ADVANTAGE HOUSING INC

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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

2012

Legal Domicile

Principal Officer

JEFF MILLER

Tax Period

2023-01-01 to 2023-12-31

ADVANTAGE HOUSING INC, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $568K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

TO PROVIDE HOUSING FOR INDIVIDUALS IN NEED, SUCH AS, BUT NOT NECESSARILY LIMITED TO, PEOPLE COMING FROM DOMESTIC ABUSE SITUATIONS.

Program Service Accomplishments

Program 1

Expenses: $530,366

PROVID QUAILITY AFFORDABLE RENTAL HOUSING TO INDIVIDUALS IN NEED, AS WELL AS HOME OWNERSHIP OPPORTUNITIES TO PEOPLE OF MODERATE, LOW, AND VERY LOW INCOME. 331 PEOPLE BENEFITED DURING 2016.

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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 $410,031

Program Service Revenue $51,187

Investment Income $-11,818

Other Revenue $118,883

TOTAL REVENUE $568,283

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,764

Fundraising Expenses $3,598

Program Expenses $530,366

Other Expenses $430,462

TOTAL EXPENSES $610,226

Year-over-Year Comparison

	2023	2022	Change
Revenue	$568,283	$655,128	-0.1%
Expenses	$610,226	$775,353	-0.2%
Net Income	$-41,943	$-120,225	-0.7%

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

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
MARK ALLEGRETTO	BOARD TREASU	2.00	Officer Director	$0	$0	$0
JULIE BORDON	BOARD SECRET	2.00	Officer Director	$0	$0	$0
JEFF MILLER	BOARD PRESID	2.00	Officer Director	$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	$568,283	$610,226	$676,507	$-41,943
2022	$655,128	$775,353	$744,224	$-120,225
2021	$634,612	$712,527	$792,115	$-77,915
2020	$875,940	$651,364	$786,744	$224,576
2019	$568,334	$780,831	$418,801	$-212,497
2018	$505,549	$631,762	$573,019	$-126,213