KENT AFFORDABLE HOUSING INC (EIN 223036664) - 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

1990

Legal Domicile

Principal Officer

ANDREA SEHL

Phone

8609273684

Tax Period

2024-05-01 to 2025-04-30

KENT AFFORDABLE HOUSING INC, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $919K in total revenue in fiscal year 2024. Expenses of $803K left a modest 13% surplus.

Mission

THE MISSION OF KENT AFFORDABLE HOUSING IS TO DEVELOP, SUSTAIN, AND ADVOCATE FOR AFFORDABLE HOUSING IN THE TOWN OF KENT, CONNECTICUT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $493,442

Program Service Revenue $406,432

Investment Income $19,452

Other Revenue $0

TOTAL REVENUE $919,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $594

Program Expenses $749,058

Other Expenses $802,531

TOTAL EXPENSES $802,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$919,326	$951,210	0.0%
Expenses	$802,531	$729,997	+0.1%
Net Income	$116,795	$221,213	-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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN POTTER	PRESIDENT	25.00	Officer Director	$0	$0	$0
GARY FORD	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA SEHL	TREASURER	2.00	Officer Director	$0	$0	$0
KARLA COVELL	DIRECTOR	2.00	Director	$0	$0	$0
SHARON CIPOLLA	DIRECTOR	2.00	Director	$0	$0	$0
BETTY KRASNE	DIRECTOR	2.00	Director	$0	$0	$0
IRENE COE	SECRETARY	10.00	Officer Director	$0	$0	$0
GREGG SHERIDAN	DIRECTOR	2.00	Director	$0	$0	$0
PAMELA WHITE	DIRECTOR	2.00	Director	$0	$0	$0
PETER DIAZ	DIRECTOR	2.00	Director	$0	$0	$0
MIRI KNIGHT	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN MATSON	DIRECTOR	2.00	Director	$0	$0	$0
JANET RIVKIN	DIRECTOR	2.00	Director	$0	$0	$0
HAL KAMM	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES GOLDBERG	V PRES	2.00	Officer 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
2025	$919,326	$802,531	$6,837,010	$116,795
2024	$951,210	$729,997	$5,974,597	$221,213
2023	$589,550	$718,473	$6,021,761	$-128,923
2022	$584,488	$693,881	$6,127,783	$-109,393
2022	$550,488	$676,440	$6,132,699	$-125,952
2021	$473,885	$687,037	$6,125,477	$-213,152
2020	$1,258,189	$603,538	$6,189,930	$654,651
2019	$766,929	$182,605	$3,347,380	$584,324

KENT AFFORDABLE HOUSING INC