Housing for Health Orange County Inc

EIN: 873137292 501(c)(3) Housing & Shelter

Irvine, CA

Total Revenue
$5,531,343
Total Expenses
$5,684,915
Total Assets
$897,658
Net Assets
$215,954
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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
CA
Principal Officer
Heather Stratman
Phone
9494019591
Tax Period
2023-01-01 to 2023-12-31

Housing for Health Orange County Inc, founded in 2021, is a community nonprofit in the Housing & Shelter sector that reported $5.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

Housing for Health Orange County, Inc (HHOC) is a nonprofit organization that was created to establish an operational oversight umbrella and collaborative forum among local housing providers.HHOC provides centralized administrative & financial support to these providers, and to assist in co-designing best practices & standards of care to ensure quality outcomes for the clients served. We provide services to expand provider capacity in order to serve and house more homeless and at risk individuals, to improve system flow through a streamlines navigation process and empower individuals with client-centered, trauma informed supportive services.

Program Service Accomplishments

Program 1
Expenses: $5,610,696

HHOC provides centralized administrative & financial support to these providers, and to assist in co-designing best practices & standards of care to ensure quality outcomes for the clients served. We...

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HHOC provides centralized administrative & financial support to these providers, and to assist in co-designing best practices & standards of care to ensure quality outcomes for the clients served. We provide services to expand provider capacity in order to serve and house more homeless and at risk individuals, to improve system flow through a streamlines navigation process and empower individuals with client-centered, trauma informed supportive services.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,528,066
Program Service Revenue $0
Investment Income $3,277
Other Revenue $0
TOTAL REVENUE $5,531,343

Expense Breakdown

Grants Paid $120,000
Salaries & Benefits $300,000
Fundraising Expenses $0
Program Expenses $5,610,696
Other Expenses $5,264,915
TOTAL EXPENSES $5,684,915

Year-over-Year Comparison

2023 2022 Change
Revenue $5,531,343 $4,886,625 +0.1%
Expenses $5,684,915 $4,517,099 +0.3%
Net Income $-153,572 $369,526 -1.4%
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
4

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
5
$300,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Larry Haynes President 1.00
Officer Director
$0 $0 $0
George Searcy Treasurer (end Sept.) 1.00
Officer Director
$0 $0 $0
Talesha Payne Treasurer (start Sept.) 1.00
Director
$0 $0 $0
Dawn Price Secretary 1.00
Officer Director
$0 $0 $0
Rachel Steinmetz COO 30.00
Officer
$120,000 $0 $120,000
Heather Stratman Chief Administrative Officer 32.00
Officer
$180,000 $0 $180,000
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 $5,531,343 $5,684,915 $897,658 $-153,572
2022 $4,886,625 $4,517,099 $748,919 $369,526
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