Affordable Housing Education & Development Inc

EIN: 223159643 501(c)(3) Housing & Shelter

Littleton, NH

Total Revenue
$5,012,542
Total Expenses
$3,647,679
Total Assets
$11,621,788
Net Assets
$9,367,856
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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
1991
Legal Domicile
NH
Principal Officer
Susan Retz
Phone
6034441377
Tax Period
2024-01-01 to 2024-12-31

Affordable Housing Education & Development Inc, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $5.0M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 27% operating margin.

Mission

AHEAD creates pathways to safe, affordable housing which strengthens and revitalizes rural communities.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,944,910
Program Service Revenue $3,002,694
Investment Income $76,583
Other Revenue $-11,645
TOTAL REVENUE $5,012,542

Expense Breakdown

Grants Paid $226,354
Salaries & Benefits $2,481,499
Fundraising Expenses $18,888
Program Expenses $3,098,838
Other Expenses $939,826
TOTAL EXPENSES $3,647,679

Year-over-Year Comparison

2024 2023 Change
Revenue $5,012,542 $3,587,492 +0.4%
Expenses $3,647,679 $3,266,369 +0.1%
Net Income $1,364,863 $321,123 +3.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
43
Volunteers
15

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
5
$113,884
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Retz President 0.50
Officer Director
$0 $0 $0
Mark Hesler Vice President 0.50
Officer Director
$0 $0 $0
Martha McLeod Interim Treasurer 0.50
Officer Director
$0 $0 $0
Fran Day Secretary 0.50
Officer Director
$0 $0 $0
Erik Becker Director 0.50
Director
$0 $0 $0
Angela Cleveland Director 0.50
Director
$0 $0 $0
Ann Dow Director 0.50
Director
$0 $0 $0
Bridget Freudenberger Director 0.50
Director
$0 $0 $0
Adam Hammill Director 0.50
Director
$0 $0 $0
Jonathan Verge Director 0.50
Director
$0 $0 $0
Jordan Applewhite Past Director 0.50
Director
$0 $0 $0
Mark MacDonald Past Director 0.50
Director
$0 $0 $0
Autumn Shultz Past Director 0.50
Director
$0 $0 $0
Kaela Tavares Past Director 0.50
Director
$0 $0 $0
Benjamin Tilton Past Director 0.50
Director
$0 $0 $0
Harrison Kanzler Executive Director 20.00
Officer
$113,884 $0 $113,884
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 $5,012,542 $3,647,679 $11,621,788 $1,364,863
2023 $3,587,492 $3,266,369 $10,668,210 $321,123
2022 $2,795,539 $2,851,661 $10,271,285 $-56,122
2021 $3,412,328 $3,233,656 $10,124,613 $178,672
2020 $3,045,198 $2,725,473 $9,970,385 $319,725
2019 $2,222,705 $2,445,722 $8,628,140 $-223,017
2018 $4,065,511 $4,219,215 $8,072,948 $-153,704
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