NAIROBI HOUSING INC (EIN 943331051) - 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

1999

Legal Domicile

Principal Officer

DUANE BAY

Phone

4159891111

Tax Period

2024-01-01 to 2024-12-31

NAIROBI HOUSING INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $376K in total revenue in fiscal year 2024. Revenue surged 133% from the prior year, signaling strong growth momentum. Expenses of $420K exceeded revenue, resulting in a 12% operating deficit.

Mission

MISSION: THIS ORGANIZATION SUPPORTS BRIDGE HOUSING CORPORATION (BRIDGE). BRIDGE STRENGTHENS COMMUNITIES BY DEVELOPING, OWNING AND MANAGING HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS.VISION:* BRIDGE STRENGTHENS COMMUNITIES AND CREATES OPPORTUNITIES FOR WORKING FAMILIES AND SENIORS, BEGINNING BUT NOT ENDING WITH HOUSING.* BRIDGE IS A LEADER AND INNOVATOR IN THE MISSION-DRIVEN BUSINESS OF EFFECTIVE PRODUCTION, OPERATION AND OWNERSHIP OF AFFORDABLE AND MIXED-INCOME HOUSING.* BRIDGE EARNS THE HIGHEST DEGREE OF CUSTOMER SATISFACTION FROM ALL STAKEHOLDERS, INCLUDING RESIDENTS, NEIGHBORS, INVESTORS, TAXPAYERS, PRIVATE- AND PUBLIC-SECTOR PARTNERS, AND EMPLOYEES.* BRIDGE IS THE GO-TO DEVELOPER AND OWNER FOR PUBLIC OFFICIALS, INVESTORS AND COMMUNITIES SEEKING AN ARRAY OF HOUSING SOLUTIONS, AND IT DELIVERS RESULTS.

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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 $0

Program Service Revenue $376,230

Investment Income $0

Other Revenue $0

TOTAL REVENUE $376,230

Expense Breakdown

Grants Paid $218,665

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $417,839

Other Expenses $200,914

TOTAL EXPENSES $419,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$376,230	$161,398	+1.3%
Expenses	$419,579	$21,930	+18.1%
Net Income	$-43,349	$139,468	-1.3%

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

N/A

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

$2,161,086

Total Directors

$3,552,368

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DELPHINE SHERMAN	EVP/CFO	1.00	Officer Director	$0	$120,262	$549,294
KENNETH LOMBARD	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$45,067	$1,112,594
JAMES MATHER	DIRECTOR	1.00	Director	$0	$113,550	$501,031
NATALIA WILLIAMS	DIRECTOR	1.00	Director	$0	$37,612	$384,562
SIERRA ATILANO	DIRECTOR	1.00	Director	$0	$53,138	$505,689
REBECCA HLEBASKO	VICE PRESIDENT & SECRETARY	1.00	Officer Director	$0	$93,649	$499,198

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	$376,230	$419,579	$4,704,684	$-43,349
2023	$161,398	$21,930	$4,797,256	$139,468
2022	$136,874	$342,866	$4,768,613	$-205,992
2021	$147,948	$312,332	$4,850,124	$-164,384
2020	$152,668	$283,815	$5,007,883	$-131,147
2019	$152,118	$3,228,311	$5,116,929	$-3,076,193
2018	$126,631	$21,685	$5,109,501	$104,946

NAIROBI HOUSING INC