The House Collective

EIN: 872252409 501(c)(3) Housing & Shelter

Lansing, MI

Total Revenue
$206,326
Total Expenses
$184,276
Total Assets
$1,015,582
Net Assets
$-14,670
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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
2022
Legal Domicile
MI
Phone
7736614787
Tax Period
2024-01-01 to 2024-12-31

The House Collective, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $206K in total revenue in fiscal year 2024. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $184K left a modest 11% surplus.

Mission

Provide for the expansion of affordable housing in the mid Michigan through community partnerships.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,000
Program Service Revenue $0
Investment Income $1
Other Revenue $131,325
TOTAL REVENUE $206,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $184,276
Other Expenses $184,276
TOTAL EXPENSES $184,276

Year-over-Year Comparison

2024 2023 Change
Revenue $206,326 $103,027 +1.0%
Expenses $184,276 $139,311 +0.3%
Net Income $22,050 $-36,284 -1.6%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lior Ron Director 0.00
Officer
$0 $0 $0
Jack Rubinstein Director 0.00
Officer
$0 $0 $0
Eugenia Zacks Carney Director 0.00
Officer
$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 $206,326 $184,276 $1,015,582 $22,050
2023 $103,027 $139,311 $920,144 $-36,284
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