AHEPAPENELOPE DISTRICT ONE APARTMENTS OF HOOVER INC (EIN 061783644) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

JAMES PAFUDAKIS

Phone

2058248185

Tax Period

2024-07-01 to 2025-06-30

AHEPA PENELOPE DISTRICT ONE APARTMENTS OF HOOVER INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $437K in total revenue in fiscal year 2019. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $546K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $555,174

Investment Income $12,678

Other Revenue $2,225

TOTAL REVENUE $570,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $629,709

Other Expenses $683,284

TOTAL EXPENSES $683,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$570,077	$505,759	+0.1%
Expenses	$683,284	$583,392	+0.2%
Net Income	$-113,207	$-77,633	+0.5%

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
JAMES PAFUDAKIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN BOOSALIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TONIE ANN TORRANS	SECRETARY	1.00	Officer Director	$0	$0	$0
TASSO STRATAS	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN BOOSALIS	DIRECTOR	1.00	Director	$0	$0	$0
COSTA ZOUBOUKOS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN STAMATIADES	DIRECTOR	1.00	Director	$0	$0	$0
PETER NASSOS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
HARALAMBOS N KIPREOS	DIRECTOR	1.00	Director	$0	$0	$0
VICKI COSTOPOULOS	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
2025	$570,077	$683,284	$4,703,751	$-113,207
2024	$505,759	$583,392	$4,810,213	$-77,633
2023	$463,348	$609,217	$4,898,439	$-145,869
2022	$454,639	$611,731	$5,026,971	$-157,092
2021	$448,881	$542,614	$5,202,492	$-93,733
2020	$436,674	$546,437	$5,276,526	$-109,763

AHEPAPENELOPE DISTRICT ONE APARTMENTS OF HOOVER INC