FORESIGHT AFFORDABLE HOUSING-PENNSVILLE INC

EIN: 222262967 501(c)(3) Housing & Shelter

EGG HARBOR TWP, NJ

Total Revenue
$1,825,159
Total Expenses
$1,790,289
Total Assets
$2,784,401
Net Assets
$-4,164,160
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NJ
Principal Officer
DR BRUCE JOHNSON
Phone
8565960500
Tax Period
2024-01-01 to 2024-12-31

FORESIGHT AFFORDABLE HOUSING-PENNSVILLE INC, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO MAINTAIN AND OTHERWISE PROVIDE HOUSING FACILITIES AND SERVICE THROUGH HOUSING ASSISTANCE WITH HUD WHICH IS DESIGNED TO MEET THE PARTICULAR NEED OF THE INHABITANTS OF HUD PROJECT #035-EH016

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $162,768
Program Service Revenue $1,507,678
Investment Income $31,043
Other Revenue $123,670
TOTAL REVENUE $1,825,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,910
Fundraising Expenses $0
Program Expenses $1,684,223
Other Expenses $1,503,379
TOTAL EXPENSES $1,790,289

Year-over-Year Comparison

2024 2023 Change
Revenue $1,825,159 $1,601,905 +0.1%
Expenses $1,790,289 $1,705,757 +0.0%
Net Income $34,870 $-103,852 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
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
3
$76,518
Total Directors
6
$88,518
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR BRUCE JOHNSON PRESIDENT 1.00
Officer Director
$0 $15,767 $52,058
E JAMES HENDERSON JR VICE PRES./ASST. SEC 1.00
Officer Director
$0 $0 $20,460
MICHAEL BYRNES SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $4,000
LYNDA BARNESS TRUSTEE 1.00
Director
$0 $0 $4,000
JANVIER OSBORN TRUSTEE 1.00
Director
$0 $0 $4,000
GERALD SCHWAM TRUSTEE 1.00
Director
$0 $0 $4,000
DONALD REAPE FORMER PRESIDENT 1.00
$0 $11,373 $116,499
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 $1,825,159 $1,790,289 $2,784,401 $34,870
2023 $1,601,905 $1,705,757 $2,623,570 $-103,852
2022 $1,551,863 $6,283,139 $2,795,136 $-4,731,276
2021 $1,531,729 $1,298,166 $2,682,907 $233,563
2020 $1,470,761 $1,257,464 $2,755,108 $213,297
2019 $1,529,690 $1,393,572 $2,874,845 $136,118
2018 $1,506,770 $1,319,355 $3,015,008 $187,415
2018 $1,506,770 $1,319,355 $3,015,008 $187,415
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FORESIGHT AFFORDABLE HOUSING-PENNSVILLE INC with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.