INCOMMON HOUSING DEVELOPMENT CORPORATION (EIN 882700449) - 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

2022

Legal Domicile

Principal Officer

JIM RIEKER

Phone

4029336672

Tax Period

2023-01-01 to 2023-12-31

INCOMMON HOUSING DEVELOPMENT CORPORATION, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $270K in total revenue in fiscal year 2023. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 16% operating margin.

Mission

TO STRENGTHEN NEIGHBORHOODS BY DEVELOPING AND PRESERVING AFFORDABLE, DIGNIFIED HOUSING.

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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 $269,845

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $269,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,315

Fundraising Expenses $0

Program Expenses $227,358

Other Expenses $63,043

TOTAL EXPENSES $227,358

Year-over-Year Comparison

	2023	2022	Change
Revenue	$269,845	$145,000	+0.9%
Expenses	$227,358	$64,874	+2.5%
Net Income	$42,487	$80,126	-0.5%

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

Volunteers

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

$103,058

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE ACHOLA	CHAIR	2.00	Director	$0	$0	$0
RYAN DURANT	VICE-CHAIR	2.00	Director	$0	$0	$0
JIM RIEKER	TREASURER	1.00	Director	$0	$0	$0
RACHEL BAHL	SECRETARY	1.00	Director	$0	$0	$0
CHRISTIAN GRAY	MEMBER	1.00	Director	$0	$0	$0
JULIE STAVNEAK	MEMBER	1.00	Director	$0	$0	$0
BUEY TUT	MEMBER	1.00	Director	$0	$0	$0
SHERYL GRANT	PROJECT MANAGER	40.00	Officer	$103,058	$0	$103,058

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	$269,845	$227,358	$1,644,652	$42,487

INCOMMON HOUSING DEVELOPMENT CORPORATION