HARRIS COUNTY COMMUNITY LAND TRUST MANAGEMENT CORPORATION (EIN 863965628) - 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

MERCEDEZ SANCHEZ

Phone

8329274824

Tax Period

2024-01-01 to 2024-12-31

HARRIS COUNTY COMMUNITY LAND TRUST MANAGEMENT CORPORATION, founded in 2020, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 100% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING FOR RESIDENTS OF HARRIS COUNTY. THE COMMUNITY LAND TRUST BUYS OR RECEIVES HOUSES TO MAKE AVAILABLE FOR SALE TO LOW-INCOME HOMEBUYERS. CLT PROVIDES A 99 YEAR RENEWABLE GROUND LEASE TO ENSURE THE HOMES NEVER BECOME RENTALS WITH ABSENTEE LANDLORDS.

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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 $2,495,336

Program Service Revenue $0

Investment Income $0

Other Revenue $25,193

TOTAL REVENUE $2,520,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,865

TOTAL EXPENSES $4,865

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,520,529	$1,477,328	+0.7%
Expenses	$4,865	$3,839	+0.3%
Net Income	$2,515,664	$1,473,489	+0.7%

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
JASON MCLEMORE	DIRECTOR	1.00	Director	$0	$0	$0
THAO COSTIS	DIRECTOR	1.00	Director	$0	$0	$0
CHAD KHAN	CHAIR/PRESIDENT	1.00	Officer Director	$0	$0	$0
MERCEDES SANCHEZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DWIGHT JEFFERSON	TREASURER	1.00	Officer Director	$0	$0	$0
FRANCISCO CASTILLO	DIRECTOR	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
2024	$2,520,529	$4,865	$4,613,942	$2,515,664
2023	$1,477,328	$3,839	$1,678,087	$1,473,489

HARRIS COUNTY COMMUNITY LAND TRUST MANAGEMENT CORPORATION