MILLIKEN AFFORDABLE HOUSING INC (EIN 521952670) - 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

1995

Legal Domicile

Principal Officer

RICHARD BURNS

Phone

6463364940

Tax Period

2021-01-01 to 2021-12-31

MILLIKEN AFFORDABLE HOUSING INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $464K in total revenue in fiscal year 2021. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $360K, a strong 78% operating margin.

Mission

TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP AND OPERATION OF AFFORDABLE HOUSING FOR LOW INCOME 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $464,238

Investment Income $0

Other Revenue $0

TOTAL REVENUE $464,238

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,032

Other Expenses $104,403

TOTAL EXPENSES $104,403

Year-over-Year Comparison

	2021	2020	Change
Revenue	$464,238	$612,199	-0.2%
Expenses	$104,403	$302,750	-0.7%
Net Income	$359,835	$309,449	+0.2%

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

N/A

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

$2,580,812

Total Directors

$1,297,197

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH P WIEDORFER	BOARD MEMBER / VICE PRESIDENT	1.00	Officer Director	$0	$18,872	$298,872
RICHARD BURNS	BOARD MEMBER / PRESIDENT	1.00	Officer Director	$0	$17,019	$717,019
THOMAS G VACCARO	BOARD MEMBER / SECRETARY	1.00	Officer Director	$0	$36,306	$281,306
ALLA ELEON	TREASURER	1.00	Officer	$0	$2,000	$237,000
CARLOS GONZALES	VICE PRESIDENT	1.00	Officer	$0	$14,685	$239,685
ERIC PRICE	VICE PRESIDENT	1.00	Officer	$0	$9,664	$309,664
STEPHEN M GREEN	VICE PRESIDENT	1.00	Officer	$0	$32,266	$497,266

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
2021	$464,238	$104,403	$8,414,314	$359,835
2020	$612,199	$302,750	$8,054,109	$309,449
2019	$520,318	$179,663	$7,743,340	$340,655
2018	$500,149	$178,750	$7,401,855	$321,399

MILLIKEN AFFORDABLE HOUSING INC