TURNER AFFORDABLE HOUSING INC (EIN 270345192) - 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

TERRI KODGIS

Phone

8149449466

Tax Period

2024-07-01 to 2025-06-30

TURNER AFFORDABLE HOUSING INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $585K in total revenue in fiscal year 2024. Expenses of $524K left a modest 11% surplus.

Mission

TO PROVIDE LOW INCOME HOUSING TO QUALIFIED 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $336,299

Program Service Revenue $243,997

Investment Income $742

Other Revenue $4,098

TOTAL REVENUE $585,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,469

Fundraising Expenses $0

Program Expenses $476,377

Other Expenses $423,192

TOTAL EXPENSES $523,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$585,136	$579,337	+0.0%
Expenses	$523,661	$554,867	-0.1%
Net Income	$61,475	$24,470	+1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MICHAEL BRADLEY	DIRECTOR	Director	$0	$0	$0
SHARON TRAINO MAGLEY	DIRECTOR	Director	$0	$0	$0
CATHY SEYMOUR	DIRECTOR	Director	$0	$0	$0
PAUL SEYMOUR	DIRECTOR	Director	$0	$0	$0
TERRI KODGIS	PRESIDENT	Officer	$0	$0	$0
WILLIAM L NEATROUR JR	VICE PRESIDENT	Officer	$0	$0	$0
RAYMOND PONCHIONE	SECRETARY/TREASURER	Officer	$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	$585,136	$523,661	$1,115,992	$61,475
2024	$579,337	$554,867	$1,284,661	$24,470
2023	$520,952	$538,243	$1,164,184	$-17,291
2022	$554,960	$565,871	$1,263,782	$-10,911
2021	$494,684	$576,120	$1,373,439	$-81,436
2020	$489,962	$539,263	$1,492,393	$-49,301

TURNER AFFORDABLE HOUSING INC