HOUSING VISIONS UNLIMITED INC (EIN 911922911) - 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

1990

Legal Domicile

Principal Officer

BENJAMIN LOCKWOOD

Phone

3154723820

Tax Period

2024-01-01 to 2024-12-31

HOUSING VISIONS UNLIMITED INC, founded in 1990, is a mid-sized nonprofit that reported $33.6M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $29.7M left a modest 12% surplus.

Mission

DEVELOPMENT AND MANAGEMENT OF AFFORDABLE 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 (2024)

Revenue Breakdown

Contributions & Grants $852,752

Program Service Revenue $32,595,334

Investment Income $31,719

Other Revenue $89,902

TOTAL REVENUE $33,569,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,096,603

Fundraising Expenses $0

Program Expenses $28,396,755

Other Expenses $23,595,304

TOTAL EXPENSES $29,691,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,569,707	$21,183,921	+0.6%
Expenses	$29,691,907	$19,183,754	+0.5%
Net Income	$3,877,800	$2,000,167	+0.9%

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

$596,401

Total Directors

$221,021

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN BROWN	VICE CHAIR-HVCC	1.00	Director	$0	$0	$0
RICKEY BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH BRYANT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIO CABRAL	BOARD MEMBER	1.00	Director	$0	$0	$0
KENYON CRAIG	TREASURER - HVC,HVCC,HPU,	1.00	Officer Director	$0	$0	$0
BEVERLY GRIFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT HOUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT IRISH	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRONA JONES-ROWSER	BOARD MEMBER	1.00	Director	$0	$0	$0
BENJAMIN LOCKWOOD	PRESIDENT & CEO	40.00	Officer Director	$0	$11,452	$221,021
DAVID MICHEL	CHAIR - HVC,HVCC,HVDG,HPU	1.00	Officer Director	$0	$0	$0
PAUL PREDMORE	SECRETARY-HVDG & HPU	1.00	Officer Director	$0	$0	$0
JOANNE STEWART	SECRETARY-HVC & HVCC	1.00	Director	$0	$0	$0
FELICIA WELCH-BROWN	VICE CHAIR-HVC,TREASURER-H	1.00	Officer Director	$0	$0	$0
JOSEPH WORMWORTH	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES QUINN	VICE PRESIDENT OF FINANCE	40.00	Officer	$0	$44,569	$177,821
REBECCA TREVISANI	EXECUTIVE VP & COO	40.00	Officer	$0	$26,286	$197,559

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	$33,569,707	$29,691,907	$68,924,042	$3,877,800
2023	$21,183,921	$19,183,754	$61,035,416	$2,000,167
2022	$16,572,046	$15,255,080	$52,193,410	$1,316,966
2021	$24,284,268	$22,098,580	$54,882,329	$2,185,688
2020	$29,309,153	$26,937,655	$53,394,025	$2,371,498
2019	$12,673,651	$12,818,426	$48,453,388	$-144,775
2018	$27,967,383	$24,096,352	$47,568,792	$3,871,031

HOUSING VISIONS UNLIMITED INC