ADVANCE HOUSING 2000 INC (EIN 223749626) - 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

2000

Legal Domicile

Principal Officer

CAROLYN JAIME

Phone

2014989140

Tax Period

2024-01-01 to 2024-12-31

ADVANCE HOUSING 2000 INC, founded in 2000, is a micro nonprofit in the Housing & Shelter sector that reported $78K in total revenue in fiscal year 2024. Net assets of $284K represent 44 months of operating reserves.

Mission

THE MISSION OF ADVANCE HOUSING 2000, INC. IS TO PROVIDE PERSONS WITH PSYCHICATRIC DISABILITIES WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.

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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 $47,446

Program Service Revenue $26,948

Investment Income $1,770

Other Revenue $2,090

TOTAL REVENUE $78,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,246

Other Expenses $80,489

TOTAL EXPENSES $80,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,254	$78,702	0.0%
Expenses	$80,489	$67,629	+0.2%
Net Income	$-2,235	$11,073	-1.2%

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

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

$332,630

Total Directors

$204,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HIGGINS	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN DEANGELO	SECRETARY	1.00	Officer Director	$0	$0	$0
BRUCE NUSSMAN	COUNSEL	1.00	Director	$0	$0	$0
CAROLYN JAIME	MEMBER & CEO	1.00	Officer Director	$0	$25,881	$204,050
BINA SHAH	COO	1.00	Officer	$0	$28,337	$128,580

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	$78,254	$80,489	$357,779	$-2,235
2023	$78,702	$67,629	$353,423	$11,073
2022	$76,135	$80,141	$351,120	$-4,006
2021	$79,664	$105,510	$343,403	$-25,846
2020	$77,747	$117,668	$345,582	$-39,921
2019	$78,588	$79,007	$391,726	$-419
2018	$73,331	$78,444	$372,763	$-5,113

ADVANCE HOUSING 2000 INC