Home Trust of Ouray County (EIN 861764266) - 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

2021

Legal Domicile

Principal Officer

ERIC STEVENS

Phone

9703099314

Tax Period

2024-01-01 to 2024-12-31

Home Trust of Ouray County, founded in 2021, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $866K, a strong 73% operating margin.

Mission

To grow an inclusive, economically diverse community by providing permanently affordable housing and housing related resources to modest income households in Ouray County through the stewardship of community assets.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,092,495

Program Service Revenue $64,375

Investment Income $4,417

Other Revenue $27,588

TOTAL REVENUE $1,188,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,279

Fundraising Expenses $0

Program Expenses $269,017

Other Expenses $146,426

TOTAL EXPENSES $322,705

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,188,875	$676,317	+0.8%
Expenses	$322,705	$229,867	+0.4%
Net Income	$866,170	$446,450	+0.9%

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

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
Andrea Sokolowski	Manager	40.00		$87,200	$0	$87,200
Alex Durham	Director	5.00	Director	$0	$0	$0
ERIC STEVENS	President	0.00	Officer Director	$0	$0	$0
Jake Niece	Director	5.00	Director	$0	$0	$0
Marc Hitchcox	Director	5.00	Director	$0	$0	$0
Craig Spearman	Secretary	5.00	Officer Director	$0	$0	$0
Josh Smith	Director	5.00	Director	$0	$0	$0
Preston Neill	Director	5.00	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	$1,188,875	$322,705	$4,173,750	$866,170
2023	$676,317	$229,867	$3,130,223	$446,450
2022	$545,838	$86,184	$1,005,854	$459,654

Home Trust of Ouray County