HOMESERVICES FOUNDATION FOR HOUSING EQUITY (EIN 854134903) - 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

2020

Legal Domicile

Principal Officer

DANA STRANDMO

Phone

6123365113

Tax Period

2023-01-01 to 2023-12-31

HOMESERVICES FOUNDATION FOR HOUSING EQUITY, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $231K in total revenue in fiscal year 2023. The organization ran a surplus of $210K, a strong 91% operating margin.

Mission

INCREASING HOMEOWNSHIP AND GENERATIONAL WEALTH FOR PEOPLE OF COLOR THROUGH EDUCATION, INVESTING IN PEOPLE, FINANCIAL ASSISTANCE AND COMMUNITY REINVESTMENT.

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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 $230,609

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $230,609

Expense Breakdown

Grants Paid $16,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,500

Other Expenses $4,701

TOTAL EXPENSES $20,701

Year-over-Year Comparison

	2023	2022	Change
Revenue	$230,609	$217,724	+0.1%
Expenses	$20,701	$151,049	-0.9%
Net Income	$209,908	$66,675	+2.1%

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

N/A

Independent Members

N/A

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
DANA STRANDMO	CEO	2.50	Officer Director	$0	$0	$0
MIKE BROWNE	DIRECTOR-GOVERNANCE	2.50	Officer Director	$0	$0	$0
FABIAN GAYOSSO	DIRECTOR-MARKETING	2.50	Director	$0	$0	$0
APRIL ALEXANDER	DIRECTOR-GRANTS	2.50	Director	$0	$0	$0
DESRIE VAN PUTTEN	DIRECTOR-EDUCATION	2.50	Director	$0	$0	$0
GRETCHEN ROSENBERG	DIRECTOR-FUNDRAISING	2.50	Director	$0	$0	$0
ALEX SEAVALL	CFO	2.50	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	$230,609	$20,701	$276,583	$209,908
2022	$217,724	$151,049	$66,675	$66,675

HOMESERVICES FOUNDATION FOR HOUSING EQUITY