NEIGHBORHOOD AFFORDABLE HOUSING FRIENDS INC (EIN 300020289) - 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

2004

Legal Domicile

Principal Officer

JOSEPH CAPANO

Phone

2019436000

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD AFFORDABLE HOUSING FRIENDS INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $482K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $414K left a modest 14% surplus.

Mission

TO PROVIDE AFFORDABLE HOUSING IN THE TOWN OF EDGEWATER, NEW JERSEY

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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 $254,167

Program Service Revenue $226,698

Investment Income $1,588

Other Revenue $0

TOTAL REVENUE $482,453

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,861

Fundraising Expenses $0

Program Expenses $414,276

Other Expenses $355,415

TOTAL EXPENSES $414,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$482,453	$534,435	-0.1%
Expenses	$414,276	$463,707	-0.1%
Net Income	$68,177	$70,728	0.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH CAPANO	EXECUTIVE DI	N/A	Director	$0	$0	$0
JIM D'ANNA	TRUSTEE	N/A	Director	$0	$0	$0
ROBERT HEUSTON	TRUSTEE	N/A	Director	$0	$0	$0
VINCENT MONTE	VICE-CHAIR	N/A	Director	$0	$0	$0
DIMITRIOS NIKOLAIDIS	CHAIRPERSON	N/A	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	$482,453	$414,276	$2,205,876	$68,177
2023	$534,435	$463,707	$2,195,591	$70,728
2022	$429,785	$414,058	$2,134,058	$15,727
2021	$426,104	$346,542	$2,142,548	$79,562
2020	$405,972	$387,928	$2,086,728	$18,044
2019	$377,695	$362,483	$2,098,522	$15,212
2018	$378,216	$366,032	$2,106,389	$12,184

NEIGHBORHOOD AFFORDABLE HOUSING FRIENDS INC