ALLEN AFFORDABLE HOUSING DEVELOP FUNDING CORPORATI (EIN 113143495) - 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

1992

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ALLEN AFFORDABLE HOUSING DEVELOP FUNDING CORPORATI, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $283K in total revenue in fiscal year 2023.

Mission

PROVIDING HOUSING FOR 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 (2023)

Revenue Breakdown

Contributions & Grants $57,250

Program Service Revenue $225,597

Investment Income $0

Other Revenue $147

TOTAL REVENUE $282,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,163

Fundraising Expenses $0

Program Expenses $284,435

Other Expenses $260,122

TOTAL EXPENSES $303,285

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,994	$288,615	0.0%
Expenses	$303,285	$315,409	0.0%
Net Income	$-20,291	$-26,794	-0.2%

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

N/A

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

$103,000

Total Directors

$336,297

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV ELAINE FLAKE	BOARD MEMBER	2.00	Director	$0	$0	$336,297
KEVIN HOWARD	V P OF FINANCE GREATER ALLEN	5.00	Officer	$0	$0	$103,000
DWAYNE P ANDREWS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRIS BRAMWELL	BOARD MEMBER	2.00	Director	$0	$0	$0
FRANCILLA WILKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL CRAIG	BOARD MEMBER	2.00	Director	$0	$0	$0
JUNE P ANDREWS-HENDERSON	SECRETARY	2.00	Director	$0	$0	$0
EVETTE C ENNIS ESQ	CO CHAIRMAN	2.00	Director	$0	$0	$0
RICHARD O MCEACHERN	CHAIR	4.00	Director	$0	$0	$0
GINA BOLDEN-RIVERA	TREASURER	2.00	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
2024	No data	No data	No data	No data
2023	$282,994	$303,285	$1,479,980	$-20,291
2022	$288,615	$315,409	$1,465,072	$-26,794
2022	$288,615	$392,364	$1,499,368	$-103,749
2021	$285,681	$444,752	$1,296,181	$-159,071
2021	$285,681	$290,227	$1,291,230	$-4,546
2020	$286,229	$309,034	$758,355	$-22,805
2019	$256,312	$265,369	$758,295	$-9,057
2019	$256,312	$267,184	$757,495	$-10,872
2018	$267,971	$242,468	$671,859	$25,503

ALLEN AFFORDABLE HOUSING DEVELOP FUNDING CORPORATI