ALPHA HOUSING INC (EIN 341622819) - 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

1988

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ALPHA HOUSING INC, founded in 1988, is a small nonprofit that reported $751K in total revenue in fiscal year 2023. Expenses of $665K left a modest 11% surplus.

Mission

Low income housing for the elderly.

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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 $746,770

Investment Income $1,955

Other Revenue $1,873

TOTAL REVENUE $750,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,884

Fundraising Expenses $0

Program Expenses $505,924

Other Expenses $546,009

TOTAL EXPENSES $664,893

Year-over-Year Comparison

	2023	2022	Change
Revenue	$750,598	$743,003	+0.0%
Expenses	$664,893	$703,818	-0.1%
Net Income	$85,705	$39,185	+1.2%

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
HUGH A TURNER	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD HUCKABEE	SECRETARY	1.00	Director	$0	$0	$0
RAYMOND MCDANIEL	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY McCRIMAGER	BOARD MEMBER	1.00	Director	$0	$0	$0
AHMAD MUSTAPHA	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMUEL R SMITH II	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT L BROWN Sr	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL J BRINSON Sr	VICE PRESIDENT	1.00	Director	$0	$0	$0
VIRGIL L PITTMAN Jr	PRESIDENT	2.00	Officer Director	$0	$0	$0
RETANIO RUCKER	TREASURER	2.00	Officer Director	$0	$0	$0
ALBERT BRAGG Jr	EXECUTIVE DIRECTOR	1.00	Key Emp	$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	$750,598	$664,893	$1,813,340	$85,705
2022	$743,003	$703,818	$1,822,095	$39,185
2021	$844,423	$601,077	$1,751,775	$243,346
2020	$699,386	$618,726	$1,549,768	$80,660

ALPHA HOUSING INC