CRESCENT AFFORDABLE HOUSING CORP (EIN 200470082) - 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

2003

Legal Domicile

Principal Officer

STACY JACKSON

Phone

5046703300

Tax Period

2023-01-01 to 2023-12-31

CRESCENT AFFORDABLE HOUSING CORP, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $5K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $672K exceeded revenue, resulting in a 12873% operating deficit.

Mission

PARTICIPATE IN DEVELOPMENT OF AFFORDABLE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME.

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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 $0

Program Service Revenue $0

Investment Income $5,182

Other Revenue $0

TOTAL REVENUE $5,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $649,755

Other Expenses $672,270

TOTAL EXPENSES $672,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,182	$5,739	-0.1%
Expenses	$672,270	$1,277,681	-0.5%
Net Income	$-667,088	$-1,271,942	-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

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

$195,824

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACY JACKSON	DIRECTOR	1.00	Director	$0	$11,141	$195,824
CYNTHIA WIGGINS	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
2024	No data	No data	No data	No data
2023	$5,182	$672,270	$-2,475,265	$-667,088
2022	$5,739	$1,277,681	$-1,560,567	$-1,271,942
2021	$5,232	$1,091,539	$-372,051	$-1,086,307
2020	$22,773	$1,353,020	$64,224	$-1,330,247
2019	$30,740	$1,135,212	$1,413,118	$-1,104,472
2018	$13,697	$219,480	$2,502,000	$-205,783

CRESCENT AFFORDABLE HOUSING CORP