AFFORDABLE HOUSING OPPORTUNITIES INC (EIN 201237467) - 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

2004

Legal Domicile

Principal Officer

RALPH BOYD

Phone

2027978806

Tax Period

2023-01-01 to 2023-12-31

AFFORDABLE HOUSING OPPORTUNITIES INC, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 17% operating deficit.

Mission

DEVELOP, OWN AND MANAGE LOW INCOME HOUSING FOR THE VERY POOREST OF THE WASHINGTON, DC AREA.

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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 $3,147,391

Investment Income $843

Other Revenue $225,000

TOTAL REVENUE $3,373,234

Expense Breakdown

Grants Paid $320,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,940,529

Other Expenses $3,620,529

TOTAL EXPENSES $3,940,529

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,373,234	$26,244,241	-0.9%
Expenses	$3,940,529	$4,176,253	-0.1%
Net Income	$-567,295	$22,067,988	-1.0%

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

$1,016,760

Total Directors

$591,861

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA JO SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE BARNABY	TREASURER	20.00	Officer Director	$0	$34,444	$279,181
SR MARY CATHERINE GUILER	SECRETARY	1.00	Officer Director	$0	$0	$0
TROY SWANDA	PRESIDENT	20.00	Officer Director	$0	$42,225	$312,680
FR JOHN ADAMS	EMERTIUS	0.00	Officer	$0	$0	$0
RALPH BOYD	VICE PRESIDENT	20.00	Officer	$0	$36,245	$424,899

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	$3,373,234	$3,940,529	$51,480,203	$-567,295
2022	$26,244,241	$4,176,253	$41,201,421	$22,067,988
2021	$3,175,376	$4,329,368	$42,188,796	$-1,153,992
2020	$3,350,095	$4,223,461	$43,465,923	$-873,366
2019	$2,910,515	$4,268,090	$44,392,919	$-1,357,575
2018	$3,146,516	$3,122,336	$45,823,474	$24,180

AFFORDABLE HOUSING OPPORTUNITIES INC