AFFORDABLE HOUSING AMERICA INC (EIN 203310723) - 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

PETER H WASSERMAN

Phone

7708748800

Tax Period

2020-01-01 to 2020-12-31

AFFORDABLE HOUSING AMERICA INC, founded in 2005, is a community nonprofit in the Housing & Shelter sector that reported $4.7M in total revenue in fiscal year 2020. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 50% operating margin.

Mission

TO SPONSOR, ACQUIRE, DEVELOP, OPERATE AND/OR OVERSEE OPERATIONS OF AFFORDABLE AND SENIOR MULTI-FAMILY HOUSING, INCLUDING HOUSING WHICH RECEIVES FEDERAL, STATE OR LOCAL SUBSIDIES, AS WELL AS PRESERVATION OF AFFORDABLE AND SENIOR 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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,016,191

Investment Income $3,587,843

Other Revenue $88,716

TOTAL REVENUE $4,692,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $608,673

Fundraising Expenses $0

Program Expenses $1,492,717

Other Expenses $1,761,132

TOTAL EXPENSES $2,369,805

Year-over-Year Comparison

	2020	2019	Change
Revenue	$4,692,750	$2,574,545	+0.8%
Expenses	$2,369,805	$2,836,668	-0.2%
Net Income	$2,322,945	$-262,123	-9.9%

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

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

$270,833

Total Directors

$270,833

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER H WASSERMAN	EXECUTIVE DIRECTOR	40.00	Officer Director	$150,000	$0	$150,000
STEPHEN M WASSERMAN	VICE PRESIDENT	40.00	Officer Director	$120,833	$0	$120,833
L MATTHEW STONE	DIRECTOR	1.00	Director	$0	$0	$0
AMY MOOREHOUSE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER M BUERKLE	DIRECTOR	1.00	Director	$0	$0	$0
AARON KUNEY	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
2020	$4,692,750	$2,369,805	$4,465,438	$2,322,945
2019	$2,574,545	$2,836,668	$15,052,364	$-262,123
2018	$6,680,700	$5,925,127	$15,574,107	$755,573

AFFORDABLE HOUSING AMERICA INC