RED HOUSING FUND (EIN 871835484) - 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

MICHELLE WHITMAN

Phone

7075433087

Tax Period

2023-01-01 to 2023-12-31

RED HOUSING FUND, founded in 2021, is a community nonprofit in the Public & Societal Benefit sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $376K, a strong 24% operating margin.

Mission

PROVIDING LOANS TO DEVELOPERS IN SONOMA COUNTY FOR RESIDENTIAL HOUSING PROJECTS.

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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 $142,660

Program Service Revenue $324,934

Investment Income $725,702

Other Revenue $391,736

TOTAL REVENUE $1,585,032

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,138,599

Other Expenses $1,204,118

TOTAL EXPENSES $1,209,118

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,585,032	$1,101,567	+0.4%
Expenses	$1,209,118	$1,011,628	+0.2%
Net Income	$375,914	$89,939	+3.2%

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

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
VERONICA FERGUSON	PRESIDENT AND CEO	4.00	Officer Director	$0	$0	$0
TODD SHEFFIELD	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
AMANDA RUCH	TREASURER	4.00	Officer Director	$0	$0	$0
MICHELLE WHITMAN	SECRETARY	4.00	Officer Director	$0	$0	$0
JEN KLOSE	DIRECTOR	1.00	Director	$0	$0	$0
BETZY CHAVEZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GOUIN	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	No data	No data	No data	No data
2023	$1,585,032	$1,209,118	$21,587,408	$375,914
2022	$1,101,567	$1,011,628	$21,355,900	$89,939
2021	$6,760,926	$209,454	$20,342,322	$6,551,472

RED HOUSING FUND