JPC AFFORDABLE HOUSING FOUNDATION INC F/K/A FOUNDATION FOR AFFORDABLE HOUSING (EIN 202743344) - 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

2005

Legal Domicile

Principal Officer

ORON ZARUM

Phone

7189254111

Tax Period

2022-01-01 to 2022-12-31

JPC AFFORDABLE HOUSING FOUNDATION INC F/K/A FOUNDATION FOR AFFORDABLE HOUSING, founded in 2005, is a mid-sized nonprofit that reported $17.0M in total revenue in fiscal year 2022. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.7M, a strong 45% operating margin.

Mission

PROVIDE LOW INCOME HOUSING. ORGANIZATION OWNS AND OPERATES LOW-INCOME HOUSING AND IS A SUPPORTING ORGANIZATION, WHOSE ROLE IS TO COORDINATE ACTIVITIES AND FURTHER THE EXEMPT PURPOSE OF OTHER ENTITIES THAT PROVIDE LOW-INCOME HOUSING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,828,476

Investment Income $11,206,062

Other Revenue $0

TOTAL REVENUE $17,034,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,185,132

Fundraising Expenses $0

Program Expenses $9,379,971

Other Expenses $8,194,839

TOTAL EXPENSES $9,379,971

Year-over-Year Comparison

	2022	2021	Change
Revenue	$17,034,538	$7,541,928	+1.3%
Expenses	$9,379,971	$6,233,645	+0.5%
Net Income	$7,654,567	$1,308,283	+4.9%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORON ZARUM	PRESIDENT & DIRECTOR	7.00	Officer Director	$0	$0	$0
THOMAS KERN	TREASURER, SECRETARY & DIR	3.00	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
2022	$17,034,538	$9,379,971	No data	$7,654,567
2021	$7,541,928	$6,233,645	$16,189,985	$1,308,283
2020	$6,346,998	$6,769,559	$16,386,523	$-422,561

JPC AFFORDABLE HOUSING FOUNDATION INC F/K/A FOUNDATION FOR AFFORDABLE HOUSING