A PARTNERSHIP IN HOUSING INC

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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

1998

Legal Domicile

Principal Officer

Alcherrie Williams

Phone

8148875563

Tax Period

2023-10-01 to 2024-09-30

A PARTNERSHIP IN HOUSING INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2023. Net assets of $6.9M represent 53 months of operating reserves.

Mission

A Partnership in Housing has a mission to provide affordable, safe and decent housing to low and moderate income residents of McKean County, PA

Program Service Accomplishments

Program 1

Expenses: $1,322,635 Revenue: $1,576,887

A Partnership in Housing's program service area is housing rentals. During the year ended September 30, 2024, the company provided 1,115 units of rental to low and moderate income residents of McKean...

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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 (2023)

Revenue Breakdown

Contributions & Grants $562

Program Service Revenue $1,018,546

Investment Income $66,761

Other Revenue $491,580

TOTAL REVENUE $1,577,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $586,891

Fundraising Expenses $0

Program Expenses $1,322,635

Other Expenses $943,892

TOTAL EXPENSES $1,530,783

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,577,449	$1,472,776	+0.1%
Expenses	$1,530,783	$1,451,575	+0.1%
Net Income	$46,666	$21,201	+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

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

$120,041

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alcherrie Williams	Executive Director	15	Officer	$0	$0	$120,041
Linda Gault	Chairman	1	Director	$0	$0	$0
Jon Peterson	Vice Chairman	1	Director	$0	$0	$0
Denise Bean	Secretary/Treasurer	1	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
2024	$1,577,449	$1,530,783	$7,783,818	$46,666
2023	$1,472,776	$1,451,575	$7,819,615	$21,201
2022	$1,320,223	$1,344,313	$7,751,852	$-24,090
2021	$1,359,309	$1,328,134	$7,871,554	$31,175
2020	$1,387,256	$1,351,998	$7,958,796	$35,258