OTTUMWA, IA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
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. WE HAVE ALSO ESTABLISHED A HOME BUYER PROGRAM. TO QUALIFY FOR THIS PROGRAM, THE HOUSEHOLD'S INCOME HAS TO BE $100,000 OR LESS AT THE TIME OF THE LOAN, MUST BE IN THE 6-COUNTY AREA AND INSIDE CITY LIMITS. FURTHERMORE, 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.
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%)
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
Sign in to view all financial metrics
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 |
Compare AHEAD INC with other nonprofits in Iowa and across the country.