GREATER KANSAS CITY HOME OWNERSHIP INITI

EIN: 934617897 501(c)(3) Housing & Shelter

KANSAS CITY, MO

Total Revenue
$1,200,000
Total Expenses
$78,085
Total Assets
$1,144,122
Net Assets
$1,121,915
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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
2023
Legal Domicile
MO
Principal Officer
DAVE HARRISON
Phone
6022303500
Tax Period
2024-01-01 to 2024-12-31

GREATER KANSAS CITY HOME OWNERSHIP INITI, founded in 2023, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 93% operating margin.

Mission

TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING UNITS ACROSS KANSAS CITY, MO.

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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 $1,200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,200,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $78,085
TOTAL EXPENSES $78,085

Year-over-Year Comparison

2024 2023 Change
Revenue $1,200,000 N/A N/A
Expenses $78,085 N/A N/A
Net Income $1,121,915 $0 N/A
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
6
Independent Members
4
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID M HARRISON PRESIDENT 8.00
Officer Director
$0 $0 $0
JUSTIN T DUFF SECRETARY/TREASURER 8.00
Officer Director
$0 $0 $0
CHARLIE SHIELDS MEMBER OF BOARD 1.00
Director
$0 $0 $0
JEFF SIMON MEMBER OF BOARD 1.00
Director
$0 $0 $0
MARK GARRETT MEMBER OF BOARD 1.00
Director
$0 $0 $0
DIANNE CLEAVER MEMBER OF BOARD 1.00
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
2024 $1,200,000 $78,085 $1,144,122 $1,121,915
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