PARAMUS, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ADVANCE HOUSING INC, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $5.6M in total revenue in fiscal year 2023.
THE MISSION OF ADVANCE HOUSING, INC. IS TO EXPAND THE RANGE AND SCOPE OF SUPPORTIVE HOUSING OPPORTUNITIES AVAILABLE TO PERSONS WITH PSYCHIATRIC DISBILITIES. IN ADDITION, WE WILL SEEK TO MAKE SIMILAR OPTIONS AND SERVICES AVAILABLE TO OTHER CONSUMERS WHO ARE IN NEED OF SUPPORTIVE HOUSING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,594,390 | $5,226,802 | +0.1% |
| Expenses | $5,434,125 | $5,505,129 | 0.0% |
| Net Income | $160,265 | $-278,327 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHARLES HIGGINS | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARC STURIALE | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN DEANGELO | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LYNN LITTERINI | TREASURER (RESIGNED DURING | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE BOWER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARON MCKENNA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL PEZZILLO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMI WEI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE NUSSMAN | COUNSEL | 1.00 |
Director
|
$0 | $0 | $0 |
| GINA SHARPE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JAN FREDERICKS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLYN JAIME LCSW | PRESIDENT AND CEO | 35.00 |
Officer
|
$174,000 | $5,926 | $179,926 |
| EVERARD BASCOE | CFO | 35.00 |
Officer
|
$85,000 | $9,324 | $94,324 |
| BINA SHAH | COO | 35.00 |
Officer
|
$104,990 | $26,034 | $131,024 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,594,390 | $5,434,125 | $18,765,287 | $160,265 |
| 2022 | $5,226,802 | $5,505,129 | $19,043,945 | $-278,327 |
| 2021 | $6,195,481 | $5,501,656 | $19,258,863 | $693,825 |
| 2020 | $5,724,965 | $5,472,784 | $18,235,216 | $252,181 |
| 2019 | $5,404,994 | $5,215,379 | $16,095,181 | $189,615 |
| 2018 | $4,840,765 | $5,255,108 | $16,028,245 | $-414,343 |
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