CENTRAL FALLS AFFORDABLE HOUSING CORPORATION (EIN 050486136) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

BRIDGETT DUQUETTE

Phone

4017279080

Tax Period

2023-10-01 to 2024-09-30

CENTRAL FALLS AFFORDABLE HOUSING CORPORATION, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 886% from the prior year, signaling strong growth momentum. The organization ran a surplus of $935K, a strong 86% operating margin.

Mission

PROVIDE SAFE SANITARY AND SUITABLE LIVING ACCOMODATIONS FOR LOW, MODERATE AND MIDDLE INCOME PERSONS WITHIN CENTRAL FALLS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $978,592

Program Service Revenue $112,895

Investment Income $1,041

Other Revenue $0

TOTAL REVENUE $1,092,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $121,888

Other Expenses $157,364

TOTAL EXPENSES $157,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,092,528	$110,750	+8.9%
Expenses	$157,364	$191,579	-0.2%
Net Income	$935,164	$-80,829	-12.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
MIGUEL GARCIA	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JACKELINE PARRA	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JON KELLY	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE ESTRADA-BERROA	DIRECTOR	1.00	Director	$0	$0	$0
M GIDGET GRIVERS	DIRECTOR	1.00	Director	$0	$0	$0
BRIDGETT DUQUETTE	EXECUTIVE DIRECTOR	1.00	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	$1,092,528	$157,364	$2,040,507	$935,164
2023	$110,750	$191,579	$1,074,410	$-80,829
2022	$95,251	$116,964	$847,284	$-21,713
2021	$101,681	$122,723	$859,199	$-21,042
2020	$267,359	$132,467	$926,456	$134,892
2019	$108,209	$114,398	$807,132	$-6,189
2018	$161,421	$128,195	$829,367	$33,226

CENTRAL FALLS AFFORDABLE HOUSING CORPORATION