OTTUMWA, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AHEAD INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $396K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $303K, a strong 77% operating margin.
TO HELP FIRST TIME HOMEBUYERS THROUGH LOW INTEREST LOANS. THE LOANS CAN BE UP TO $10,000, PAYABLE OVER A MAXIMUM OF 10 YEARS, AT A 3% INTEREST RATE, WITH AN EQUAL MONTHLY PAYMENT AMOUNT FROM THE BORROWER. IN ADDITION, FROM THE REGIONAL HOUSING TRUST FUND MONIES RECEIVED, OUR MISSION IS TO PROVIDE HOUSING REHABILITATION ASSISTANCE TO QUALIFIED HOMEOWNERS, AND TO PROVIDE TENANT RENTAL AND UTILITY ASSISTANCE TO QUALIFIED INDIVIDUALS. IN ADDITION, A REVOLVING LOAN FUND HAS BEEN ESTABLISHED IN RELATION TO THIS PROGRAM FOR OWNER AND RENTAL REHABILITATION LOANS.
FISCAL YEAR 2011 WAS OUR FIRST YEAR AS PART OF THE REGIONAL HOUSING TRUST FUND. THROUGH THE YEARS WE PROVIDED TENANT RENTAL AND HOMEOWNER UTILITY ASSISTANCE TO SEVERAL HUNDRED QUALFIED LOW INCOME...
FISCAL YEAR 2011 WAS OUR FIRST YEAR AS PART OF THE REGIONAL HOUSING TRUST FUND. THROUGH THE YEARS WE PROVIDED TENANT RENTAL AND HOMEOWNER UTILITY ASSISTANCE TO SEVERAL HUNDRED QUALFIED LOW INCOME HOUSEHOLDS. RENTAL AND UTILITY ASSISTANCE FUNDS WERE FUNNELED THROUGH THE COUNTY GENERAL RELIEF DIRECTORS, WHO DISPERSED THESE FUNDS TO RECIPIENTS. THERE ARE ALSO OUTSTANDING LOANS TO LOW INCOME HOUSEHOLDS, SO THESE HOMEOWNERS COULD USE THESE FUNDS FOR SUCH THINGS AS ROOFS, GUTTERS, SIDING, FOUNDATION REPAIRS, AND VARIOUS STRUCTURAL IMPROVEMENTS. ALSO, THERE ARE OUTSTANDING LOANS TO DIFFERENT HABITAT FOR HAMANITIES AND TO ADDITIONAL NON-PROFITS FOR CONSTRUCTING OR REPAIRING HOMES IN THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $395,604 | $587,107 | -0.3% |
| Expenses | $92,521 | $107,073 | -0.1% |
| Net Income | $303,083 | $480,034 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAN STRODA | CHARMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN TOMETICH | VICE-CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS BOWERS | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HELGERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $395,604 | $92,521 | $3,819,414 | $303,083 |
| 2024 | $587,107 | $107,073 | $3,510,755 | $480,034 |
| 2023 | $526,470 | $183,584 | $3,020,860 | $342,886 |
| 2022 | $466,531 | $67,972 | $2,677,605 | $398,559 |
| 2021 | $384,583 | $71,201 | $2,277,509 | $313,382 |
| 2020 | $268,871 | $94,347 | $1,963,443 | $174,524 |
| 2019 | $285,915 | $61,769 | $1,780,253 | $224,146 |
| 2018 | $216,634 | $42,609 | $1,555,845 | $174,025 |
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