COLUMBIA DOWNTOWN HOUSING CORPORATION (EIN 461508330) - 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

JOLLY BURKS

Phone

4109353379

Tax Period

2023-01-01 to 2023-12-31

COLUMBIA DOWNTOWN HOUSING CORPORATION, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $403K in total revenue in fiscal year 2023. Revenue surged 248% from the prior year, signaling strong growth momentum. The organization ran a surplus of $259K, a strong 64% operating margin.

Mission

TO MAKE LOW-INCOME HOUSING AVAILABLE TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.

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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 $64,415

Program Service Revenue $13,246

Investment Income $324,868

Other Revenue $0

TOTAL REVENUE $402,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,669

Other Expenses $143,296

TOTAL EXPENSES $143,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$402,529	$115,512	+2.5%
Expenses	$143,296	$83,488	+0.7%
Net Income	$259,233	$32,024	+7.1%

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

N/A

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
REV MARY KA KANAHAN	BOARD CHAIR, PRESIDENT	6.00	Officer Director	$0	$0	$0
CHRISTOPHER J FRITZ	DIRECTOR, SECRETARY	2.00	Officer Director	$0	$0	$0
JOLLY BURKS	DIRECTOR, TREASURER	2.00	Officer Director	$0	$0	$0
JOHN DEZINNO	DIRECTOR	1.00	Director	$0	$0	$0
BETHANY HOOPER	DIRECTOR	1.00	Director	$0	$0	$0
PETER MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL SNYDER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA SYLVESTER	DIRECTOR	1.00	Director	$0	$0	$0
REV DR ROBERT TURNER	DIRECTOR	1.00	Director	$0	$0	$0
JERYL BAKER	DIRECTOR	1.00	Director	$0	$0	$0
GARY GAROFALO	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER SHERIDAN	DIRECTOR	1.00	Director	$0	$0	$0
LEONARDO MCCARTHY THRU 10524	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE ROTHSCHILD	DIRECTOR, SECRETARY (THRU 1/24/23)	1.00	Director	$0	$0	$0
GREGORY FITCHITT	DIRECTOR, EX-OFFICIO	1.00	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	$402,529	$143,296	$8,972,775	$259,233
2022	$115,512	$83,488	$8,634,270	$32,024
2021	$129,576	$76,800	$8,565,032	$52,776
2020	$166,071	$65,039	$8,528,438	$101,032
2019	$223,202	$34,183	$8,422,844	$189,019
2018	$3,324,706	$16,563	$8,204,452	$3,308,143

COLUMBIA DOWNTOWN HOUSING CORPORATION