AMERICAN FOUNDATION FOR AFFORDABLE HOUSINGINC (EIN 541660503) - 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

1999

Legal Domicile

Principal Officer

NORMAN B GOLD

Phone

9175726902

Tax Period

2023-01-01 to 2023-12-31

AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC, founded in 1999, is a small nonprofit that reported $266K in total revenue in fiscal year 2018. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $56K, a strong 21% operating margin.

Mission

PROVIDE AFFORDABLE HOUSING TO THE POOR AND ELDERLY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,082,582

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,082,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,477

Fundraising Expenses $0

Other Expenses $102,174

TOTAL EXPENSES $252,651

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,082,582	$956,993	+0.1%
Expenses	$252,651	$185,290	+0.4%
Net Income	$829,931	$771,703	+0.1%

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

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

$144,900

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
B HUNT WHITBECK JR	EXECUTIVE DI	30.00	Officer	$72,900	$0	$72,900
DONALD ALLISON	VICE PRESIDE	2.00	Officer Director	$36,000	$0	$36,000
NORMAN B GOLD	PRESIDENT	2.00	Officer Director	$36,000	$0	$36,000

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	$1,082,582	$252,651	$9,197,147	$829,931
2022	$956,993	$185,290	$8,511,979	$771,703
2021	$911,638	$229,019	$7,597,154	$682,619
2020	$814,860	$269,875	$7,577,183	$544,985
2019	$1,534,769	$252,921	$6,892,828	$1,281,848
2018	$266,137	$209,777	$5,101,960	$56,360

AMERICAN FOUNDATION FOR AFFORDABLE HOUSINGINC