MAAC HOUSING CORPORATION (EIN 330913559) - 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

2000

Legal Domicile

Principal Officer

ARNULFO MANRIQUEZ

Phone

6194263595

Tax Period

2023-01-01 to 2023-12-31

MAAC HOUSING CORPORATION, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $5.5M in total revenue in fiscal year 2023. The organization ran a surplus of $1.4M, a strong 26% operating margin.

Mission

WELFARE MAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS

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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 $4,482,494

Investment Income $988,660

Other Revenue $0

TOTAL REVENUE $5,471,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $446,077

Fundraising Expenses $0

Program Expenses $4,062,008

Other Expenses $3,615,931

TOTAL EXPENSES $4,062,008

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,471,154	$5,187,555	+0.1%
Expenses	$4,062,008	$4,051,633	+0.0%
Net Income	$1,409,146	$1,135,922	+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

$643,967

Total Directors

$643,967

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARNULFO MANRIQUEZ	CHIEF EXECUTIVE OFFICER	0.50	Officer Director	$0	$53,264	$411,384
SHREYA SASAKI	SECRETARY	0.50	Officer Director	$0	$0	$0
AUSTIN FOYE	CHIEF FINANCIAL OFFICCER	0.50	Officer Director	$0	$29,572	$232,583

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	$5,471,154	$4,062,008	$61,310,146	$1,409,146
2022	$5,187,555	$4,051,633	$48,248,981	$1,135,922
2021	$4,910,300	$3,734,885	$47,109,287	$1,175,415
2020	$4,962,993	$3,843,076	$46,058,266	$1,119,917
2019	$3,015,967	$2,327,467	$45,217,730	$688,500
2018	$5,423,728	$5,711,701	$55,558,029	$-287,973

MAAC HOUSING CORPORATION