BUTTE COUNTY AFFORDABLE HOUSING DEVELOPM (EIN 680355316) - 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

1994

Legal Domicile

Principal Officer

HOPE STONE

Phone

5308954474

Tax Period

2023-10-01 to 2024-09-30

BUTTE COUNTY AFFORDABLE HOUSING DEVELOPM, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $805K in total revenue in fiscal year 2023. Revenue surged 486% from the prior year, signaling strong growth momentum. The organization ran a surplus of $560K, a strong 70% operating margin.

Mission

TO OWN, DEVELOP, CONSTRUCT, OPERATE, AND MANAGE AFFORDABLE HOUSING FOR LOW INCOME PERSONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $804,273

Investment Income $906

Other Revenue $0

TOTAL REVENUE $805,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $218,335

Other Expenses $244,965

TOTAL EXPENSES $244,965

Year-over-Year Comparison

	2023	2022	Change
Revenue	$805,179	$137,410	+4.9%
Expenses	$244,965	$192,790	+0.3%
Net Income	$560,214	$-55,380	-11.1%

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

N/A

Volunteers

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

$365,848

Total Directors

$600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID PITTMAN	BOARD CHAIR	1.00	Officer Director	$0	$0	$600
SARAH RICHTER	COMMISSIONER	1.00	Director	$0	$0	$0
CHARLES ALFORD	TENANT COMMISSIONER	1.00	Director	$0	$0	$0
DARLENE FEDERICKS	COMMISSIONER	1.00	Director	$0	$0	$0
RANDY COY	COMMISSIONER	1.00	Director	$0	$0	$0
EDWARD MAYER	PRESIDENT	1.00	Officer	$0	$0	$219,152
HOPE STONE	CFO	1.00	Officer	$0	$0	$146,096

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	$805,179	$244,965	$1,840,830	$560,214
2023	$137,410	$192,790	$1,183,625	$-55,380
2022	$5,480	$40,618	$220,267	$-35,138
2022	$205,431	$137,793	$1,228,452	$67,638
2021	$141,402	$129,998	$1,130,544	$11,404
2020	$1,617,322	$1,990,400	$1,070,808	$-373,078
2020	$1,617,322	$1,990,400	$1,070,808	$-373,078
2019	$273,061	$244,851	$1,481,712	$28,210
2019	$273,061	$244,851	$1,481,712	$28,210
2018	$253,159	$193,231	$1,455,585	$59,928

BUTTE COUNTY AFFORDABLE HOUSING DEVELOPM