Coastal Housing Corporation (EIN 541525662) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Phone

5403822002

Tax Period

2024-01-01 to 2024-12-31

COASTAL HOUSING CORPORATION, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $714K in total revenue in fiscal year 2018. Net assets of $2.2M represent 37 months of operating reserves.

Mission

LOW INCOME HOUSING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $894,292

Investment Income $6,313

Other Revenue $0

TOTAL REVENUE $900,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,719

Fundraising Expenses $0

Program Expenses $1,025,391

Other Expenses $940,379

TOTAL EXPENSES $1,136,098

Year-over-Year Comparison

	2024	2023	Change
Revenue	$900,605	$786,808	+0.1%
Expenses	$1,136,098	$1,072,545	+0.1%
Net Income	$-235,493	$-285,737	-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

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

$1,228,708

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ana Castilla	Vice Chair	1.0	Director	$0	$0	$0
Charles Famuliner	Past Chair	1.0	Director	$0	$0	$0
Deborah Sherman Lee	Member	1.0	Director	$0	$0	$0
Harold Nassau	Member	1.0	Director	$0	$0	$0
John Randolph	Member	1.0	Director	$0	$0	$0
Nathan Kerr	Member	1.0	Director	$0	$0	$0
Racquel Reddie	Board Chair	1.0	Director	$0	$0	$0
Shawn McMahon	Member	1.0	Director	$0	$0	$0
Susan Sisk	Member	1.0	Director	$0	$0	$0
J Andy Hall	COO	1.0	Officer	$0	$39,583	$383,089
Jeffrey Reed	CEO/President	1.0	Officer	$0	$59,710	$505,081
Lance Sutherland	EVP / CFO	1.0	Officer	$0	$62,425	$340,538

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	$900,605	$1,136,098	$1,686,483	$-235,493
2023	$786,808	$1,072,545	$1,891,754	$-285,737
2022	$780,431	$1,056,808	$2,121,731	$-276,377
2021	$755,554	$847,132	$2,092,985	$-91,578
2020	$747,954	$797,854	$2,179,914	$-49,900
2019	$720,606	$791,678	$2,225,595	$-71,072
2018	$714,040	$782,376	$2,292,786	$-68,336

Coastal Housing Corporation