PENNDEL ASSISTED HOUSING MGMT ASSOC (EIN 020690159) - 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

2003

Legal Domicile

Principal Officer

CHRISTINE RAMSAY

Phone

8567862183

Tax Period

2024-01-01 to 2024-12-31

PENNDEL ASSISTED HOUSING MGMT ASSOC, founded in 2003, is a small nonprofit in the Mutual Benefit sector that reported $204K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF PENNDEL AHMA IS TO PROVIDE A MEDIUM FOR THE EXCHANGE OF INFORMATION AMONG THE OWNERS, MANAGING AGENTS AND VARIOUS GOVERNMENTAL ENTITIES INVOLVED IN THE AFFORDABLE HOUSING INDUSTRY.

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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 $51,739

Program Service Revenue $152,293

Investment Income $22

Other Revenue $0

TOTAL REVENUE $204,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,427

Other Expenses $216,206

TOTAL EXPENSES $216,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$204,054	$178,244	+0.1%
Expenses	$216,206	$223,485	0.0%
Net Income	$-12,152	$-45,241	-0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BROWN JR	DIRECTOR	0.50	Director	$0	$0	$0
PAUL COHEN	DIRECTOR	0.50	Director	$0	$0	$0
ANDY GOLDBERG	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTINE RAMSAY	PRESIDENT	0.50	Officer Director	$0	$0	$0
SCOTT SCHAFFER	SECRETARY	0.50	Officer Director	$0	$0	$0
ERIC NAFTULIN	DIRECTOR	0.50	Director	$0	$0	$0
HEATHER LUTY	FIRST VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
DENISE NEALE	TREASURER	0.50	Officer Director	$0	$0	$0
DEREK DODD	DIRECTOR	0.50	Director	$0	$0	$0
KHALIFAH HARDING	DIRECTOR	0.50	Director	$0	$0	$0
FABIANA SCAVICCHIO-FIELDS	DIRECTOR	0.50	Director	$0	$0	$0
PETRA TUBIA	DIRECTOR	0.50	Director	$0	$0	$0
LAURA SPATARO	EXECUTIVE DIRECTOR	0.50	Officer	$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	$204,054	$216,206	$92,086	$-12,152
2023	$178,244	$223,485	$104,643	$-45,241
2022	$141,870	$185,568	$147,046	$-43,698
2021	$128,623	$149,059	$183,077	$-20,436
2019	$124,417	$115,218	$262,618	$9,199

PENNDEL ASSISTED HOUSING MGMT ASSOC