METROPOLITAN HOUSING CORPORATION (EIN 860781669) - 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

1995

Legal Domicile

Principal Officer

GINGER GHARBIAH

Phone

5207921415

Tax Period

2022-07-01 to 2023-06-30

METROPOLITAN HOUSING CORPORATION, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $654K in total revenue in fiscal year 2022. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 227% operating deficit.

Mission

TO IDENTIFY AND PROVIDE ASSISTANCE IN ACQUIRING LOW INCOME HOUSING PROPERTIES AND TO PROVIDE MANAGMENT OF LOW INCOME HOUSING UNITS.

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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 $409,020

Program Service Revenue $343,963

Investment Income $-194,489

Other Revenue $95,305

TOTAL REVENUE $653,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,816

Fundraising Expenses $0

Program Expenses $1,673,834

Other Expenses $1,959,575

TOTAL EXPENSES $2,137,391

Year-over-Year Comparison

	2022	2021	Change
Revenue	$653,799	$1,132,959	-0.4%
Expenses	$2,137,391	$1,951,981	+0.1%
Net Income	$-1,483,592	$-819,022	+0.8%

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

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

$80,685

Total Directors

$80,685

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GINGER GHARBIAH	EXECUTIVE DIRECTOR	40.00	Officer Director	$78,285	$2,400	$80,685
GARY BACHMAN	PRESIDENT	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$653,799	$2,137,391	$13,601,123	$-1,483,592
2022	$1,132,959	$1,951,981	$14,907,709	$-819,022
2021	$-737,318	$59,667	$2,937,836	$-796,985
2020	$-468,015	$155,054	$3,737,294	$-623,069
2019	$-475,007	$142,173	$4,362,568	$-617,180
2018	$-508,905	$22,897	$4,978,608	$-531,802

METROPOLITAN HOUSING CORPORATION