ALLENDALE HOUSING INC (EIN 263574072) - 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

2009

Legal Domicile

Principal Officer

VINCE BARRA

Phone

2018184400

Tax Period

2024-01-01 to 2024-12-31

ALLENDALE HOUSING INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $530K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $1.6M represent 37 months of operating reserves.

Mission

PROVIDE AFFORDABLE HOUSING TO QUALIFIED INDIVIDUALS AND FAMILIES.

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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 $115,528

Program Service Revenue $392,343

Investment Income $21,922

Other Revenue $0

TOTAL REVENUE $529,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $516,226

Other Expenses $555,187

TOTAL EXPENSES $555,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$529,793	$458,123	+0.2%
Expenses	$555,187	$514,328	+0.1%
Net Income	$-25,394	$-56,205	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCE BARRA	PRESIDENT	5.00	Officer Director	$0	$0	$0
JACQUELINE MCSWIGGAN	VP	5.00	Officer Director	$0	$0	$0
ELIZABETH WHITE	SECRETARY	5.00	Officer Director	$0	$0	$0
JOSEPH DALOISIO III	TRUSTEE	5.00	Director	$0	$0	$0
SANDY DESMOND	TREASURER	5.00	Officer Director	$0	$0	$0
AUGIE ZENZIUS	TRUSTEE	5.00	Director	$0	$0	$0
RACHEL DILLION	TRUSTEE	5.00	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	$529,793	$555,187	$8,284,274	$-25,394
2023	$458,123	$514,328	$8,317,075	$-56,205
2022	$350,590	$472,763	$8,378,280	$-122,173
2021	$365,295	$462,342	$8,535,048	$-97,047
2020	$343,509	$413,407	$8,658,263	$-69,898
2019	$363,454	$449,194	$8,749,698	$-85,740
2018	$70,089	$156,688	$8,844,461	$-86,599

ALLENDALE HOUSING INC