ADVANCE HOUSING FOUNDATION INC (EIN 261940826) - 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

2008

Legal Domicile

Principal Officer

CAROLYN JAIME LCSW

Phone

2014989140

Tax Period

2023-01-01 to 2023-12-31

ADVANCE HOUSING FOUNDATION INC, founded in 2008, is a micro nonprofit in the Health Care sector that reported $5K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 362% operating deficit.

Mission

GENERAL FUNDRAISING AND SUPPORT OF ADVANCE HOUSING INC FOR INDIVIDUALS WITH PSYCHIATRIC DISABILITIES.

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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 $1,397

Program Service Revenue $0

Investment Income $3,356

Other Revenue $0

TOTAL REVENUE $4,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $21,978

TOTAL EXPENSES $21,978

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,753	$24,996	-0.8%
Expenses	$21,978	$4,383	+4.0%
Net Income	$-17,225	$20,613	-1.8%

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

$179,926

Total Directors

$179,926

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN JAIME LCSW	MEMBER AND CEO	35.00	Officer Director	$0	$5,926	$179,926
CHARLES HIGGINS	PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2023	$4,753	$21,978	$196,599	$-17,225
2022	$24,996	$4,383	$214,556	$20,613
2021	$5,310	$3,756	$193,573	$1,554
2020	$10,379	$3,329	$191,189	$7,050
2019	$31,731	$7,324	$184,285	$24,407
2018	$25,098	$22,997	$162,507	$2,101

ADVANCE HOUSING FOUNDATION INC