AFFORDA (EIN 455465651) - 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

2012

Legal Domicile

Principal Officer

DANIEL ADAMS

Phone

8013169111

Tax Period

2024-01-01 to 2024-12-31

AFFORDA, founded in 2012, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $944K, a strong 38% operating margin.

Mission

FACILITATING OPPORTUNITIES AND INNOVATIVE SOLUTIONS TO STRENGTHEN COMMUNITIES AND NEIGHBORHOODS

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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 (2024)

Revenue Breakdown

Contributions & Grants $65,476

Program Service Revenue $1,532,284

Investment Income $906,936

Other Revenue $0

TOTAL REVENUE $2,504,696

Expense Breakdown

Grants Paid $0

Salaries & Benefits $353,059

Fundraising Expenses $0

Program Expenses $1,185,123

Other Expenses $1,207,493

TOTAL EXPENSES $1,560,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,504,696	$1,524,718	+0.6%
Expenses	$1,560,552	$911,269	+0.7%
Net Income	$944,144	$613,449	+0.5%

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

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

$473,765

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY CHYTRAUS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LEE DIAL	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MISSY KEY	TREASURER	1.00	Officer Director	$0	$0	$0
KISTY MORRIS	FORMER CHAIRMAN	1.00	Officer Director	$0	$0	$0
TOM CHRISTOPULOS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN RICHARDS	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAUDIA O'GRADY	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DANNY SHIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARLENE WILDE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAKE WOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL ADAMS	EXECUTIVE DIRECTOR	13.34	Officer	$247,500	$33,346	$280,846
AMY THORNTON	CHIEF OPERATING OFFICER	13.34	Officer	$164,795	$28,124	$192,919
ELI WILLIS	CHIEF FINANCIAL OFFICER	13.34	Officer	$0	$0	$0
LUANN SPANGENBERG	LENDING MANAGER	25.00	Highest	$111,240	$0	$111,240

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	$2,504,696	$1,560,552	$54,221,445	$944,144
2023	$1,524,718	$911,269	$33,671,429	$613,449
2022	$605,933	$658,120	$35,451,079	$-52,187
2021	$2,535,036	$865,955	$25,024,590	$1,669,081
2020	$732,781	$902,735	$29,560,532	$-169,954
2019	$2,405,562	$845,047	$25,628,985	$1,560,515
2018	$2,711,155	$762,677	$20,337,768	$1,948,478

AFFORDA