COMMUNITY HOUSING INITIATIVE INC

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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

2020

Legal Domicile

Principal Officer

JOY S POLLARD

Phone

5754958884

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY HOUSING INITIATIVE INC, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $456K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $617K exceeded revenue, resulting in a 35% operating deficit.

Mission

OUR MISSION IS TO PROVIDE STABLE AND LOW COST HOUSING FOR LOW AND MODERATE INCOME INDIVDIUALS WITHIN PHOENIX AZ AND THE COMMUNITIES OF SOUTHWESTERN U.S. METRO AREAS.

Program Service Accomplishments

Program 1

Expenses: $468,322 Revenue: $138,558

CONTINUED PROVIDING AFFORDABLE HOUSING TO FAMILIES THROUGH RENTAL REAL ESTATE PROPERTIES THE ORGANIZATION OWNS. SOLD APPRECIATED RENTAL REAL ESTATE PROPERTIES TO INCREASE LIQUID ASSETS. RECEIVED...

CONTINUED PROVIDING AFFORDABLE HOUSING TO FAMILIES THROUGH RENTAL REAL ESTATE PROPERTIES THE ORGANIZATION OWNS. SOLD APPRECIATED RENTAL REAL ESTATE PROPERTIES TO INCREASE LIQUID ASSETS. RECEIVED DONATIONS OF THREE PROPERTIES THAT CAN BE USED FOR AFFORDABLE HOUSING RENTALS.

Program 2

Expenses: $79,771 Revenue: $61,379

LEASED HOUSING THAT IS BEING OFFERED TO INDIVIDUALS SEEKING SOBRIETY WHO DON'T QUALIFY FOR TYPICAL LOW COST HOUSING.

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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 $254,660

Program Service Revenue $199,937

Investment Income $1,849

Other Revenue $0

TOTAL REVENUE $456,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $548,093

Other Expenses $617,253

TOTAL EXPENSES $617,253

Year-over-Year Comparison

	2023	2022	Change
Revenue	$456,446	$602,745	-0.2%
Expenses	$617,253	$449,243	+0.4%
Net Income	$-160,807	$153,502	-2.0%

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

N/A

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
JOY S POLLARD	PRESIDENT	40.00	Officer Director	$0	$0	$0
JOSEPH M BAKER	VICE-PRESIDENT	10.00	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	No data	No data	No data	No data
2023	$456,446	$617,253	$4,269,384	$-160,807
2022	$602,745	$449,243	$4,472,299	$153,502
2021	$890,150	$138,505	$2,365,458	$751,645
2020	$1,171,814	$78,772	$1,278,378	$1,093,042