Highland Area Not For Profit Housing Corporation-hanfphc is a 501(c)(3) organization based in Livonia, Michigan, registered in 1987, with $445,413 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$445K
▲ 3.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$439K
Net assets
-$599K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Highland Area Not For Profit Housing Corporation-hanfphc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Highland Area Not For Profit Housing Corporation-hanfphc: 0 mo reserves · +1% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Highland Area Not For Profit Housing Corporation-hanfphc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Highland Area Not For Profit Housing Corporation-hanfphc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $368K (FY2013) to $445K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$504K
Total liabilities
$1.1M
Net assets
-$599K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $445,413▲3.5% | $439,137▲1.2% | -$599,487▲1.0% | $504,002▼12.8% | 990 |
| 2023 | $430,418▲5.1% | $433,981▲2.3% | -$605,763▼0.6% | $577,701▼5.6% | 990 |
| 2022 | $409,539▲6.9% | $424,315▲8.8% | -$602,200▼2.5% | $611,672▲2.2% | 990 |
| 2021 | $383,211▲0.3% | $390,048▼4.6% | -$587,424▼1.2% | $598,323▼4.6% | 990 |
| 2020 | $381,911▼0.2% | $408,698▲7.9% | -$580,587▼4.8% | $626,850▼6.5% | 990 |
| 2019 | $382,490▼0.6% | $378,608▲2.1% | -$553,800▲0.7% | $670,693▼4.6% | 990 |
| 2018 | $384,746▲5.2% | $370,814▲0.5% | -$557,682▲2.4% | $703,395▼5.2% | 990 |
| 2017 | $365,803▼1.5% | $368,900▼3.4% | -$571,614▼0.5% | $741,644▼4.9% | 990 |
| 2016 | $371,409▲1.3% | $381,993▼1.6% | -$568,517▼1.9% | $780,240▼12.2% | 990 |
| 2015 | $366,683▲1.7% | $388,291▼1.2% | -$557,933▼4.0% | $889,062▼6.5% | 990 |
| 2014 | $360,688▼2.1% | $393,148▲3.1% | -$536,325▼6.4% | $950,403▼2.4% | 990 |
| 2013 | $368,475 | $381,313▼0.3% | -$503,865▼2.6% | $974,149▼3.9% | 990 |
| 2012 | — | $382,335▲5.4% | -$491,027▼6.9% | $1,013,379▼4.5% | 990 |
| 2011 | — | $362,836▼4.6% | -$459,423▼3.0% | $1,061,001▼3.9% | 990 |
| 2010 | — | $380,354 | -$446,218 | $1,103,775 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Highland Area Not For Profit Housing Corporation-hanfphc (EIN 38-2707037) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.