DELAWARE AFFORDABLE HOUSING GROUP INC (EIN 271236960) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

RAYMOND FITZGERALD

Phone

3024296701

Tax Period

2024-01-01 to 2024-12-31

DELAWARE AFFORDABLE HOUSING GROUP INC, founded in 2009, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 268% from the prior year, signaling strong growth momentum. The organization ran a surplus of $891K, a strong 39% operating margin.

Mission

To do all things which may be necessary, appropriate or convenient to the achievement of the foregoing purposes and which may lawfully be done by a nonprofit corporation under and pursuant to the laws of the State of Delaware and which are not otherwise prohibited by this Certificate of Incorporation or the Bylaws of the Corporation.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,152,763

Program Service Revenue $130,240

Investment Income $227

Other Revenue $6,308

TOTAL REVENUE $2,289,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $527,244

Fundraising Expenses $0

Program Expenses $1,264,037

Other Expenses $871,284

TOTAL EXPENSES $1,398,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,289,538	$622,945	+2.7%
Expenses	$1,398,528	$364,710	+2.8%
Net Income	$891,010	$258,235	+2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND FITZGERALD	Executive Dir.	1.00	Officer Director	$0	$0	$0
DAN CRUZ	BOARD MEMBER	1.00	Director	$0	$0	$0
TYNETTA SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
SAAD SOLIMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY SMITH	BOARD MEMBER	1.00	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	$2,289,538	$1,398,528	$13,328,206	$891,010
2023	$622,945	$364,710	$5,639,658	$258,235

DELAWARE AFFORDABLE HOUSING GROUP INC