ROCKPORT AFFORDABLE HOUSING INC (EIN 273491179) - 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

2010

Legal Domicile

Principal Officer

ANDREW DEFRANZA

Phone

9784737160

Tax Period

2023-01-01 to 2023-12-31

ROCKPORT AFFORDABLE HOUSING INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $347K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $387K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES TO LOW-INCOME INDIVIDUALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $340,569

Investment Income $576

Other Revenue $6,131

TOTAL REVENUE $347,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $339,087

Other Expenses $386,849

TOTAL EXPENSES $386,849

Year-over-Year Comparison

	2023	2022	Change
Revenue	$347,276	$316,787	+0.1%
Expenses	$386,849	$359,072	+0.1%
Net Income	$-39,573	$-42,285	-0.1%

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

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

$856,620

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABU POPPIN	DIRECTOR	1.00	Director	$0	$0	$0
ALAN TEMKIN	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA NINA-SOTO	DIRECTOR	1.00	Director	$0	$0	$0
DANE POESKE	DIRECTOR	1.00	Director	$0	$0	$0
ISIS PATTERON	DIRECTOR	1.00	Director	$0	$0	$0
JACK ALVES	OUTGOING DIRECTOR	1.00	Director	$0	$0	$0
JOHN THOMSON	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN NOYES	DIRECTOR	1.00	Director	$0	$0	$0
KURT JAMES	CLERK	1.00	Officer Director	$0	$0	$0
MICHAEL SCHAAF	DIRECTOR	1.00	Director	$0	$0	$0
PAM CONSTANTINE	VICE PRESIDENT	1.00	Director	$0	$0	$0
RICK ALPERN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT GILLIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
TRACEY ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SCANLON	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW DEFRANZA	EXECUTIVE DIRECTOR	1.00	Officer	$0	$19,449	$485,076
TIMOTHY DONOVAN	COO	1.00	Officer	$0	$30,534	$371,544

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	$347,276	$386,849	$2,497,512	$-39,573
2022	$316,787	$359,072	$2,527,973	$-42,285
2021	$325,575	$348,212	$2,615,226	$-22,637
2020	$311,357	$318,790	$2,589,659	$-7,433
2019	$325,984	$338,758	$2,579,788	$-12,774
2018	$313,492	$377,058	$2,610,338	$-63,566

ROCKPORT AFFORDABLE HOUSING INC