HOUSING KENT FKA HOUSING STABILITY… - Form 990 Financial Data

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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

EUREKA PEOPLE

Phone

6163589866

Tax Period

2023-10-01 to 2024-09-30

HOUSING KENT FKA HOUSING STABILITY ALLIANCE, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $814K in total revenue in fiscal year 2023. Revenue surged 5516% from the prior year, signaling strong growth momentum. Expenses of $776K left a modest 5% surplus.

Mission

TO REDUCE DISPARITIES AND INEQUITIES IN HOUSING OPPORTUNITIES FOR ETHNIC AND RACIAL MINORITIES, AND TO ENGAGE IN ACTIVITIES RELATED THERETO.

Program Service Accomplishments

Program 1

Expenses: $501,691

REDUCE DISPARITIES AND INEQUITIES IN HOUSING OPPORTUNITIES FOR ETHNIC AND RACIAL MINORITIES.

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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 $814,303

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $814,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $445,058

Fundraising Expenses $78,175

Program Expenses $501,691

Other Expenses $330,446

TOTAL EXPENSES $775,504

Year-over-Year Comparison

	2023	2022	Change
Revenue	$814,303	$14,500	+55.2%
Expenses	$775,504	$646,072	+0.2%
Net Income	$38,799	$-631,572	-1.1%

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

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

$153,737

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUREKA PEOPLE	PRESIDENT	40.00	Officer	$142,000	$11,737	$153,737
TASHA BLACKMON	CO-CHAIR	2.00	Officer Director	$0	$0	$0
BRAD KESSEL	CO-CHAIR	2.00	Officer Director	$0	$0	$0
ERIC BROWN	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL BOHNSACK	DIRECTOR	1.00	Director	$0	$0	$0
RAQUEL GUZMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOSH LUNGER	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA PARRIOTT	DIRECTOR	1.00	Director	$0	$0	$0
AL VANDERBERG	DIRECTOR	1.00	Director	$0	$0	$0
MARK WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
ROSALYNN BLISS	DIRECTOR - P	1.00	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
2025	No data	No data	No data	No data
2024	$814,303	$775,504	$1,018,401	$38,799
2023	$14,500	$646,072	$759,909	$-631,572
2022	$1,632,000	$309,128	$1,466,371	$1,322,872
2021	$115,000	$22,931	$92,069	$92,069

HOUSING KENT FKA HOUSING STABILITY ALLIANCE