AFFORDABLE HOUSING ALLIANCE II INC (EIN 330616121) - 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

PHILIP WOOD

Phone

9497273656

Tax Period

2023-01-01 to 2023-12-31

AFFORDABLE HOUSING ALLIANCE II INC, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $7.0M in total revenue in fiscal year 2023. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.6M, a strong 66% operating margin.

Mission

TO PROVIDE SAFE AND AFFORDABLE HOUSING TO LOW INCOME FAMILIES AND SENIOR CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,582,294

Investment Income $306,636

Other Revenue $108,131

TOTAL REVENUE $6,997,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,187,588

Fundraising Expenses $0

Program Expenses $2,103,099

Other Expenses $1,174,255

TOTAL EXPENSES $2,361,843

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,997,061	$2,936,081	+1.4%
Expenses	$2,361,843	$2,333,012	+0.0%
Net Income	$4,635,218	$603,069	+6.7%

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

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

$908,635

Total Directors

$674,426

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP WOOD	PRESIDENT AND DIRECTOR	40.00	Officer Director	$297,604	$41,523	$339,127
ANJELA PONCE	EXECUTIVE VP AND DIRECTOR	40.00	Officer Director	$303,604	$9,090	$312,694
DEANNE CECIL	DIRECTOR OF RESIDENT SERVICES AND WELFARE EXEMPTIO	40.00	Director	$22,605	$0	$22,605
DAWN ALLEN	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
CHUCK PACKARD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOANNA MARTINDALE	BOARD MEMBER (TERM 07/2023)	1.00	Director	$0	$0	$0
KATHLEEN GRAVES	BOARD MEMBER (START 11/2023)	1.00	Director	$0	$0	$0
SCOTT WHITMORE	BOARD MEMBER	1.00	Director	$0	$0	$0
TERI WARD	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL CARROLL	CHIEF OPERATING OFFICER	40.00	Officer	$214,120	$42,694	$256,814
GARY PONCE	DIRECTOR OF ASSET MANAGEMENT	40.00	Highest	$145,610	$17,335	$162,945

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	$6,997,061	$2,361,843	$15,700,441	$4,635,218
2022	$2,936,081	$2,333,012	$9,852,292	$603,069
2021	$4,783,011	$2,023,140	$8,277,297	$2,759,871
2020	$1,021,377	$2,157,935	$3,987,354	$-1,136,558
2019	$452,814	$1,960,077	$3,079,433	$-1,507,263
2018	$363,968	$1,801,660	$2,149,949	$-1,437,692

AFFORDABLE HOUSING ALLIANCE II INC