AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION (EIN 475018774) - 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

2015

Legal Domicile

Principal Officer

TRISHA OGATA

Phone

8085344434

Tax Period

2023-01-01 to 2023-12-31

AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 19304% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.1M, a strong 100% operating margin.

Mission

THE ORGANIZATION IS INCORPORATED TO SUPPORT THE PRESERVATION, REHABILITATION AND DEVELOPMENT OF, AND ACCESS TO, AFFORDABLE HOUSING, AND TO SUPPORT ECONOMIC OPPORTUNITIES FOR LOWER-INCOME FAMILIES. THE ORGANIZATION SHALL FUNCTION PRIMARILY AS A FUNDING ORGANIZATION THAT SECURES AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITY GRANTS, LOANS OR OTHER FUNDING FROM GOVERNMENTAL AGENCIES, LENDERS, PUBLIC AND PRIVATE COMPANIES AND CHARITABLE ORGANIZATIONS, AND THEREAFTER PARTNERING WITH AFFORDABLE HOUSING DEVELOPERS AND SERVICE PROVIDERS TO PROMOTE, PRESERVE AND PROVIDE AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITIES TO RESIDENTS IN NEED.

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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 $5,152,006

Program Service Revenue $0

Investment Income $36

Other Revenue $0

TOTAL REVENUE $5,152,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,611

Other Expenses $6,018

TOTAL EXPENSES $6,018

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,152,042	$26,551	+193.0%
Expenses	$6,018	$7,601	-0.2%
Net Income	$5,146,024	$18,950	+270.6%

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

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
SCOTT W SETTLE	President	10.00	Officer Director	$0	$0	$0
PAUL MARX	Director	1.00	Director	$0	$0	$0
DAVID F FASI	Vice President	1.00	Officer Director	$0	$0	$0
MISTY KJALLMAN	Director	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	$5,152,042	$6,018	$7,134,926	$5,146,024
2022	$26,551	$7,601	$1,988,902	$18,950
2021	$476,691	$3,329	$1,969,952	$473,362
2020	$552,247	$6,562	$1,517,923	$545,685
2019	$949,238	$279,009	$950,905	$670,229
2018	$328,518	$269,688	$280,676	$58,830

AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION