FOREST PARK AFFORDABLE HOUSING INC (EIN 521982709) - 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

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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $585,938

Other Expenses $585,938

TOTAL EXPENSES $585,938

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	$7,679	-1.0%
Expenses	$585,938	$365,796	+0.6%
Net Income	N/A	$-358,117	N/A

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	No data	$585,938	No data	No data
2020	$7,679	$365,796	$587,378	$-358,117
2019	$12,862	$517,502	$944,055	$-504,640

FOREST PARK AFFORDABLE HOUSING INC