TURNAGAIN ARMS COMMUNITY HOUSING ASSOCIATION (EIN 330655300) - 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

1995

Legal Domicile

Principal Officer

BOB KENT

Phone

6192826647

Tax Period

2023-01-01 to 2023-12-31

TURNAGAIN ARMS COMMUNITY HOUSING ASSOCIATION, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $313K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $209K, a strong 67% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING.

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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 $275,995

Investment Income $36,844

Other Revenue $0

TOTAL REVENUE $312,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,019

Other Expenses $104,019

TOTAL EXPENSES $104,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$312,839	$280,555	+0.1%
Expenses	$104,019	$101,062	+0.0%
Net Income	$208,820	$179,493	+0.2%

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
SEAN SPEAR	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
FRANCISCO DE LOS SANTOS	PRESIDENT	3.00	Officer Director	$0	$0	$0
BOB KENT	TREASURER	3.00	Officer 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	No data	No data	No data	No data
2023	$312,839	$104,019	$9,157,518	$208,820
2022	$280,555	$101,062	$8,948,698	$179,493
2021	$276,441	$97,829	$8,769,205	$178,612
2020	$276,147	$136,501	$8,590,853	$139,646
2019	$276,278	$92,678	$8,450,957	$183,600
2018	$276,284	$89,629	$8,267,347	$186,655

TURNAGAIN ARMS COMMUNITY HOUSING ASSOCIATION