Long Beach Affordable Housing Coalition Inc (EIN 330571228) - 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

1993

Legal Domicile

Principal Officer

David Braunstein

Phone

5622758664

Tax Period

2024-01-01 to 2024-12-31

Long Beach Affordable Housing Coalition Inc, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

The Organization provides affordable housing and neighborhood revitalization activities for very-low and moderate income families, pursuant to federal, state and local programs in the Los Angeles Revitalization Zones.

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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 $0

Program Service Revenue $2,644,206

Investment Income $32,696

Other Revenue $-199,278

TOTAL REVENUE $2,477,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,349

Fundraising Expenses $0

Program Expenses $2,271,494

Other Expenses $2,261,728

TOTAL EXPENSES $2,420,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,477,624	$3,082,153	-0.2%
Expenses	$2,420,077	$2,566,905	-0.1%
Net Income	$57,547	$515,248	-0.9%

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
David Braunstein	President	4.00	Officer Director	$0	$0	$0
Patsy Howard	Secretary	1.00	Officer Director	$0	$0	$0
Brenda Thomas Gould	Director	1.00	Director	$0	$0	$0
Alex Cho	Director	1.00	Director	$0	$0	$0
Evan Braude	Director	1.00	Director	$0	$0	$0
Ron Hoppel	Director	1.00	Director	$0	$0	$0
David Rosen	Director	1.00	Director	$0	$0	$0
Joya De Foor	Director	1.00	Director	$0	$0	$0
Enzo Cottogneti	Executive Dir.	4.00	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
2024	$2,477,624	$2,420,077	$8,568,973	$57,547
2023	$3,082,153	$2,566,905	$8,844,980	$515,248
2022	$2,746,153	$2,460,999	$8,936,139	$285,154
2021	$2,548,425	$2,193,489	$10,722,629	$354,936
2020	$2,521,410	$1,536,038	$10,475,194	$985,372
2019	$4,575,060	$2,876,207	$11,830,667	$1,698,853
2018	$3,079,242	$2,865,111	$10,969,630	$214,131

Long Beach Affordable Housing Coalition Inc