ASIAN-AMERICAN HOMEOWNERSHIP COUNSELING INC (EIN 272195936) - 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

2010

Legal Domicile

Principal Officer

SONG HUTCHINS

Phone

3017607636

Tax Period

2019-01-01 to 2019-12-31

ASIAN-AMERICAN HOMEOWNERSHIP COUNSELING INC, founded in 2010, is a micro nonprofit that reported $16K in total revenue in fiscal year 2019. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $623K exceeded revenue, resulting in a 3825% operating deficit.

Mission

PROVIDE COUNSELING, EDUCATION, AND RESOURCES TO LOW-MODERATE INCOME IMMIGRANT FAMILIES TO ACHIEVE THE AMERICAN DREAM OF HOMEOWNERSHIP AND BECOME FINANCIALLY SELF-SUFFICIENT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $4,562

Program Service Revenue $6,407

Investment Income $3,995

Other Revenue $902

TOTAL REVENUE $15,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,395

Fundraising Expenses $0

Program Expenses $613,125

Other Expenses $496,375

TOTAL EXPENSES $622,770

Year-over-Year Comparison

	2019	2018	Change
Revenue	$15,866	$471,840	-1.0%
Expenses	$622,770	$393,083	+0.6%
Net Income	$-606,904	$78,757	-8.7%

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

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

$87,707

Total Directors

$87,707

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONG HUTCHINS	PRESIDENT/CEO	40.00	Officer Director	$87,707	$0	$87,707
SUSAN MEKENNEY	CHAIRMAN	0.50	Officer Director	$0	$0	$0
SHANI ELSE	SECRETARY	1.00	Officer Director	$0	$0	$0
JAE YOUNG SHIN	TREASURER	0.50	Officer Director	$0	$0	$0
GRACIA DIVINA VALERA-JARAMILLO	BOARD MEMBER	0.50	Director	$0	$0	$0
LARRY LA	BOARD MEMBER	0.50	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
2019	$15,866	$622,770	No data	$-606,904
2018	$471,840	$393,083	$622,944	$78,757

ASIAN-AMERICAN HOMEOWNERSHIP COUNSELING INC