NOAHS ARK AFFORDABLE HOUSING INC (EIN 411777250) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

JONATHAN FLETCHER

Phone

6516316162

Tax Period

2023-10-01 to 2024-09-30

NOAHS ARK AFFORDABLE HOUSING INC, founded in 1994, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $621K, a strong 29% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,287

Program Service Revenue $1,965,021

Investment Income $145,296

Other Revenue $18,721

TOTAL REVENUE $2,135,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,588

Fundraising Expenses $0

Program Expenses $1,165,033

Other Expenses $1,250,163

TOTAL EXPENSES $1,514,751

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,135,325	$1,933,821	+0.1%
Expenses	$1,514,751	$1,501,252	+0.0%
Net Income	$620,574	$432,569	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

$1,886,028

Total Directors

$1,886,028

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN LINDH	BOARD CHAIR/CEO	1.00	Officer Director	$0	$26,250	$1,089,847
MARK MEYER	SEC/TREAS/CFO	1.00	Officer Director	$0	$21,646	$500,746
JONATHAN FLETCHER	VP DEVELOPMENT	1.00		$0	$28,580	$408,664
MARK PEDERSON	BRD VICE CHAIR	1.00	Officer Director	$0	$21,854	$295,435

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	$2,135,325	$1,514,751	$7,906,248	$620,574
2023	$1,933,821	$1,501,252	$7,576,865	$432,569
2022	$1,633,810	$1,553,670	$7,451,326	$80,140
2021	$1,761,786	$1,542,014	$7,788,549	$219,772
2020	$1,735,158	$1,557,930	$7,907,654	$177,228
2019	$1,623,329	$1,754,770	$7,937,946	$-131,441
2018	$2,164,888	$2,078,648	$8,309,625	$86,240

NOAHS ARK AFFORDABLE HOUSING INC