MASSACHUSETTS AVENUE SUSTAINABLE HOMES HOUSING DEVELOPMENT FUND COM (EIN 463864309) - 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

DAWN WELLS-CLYBURN

Phone

7168840356

Tax Period

2023-01-01 to 2023-12-31

MASSACHUSETTS AVENUE SUSTAINABLE HOMES HOUSING DEVELOPMENT FUND COM, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $19K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $65K exceeded revenue, resulting in a 252% operating deficit.

Mission

TO PROVIDE HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME AS DEFINED IN SECTION 2 OF THE PRIVATE HOUSING FINANCE LAW, WHICH HOUSING ACCOMODATIONS SHALL BE SITUATED AND LOCATED AT/OR NEAR MASSACHUSETTS AVENUE, CITY OF BUFFALO, NEW YORK.

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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 $0

Program Service Revenue $18,621

Investment Income $0

Other Revenue $0

TOTAL REVENUE $18,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,499

Other Expenses $65,499

TOTAL EXPENSES $65,499

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,621	$34,811	-0.5%
Expenses	$65,499	$71,115	-0.1%
Net Income	$-46,878	$-36,304	+0.3%

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

$185,746

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT JAHNKE	PRESIDENT	2.00	Officer Director	$0	$0	$0
RAMONE ALEXANDER	SECRETARY	2.00	Director	$0	$0	$0
JIM ANDERSON	TREASURER	2.00	Officer Director	$0	$0	$0
RAHWA GHIRMATZION	VICE PRESIDENT	2.00	Officer	$0	$0	$103,452
DAWN WELLS-CLYBURN	VICE PRESIDENT	2.00	Officer	$0	$0	$82,294

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	$18,621	$65,499	$1,131,296	$-46,878
2022	$34,811	$71,115	$1,178,642	$-36,304
2021	$35,388	$68,032	$1,214,249	$-32,644
2020	$35,187	$67,225	$1,249,507	$-32,038
2019	$172,311	$63,992	$1,283,189	$108,319
2018	$35,082	$66,438	$1,321,491	$-31,356

MASSACHUSETTS AVENUE SUSTAINABLE HOMES HOUSING DEVELOPMENT FUND COM