FLORIN HOUSING CORPORATION

🔒

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

1995

Legal Domicile

Principal Officer

DOUG SHOEMAKER

Phone

3038303300

Tax Period

2020-01-01 to 2020-12-31

FLORIN HOUSING CORPORATION, founded in 1995, is a micro nonprofit that reported $21K in total revenue in fiscal year 2020. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $25K exceeded revenue, resulting in a 21% operating deficit.

Mission

MANAGE OR DIRECT LOW-INCOME HOUSING AND PROVIDE SERVICES TO LOW-INCOME FAMILIES, ELDERLY, HANDICAPPED, HOMELESS, POTENTIALLY HOMELESS, OR OTHERWISE DISADVANTAGED PERSONS

Program Service Accomplishments

Program 1

Expenses: $25,006 Revenue: $20,600

THE PURPOSE OF FLORIN HOUSING CORPORATION IS TO MANAGE OR DIRECT ENTITIES WHICH ARE ORGANIZED FOR THE PURPOSE OF CREATING STABLE, VIBRANT AND HEALTHY COMMUNITIES BY DEVELOPING, FINANCING AND...

THE PURPOSE OF FLORIN HOUSING CORPORATION IS TO MANAGE OR DIRECT ENTITIES WHICH ARE ORGANIZED FOR THE PURPOSE OF CREATING STABLE, VIBRANT AND HEALTHY COMMUNITIES BY DEVELOPING, FINANCING AND OPERATING AFFORDABLE, PROGRAM-ENRICHED HOUSING FOR FAMILIES, SENIORS AND PEOPLE WITH SPECIAL NEEDS WHO LACK THE ECONOMIC RESOURCES TO ACCESS QUALITY, SAFE HOUSING OPPORTUNITIES.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $20,600

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,006

Other Expenses $25,006

TOTAL EXPENSES $25,006

Year-over-Year Comparison

	2020	2019	Change
Revenue	$20,600	$411,246	-0.9%
Expenses	$25,006	$26,524	-0.1%
Net Income	$-4,406	$384,722	-1.0%

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

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

$3,103,886

Total Directors

$376,563

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER DOLIN	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$23,904	$201,708
SR LIBBY FERNANDEZ	DIRECTOR	1.00	Director	$0	$0	$0
STEPHAN DAUES	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$9,668	$174,855
ALVIN TUVILLA	VICE PRESIDENT	1.00	Officer	$0	$10,471	$158,927
AMY BAYLEY	ASSISTANT SECRETARY	1.00	Officer	$0	$0	$0
BARBARA GUALCO	VICE PRESIDENT	1.00	Officer	$0	$11,541	$182,369
BRUCE SAAB	VICE PRESIDENT	1.00	Officer	$0	$18,166	$164,816
DOUG SHOEMAKER	PRESIDENT	1.00	Officer	$0	$23,619	$294,719
EDWARD HOLDER	VICE PRESIDENT	1.00	Officer	$0	$32,567	$269,551
ERIKA VILLABLANCA	VICE PRESIDENT	1.00	Officer	$0	$23,036	$169,554
JOSEPH ROSENBLUM	SECRETARY	1.00	Officer	$0	$8,262	$174,158
MELISSA CLAYTON	VICE PRESIDENT	1.00	Officer	$0	$29,467	$250,176
RAMIE DARE	VICE PRESIDENT	1.00	Officer	$0	$20,219	$180,427
RICH CIRAULO	VICE PRESIDENT	1.00	Officer	$0	$29,222	$156,997
RICK SPRAGUE	VICE PRESIDENT	1.00	Officer	$0	$14,257	$172,952
STEVE SPEARS	TREASURER	1.00	Officer	$0	$35,048	$379,842
TIM DUNN	VICE PRESIDENT	1.00	Officer	$0	$29,507	$172,835

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
2020	$20,600	$25,006	$-7,511,314	$-4,406
2019	$411,246	$26,524	$-7,531,659	$384,722
2018	$-3,829	$1,681	$-7,552,108	$-5,510