Move Eden Housing

EIN: 882638241 Public & Societal Benefit

Oakland, CA

Total Revenue
$351,271
Total Expenses
$147,355
Total Assets
$8
Net Assets
$-6,807
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
Carol Silva
Phone
5104234300
Tax Period
2023-01-01 to 2023-12-31

Move Eden Housing, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $351K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $204K, a strong 58% operating margin.

Mission

Signatures were collected on referendum petition sufficient to qualify the measure for the ballot. However, the petition was challenged and MEH has been defending the right of the people to vote on the measure in court proceedings, currently in the California Court of Appeal, which will determine whether or not the measure will be placed on the ballot ultimately for voter consideration.

Program Service Accomplishments

Program 1
Expenses: $138,706

MEHs primary focus at inception was on qualifying a measure for the ballot on whether or not the city of Livermore would allow 130 housing units to be built downtown. The committee cited the projects...

Read more

MEHs primary focus at inception was on qualifying a measure for the ballot on whether or not the city of Livermore would allow 130 housing units to be built downtown. The committee cited the projects violations of the California Environmental Quality Act as a reason for public input on the project. When the city denied outright the committees request for a referendum, the committee sued the city and its election commission. The vote on the measure has been involved in court proceedings as part of its program activities to convince the decision-makers that the voters have the right to vote on the measure. The first proceeding ended in dismissal of the case in the Citys favor. MEH appealed that decision and continued to advocate for the rights of the public citizenry of Livermore to decide the merits of the housing proposal and the ultimate use to which the proposed development site should be made. In January 2023 First District Court of Appeal and Alameda County Superior Court ruled in favor of the low income housing project effectively negating the purpose of the committee. Instead of having the opportunity to educate the public on the reasons not to build a potentially large and unsafe project, the committee was forced to spend its energies and resources on litigation. The committee continues to meet its related financial commitments.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $351,271
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $351,271

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $138,706
Other Expenses $147,355
TOTAL EXPENSES $147,355

Year-over-Year Comparison

2023 2022 Change
Revenue $351,271 $713,353 -0.5%
Expenses $147,355 $924,076 -0.8%
Net Income $203,916 $-210,723 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maryann Brent Director 5.00
Officer Director
$0 $0 $0
Joan Seppala Director 5.00
Officer 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
2023 $351,271 $147,355 $8 $203,916
2022 $713,353 $924,076 $12,504 $-210,723
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Move Eden Housing with other nonprofits in California and across the country.