AFFORDABLE HOUSING AND SERVICES COLLABORATIVE INC (EIN 043555681) - 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

2001

Legal Domicile

Principal Officer

MICHAEL MATTOS

Phone

7817941000

Tax Period

2023-01-01 to 2023-12-31

AFFORDABLE HOUSING AND SERVICES COLLABORATIVE INC, founded in 2001, is a mid-sized nonprofit in the Housing & Shelter sector that reported $24.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.9M, a strong 20% operating margin.

Mission

TO DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES FOR LOW INCOME HOUSEHOLDS AND OTHERS WITH SPECIAL NEEDS.

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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 $250,000

Program Service Revenue $17,650,997

Investment Income $3,414,453

Other Revenue $2,910,020

TOTAL REVENUE $24,225,470

Expense Breakdown

Grants Paid $35,500

Salaries & Benefits $3,500,488

Fundraising Expenses $0

Program Expenses $16,261,930

Other Expenses $15,833,105

TOTAL EXPENSES $19,369,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,225,470	$21,678,364	+0.1%
Expenses	$19,369,093	$18,020,937	+0.1%
Net Income	$4,856,377	$3,657,427	+0.3%

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

Employees

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

$345,247

Total Directors

$12,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL BOUTON	DIRECTOR	5.00	Director	$2,500	$0	$2,500
THOMAS A KARNES	DIRECTOR	5.00	Director	$2,500	$0	$2,500
WILLIAM MCGRORY	DIRECTOR	5.00	Director	$2,500	$0	$2,500
JOSEF RETTMAN	DIRECTOR	5.00	Director	$2,500	$0	$2,500
GEORGE GEORGES	CLERK	5.00	Officer Director	$2,500	$0	$2,500
DOREEN BUSHASHIA	DIRECTOR	5.00	Director	$0	$0	$0
KAREN FISH-WILL	DIRECTOR	5.00	Director	$0	$0	$0
JAMES MCGOWAN	TREASURER	5.00	Officer Director	$0	$0	$0
MICHAEL MATTOS	PRESIDENT & EXECUTIVE DIRECTOR	40.00	Officer	$299,729	$43,018	$342,747
ANDREW HAYWARD	SENIOR DEVELOPMENT MANAGER	40.00	Highest	$100,453	$15,193	$115,646
MARIE MOTERO	ASSET MANAGER	40.00	Highest	$106,655	$12,384	$119,039

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	$24,225,470	$19,369,093	$178,222,571	$4,856,377
2022	$21,678,364	$18,020,937	$172,672,816	$3,657,427
2021	$17,704,653	$15,588,473	$170,389,416	$2,116,180
2020	$19,971,739	$15,364,096	$167,028,686	$4,607,643
2019	$15,160,347	$12,197,630	$141,935,893	$2,962,717
2018	$17,186,033	$14,810,422	$128,966,524	$2,375,611

AFFORDABLE HOUSING AND SERVICES COLLABORATIVE INC