NID HOUSING COUNSELING AGENCY INC

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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

1985

Legal Domicile

Principal Officer

RAY CARLISLE SR

Phone

5102689792

Tax Period

2023-01-01 to 2023-12-31

NID HOUSING COUNSELING AGENCY INC, founded in 1985, is a mid-sized nonprofit in the Housing & Shelter sector that reported $13.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $11.8M left a modest 11% surplus.

Mission

EMPOWERING FAMILIES TO BUILD GENERATIONAL WEALTH THROUGH OUR LOCAL EXPERTISE IN DOWN PAYMENT ASSISTANCE, FORCLOSURE PREVENTION, AND CREDIT SCORE IMPROVEMENT.

Program Service Accomplishments

Program 1

Expenses: $11,560,633 Revenue: $457,475

THE CORPORATION PROVIDES NATIONWIDE COUNSELING FOR HOUSING RELATED ISSUES, SUCH AS PURCHASING RENTAL, REFINANCING,FORECLOSURE, HOME EQUITY CONVERSION, REVERSE MORTGAGE, COMMUNITY DEVELPMENT,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 $12,788,486

Program Service Revenue $457,475

Investment Income $31,719

Other Revenue $1,646

TOTAL REVENUE $13,279,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,172

Fundraising Expenses $0

Program Expenses $11,560,633

Other Expenses $11,592,591

TOTAL EXPENSES $11,783,763

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,279,326	$11,932,351	+0.1%
Expenses	$11,783,763	$12,028,115	0.0%
Net Income	$1,495,563	$-95,764	-16.6%

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

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

$394,892

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY CARLISLE SR	PRESIDENT &	60.00	Officer	$394,892	$0	$394,892
WARREN QUANN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT REED	DIRECTOR	5.00	Director	$0	$0	$0
CAROLYNN THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
ROLANDA WILSON	DIRECTOR	8.00	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	No data	No data	No data	No data
2023	$13,279,326	$11,783,763	$4,526,186	$1,495,563
2022	$11,932,351	$12,028,115	$3,719,081	$-95,764
2021	$13,052,393	$13,168,070	$3,806,305	$-115,677
2020	$9,985,959	$10,101,862	$4,166,298	$-115,903
2019	$8,849,036	$9,165,318	$4,037,313	$-316,282
2018	$1,868,194	$2,832,074	$4,462,836	$-963,880