SONOMA COUNTY AFFORDABLE HOMES INC (EIN 680275241) - 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

1991

Legal Domicile

Principal Officer

DAVE EGAN

Phone

4152581800

Tax Period

2024-01-01 to 2024-12-31

SONOMA COUNTY AFFORDABLE HOMES INC, founded in 1991, is a small nonprofit in the Unknown sector that reported $403K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $498K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROVIDE HOUSING FOR LOW INCOME PERSONS, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS, AND TO LESSEN THE BURDEN OF LOCAL GOVERNMENT BY PROVIDING HOUSING FOR VERY LOW TO MODERATE INCOME HOUSEHOLDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $98,680

Program Service Revenue $301,650

Investment Income $2,838

Other Revenue $0

TOTAL REVENUE $403,168

Expense Breakdown

Grants Paid $4,118

Salaries & Benefits $53,633

Fundraising Expenses $0

Program Expenses $497,739

Other Expenses $439,988

TOTAL EXPENSES $497,739

Year-over-Year Comparison

	2024	2023	Change
Revenue	$403,168	$348,084	+0.2%
Expenses	$497,739	$479,685	+0.0%
Net Income	$-94,571	$-131,601	-0.3%

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

$512,826

Total Directors

$512,826

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEN RAY	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
DANIEL RHINE	DIRECTOR	0.10	Director	$0	$0	$0
DAVE EGAN	PRESIDENT	0.10	Officer Director	$0	$32,623	$302,676
TESSA QUINTANILLA	SECRETARY/TREAS	9.00	Officer Director	$47,511	$25,148	$210,150
NATASHA RABEY	DIRECTOR	0.10	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	$403,168	$497,739	$364,363	$-94,571
2023	$348,084	$479,685	$357,117	$-131,601
2022	$386,403	$444,657	$355,185	$-58,254
2021	$357,549	$432,324	$324,439	$-74,775
2020	$311,052	$380,840	$292,708	$-69,788
2019	$329,444	$3,507,473	$356,695	$-3,178,029
2018	$2,034,177	$505,358	$3,505,794	$1,528,819

SONOMA COUNTY AFFORDABLE HOMES INC