STATEWIDE AFFORDABLE HOUSING INC (EIN 050447750) - 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

1988

Legal Domicile

Principal Officer

JAMES J PRESCOTT

Phone

4012257007

Tax Period

2018-01-01 to 2018-12-31

STATEWIDE AFFORDABLE HOUSING INC, founded in 1988, is a micro nonprofit that reported $9K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year. Expenses of $15K exceeded revenue, resulting in a 68% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO DEVELOP LOW AND MODERATE INCOME HOUSING FOR ELDERLY AND LOW INCOME FAMILIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,988

Investment Income $4

Other Revenue $0

TOTAL REVENUE $8,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,667

Other Expenses $15,100

TOTAL EXPENSES $15,100

Year-over-Year Comparison

	2018	2017	Change
Revenue	$8,992	$9,707	-0.1%
Expenses	$15,100	$5,135	+1.9%
Net Income	$-6,108	$4,572	-2.3%

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

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
SUZANNE WORRELL GEMMA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GUY DUFAULT	DIRECTOR	1.00	Director	$0	$0	$0
JAMES J PRESCOTT	PRESIDENT	1.00	Officer	$0	$0	$0
T PAUL DIMEO	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES GRICUS	DIRECTOR	1.00	Director	$0	$0	$0
LINDA SILVEIRA	SEC/TREASURER	1.00	Officer	$0	$0	$0
TERRENCE J MARTZIAL	DIRECTOR	1.00	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
2018	$8,992	$15,100	$804,945	$-6,108

STATEWIDE AFFORDABLE HOUSING INC