HOUSING AND ECONOMIC RURAL OPPORTUNITY (EIN 850356121) - 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

1987

Legal Domicile

Principal Officer

RAUL GRANADOS

Phone

5755410476

Tax Period

2023-10-01 to 2024-09-30

HOUSING AND ECONOMIC RURAL OPPORTUNITY, founded in 1987, is a small nonprofit that reported $408K in total revenue in fiscal year 2023. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $366K, a strong 90% operating margin.

Mission

DEVELOP LOTS AND AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.

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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 $0

Program Service Revenue $407,855

Investment Income $3

Other Revenue $10

TOTAL REVENUE $407,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,912

Other Expenses $41,989

TOTAL EXPENSES $41,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,868	$204,971	+1.0%
Expenses	$41,989	$79,931	-0.5%
Net Income	$365,879	$125,040	+1.9%

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
RAUL GRANADOS	PRESIDENT	N/A	Officer Director	$0	$0	$0
OSCAR PANDO	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
PATRICK VIGIL	SECRETARY	N/A	Officer 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	$407,868	$41,989	$850,488	$365,879
2023	$204,971	$79,931	$1,014,996	$125,040
2022	No data	$59,274	$1,450,519	No data
2022	$25,264	$590,622	$880,468	$-565,358
2021	$1,179,122	$884,834	$1,705,585	$294,288
2020	$183,858	$89,022	$1,282,558	$94,836
2019	$265,558	$37,604	$1,602,978	$227,954
2018	$201,463	$38,550	$1,509,238	$162,913

HOUSING AND ECONOMIC RURAL OPPORTUNITY