NEW MATAMORAS AREA HOUSING COMPANY

EIN: 237336145 501(c)(3)

COLUMBUS, OH

Total Revenue
$496,420
Total Expenses
$557,467
Total Assets
$665,761
Net Assets
$571,410
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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
1970
Legal Domicile
OH
Principal Officer
JORITA BATTEN
Phone
6144519000
Tax Period
2023-07-01 to 2024-06-30

NEW MATAMORAS AREA HOUSING COMPANY, founded in 1970, is a small nonprofit that reported $496K in total revenue in fiscal year 2023. Expenses of $557K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE HOUSING FOR LOW INCOME AND DISPLACED INDIVIDUALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $375,196
Program Service Revenue $109,798
Investment Income $4
Other Revenue $11,422
TOTAL REVENUE $496,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $499,545
Other Expenses $557,467
TOTAL EXPENSES $557,467

Year-over-Year Comparison

2023 2022 Change
Revenue $496,420 $465,858 +0.1%
Expenses $557,467 $546,543 +0.0%
Net Income $-61,047 $-80,685 -0.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORITA BATTEN PRESIDENT 0.50
Officer Director
$0 $0 $0
GINA BATTEN VP & SECRETARY 0.50
Officer Director
$0 $0 $0
PHILIP BARCUS BOARD MEMBER 0.50
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 No data No data No data No data
2024 $496,420 $557,467 $665,761 $-61,047
2023 $465,858 $546,543 $673,223 $-80,685
2022 $486,956 $491,484 $769,875 $-4,528
2021 $489,307 $481,635 $760,358 $7,672
2020 $457,402 $494,512 $754,276 $-37,110
2019 $453,201 $531,039 $812,265 $-77,838
2018 $449,695 $431,564 $870,350 $18,131
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