FAMILY COMMUNITY HOUSING ASSOCIATIONINC (EIN 582601977) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

JULIUS WEBB

Phone

4702766945

Tax Period

2023-01-01 to 2023-12-31

FAMILY COMMUNITY HOUSING ASSOCIATIONINC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $408K in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum.

Mission

PROVIDE AFFORDABLE AND SUSTAINABLE HOMEOWNERSHIP TO LOW-TO-MODERATE INCOME HOUSEHOLDS WHILE SUPPORTING ENVIROMENTAL EFFORTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $154,450

Program Service Revenue $253,930

Investment Income $0

Other Revenue $0

TOTAL REVENUE $408,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,424

Fundraising Expenses $0

Program Expenses $345,601

Other Expenses $355,448

TOTAL EXPENSES $427,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$408,380	$224,467	+0.8%
Expenses	$427,872	$398,235	+0.1%
Net Income	$-19,492	$-173,768	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$72,000

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIUS WEBB	EXECUTIVE DI	40.00	Officer Director	$72,000	$0	$72,000
VICTOR BURGESS	DIRECTOR	1.00	Director	$0	$0	$0
HENRY MORTON	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
JASMINE RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY SMITH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
YAKEIAME THOMAS	TREASURER	1.00	Officer Director	$0	$0	$0
JUDY WEBB	SECRETARY	1.00	Officer 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	$408,380	$427,872	$259,979	$-19,492
2022	$224,467	$398,235	$264,101	$-173,768
2021	$376,249	$620,998	$487,159	$-244,749
2020	$913,075	$597,136	$571,189	$315,939
2019	$774,503	$693,600	$144,213	$80,903
2018	$99,951	$75,673	$31,632	$24,278

FAMILY COMMUNITY HOUSING ASSOCIATIONINC