NEHEMIAH HOUSING DEVELOPMENT FUND COM (EIN 113279298) - 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

1995

Legal Domicile

Phone

9172791051

Tax Period

2024-01-01 to 2024-12-31

NEHEMIAH HOUSING DEVELOPMENT FUND COM, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 95% operating deficit.

Mission

DEVELOPMENT OF MODERATE INCOME HOUSING FOR FIRST TIME BUYERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,038,966

Program Service Revenue $0

Investment Income $24,177

Other Revenue $0

TOTAL REVENUE $1,063,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $719,454

Fundraising Expenses $0

Program Expenses $1,145,152

Other Expenses $1,357,235

TOTAL EXPENSES $2,076,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,063,143	$2,700,258	-0.6%
Expenses	$2,076,689	$1,491,060	+0.4%
Net Income	$-1,013,546	$1,209,198	-1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON GRAF	EXECUTIVE DIRECTOR	40.00	Highest	$220,096	$0	$220,096
ASHRAD BACCHUS	MANAGING DIRECTOR	40.00	Highest	$197,833	$0	$197,833
DAVID BRAWLEY	TRUSTEE	15.00	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	$1,063,143	$2,076,689	$2,391,525	$-1,013,546
2023	$2,700,258	$1,491,060	$3,412,584	$1,209,198
2022	$2,526,617	$2,146,536	$2,802,171	$380,081
2021	$2,464,840	$245,307	$6,557,293	$2,219,533
2020	$21,374	$208,016	$4,337,760	$-186,642
2019	$538,153	$292,322	$4,524,402	$245,831
2018	$318,783	$541,440	$4,650,246	$-222,657

NEHEMIAH HOUSING DEVELOPMENT FUND COM