships, and by empowering community development organizations that serve low-income populations.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,637,266
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,637,266

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,485
Fundraising Expenses $0
Program Expenses $298,551
Other Expenses $336,863
TOTAL EXPENSES $417,348

Year-over-Year Comparison

2023 2022 Change
Revenue $2,637,266 N/A N/A
Expenses $417,348 N/A N/A
Net Income $2,219,918 N/A N/A
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
1
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
2
$42,712
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Muhammad Chaudhry Pres./Treasurer 40.00
Officer
$42,712 $0 $42,712
Mike Shohet Director 5.00
Director
$0 $0 $0
Aaron Sheets Director 5.00
Director
$0 $0 $0
Cynthia Bown Secretary 5.00
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 $2,637,266 $417,348 $2,248,273 $2,219,918
Explore More Nonprofits
→Top 100 Nonprofits in Nevada →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Foresight Housing Partners Inc with other nonprofits in Nevada and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.