Don Avante Family Homes Inc

🔒

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

1998

Legal Domicile

Principal Officer

CATHY MACY

Phone

4152581800

Tax Period

2019-01-01 to 2019-12-31

Don Avante Family Homes Inc, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $388K in total revenue in fiscal year 2019. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $19.7M exceeded revenue, resulting in a 4988% operating deficit.

Mission

TO PROVIDE LOW-INCOME HOUSING IN ITS CAPACITY AS GENERAL PARTNER OF ONE OR MORE PROJECT PARTNERSHIPS EXCLUSIVELY FOR THE BENEFIT OF, AND TO SUPPORT THE PROJECT PARTNERSHIP ACTIVITIES OF, EAH, INC., A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.

Program Service Accomplishments

Program 1

Expenses: $19,709,676

PROVIDED GENERAL SUPPORT TO EAH, INC., A RELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, IN FURTHERANCE OF EAH, INC.'S EXEMPT PURPOSE OF PROVIDING AFFORDABLE HOUSING TO ELDERLY, VERY LOW...

PROVIDED GENERAL SUPPORT TO EAH, INC., A RELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, IN FURTHERANCE OF EAH, INC.'S EXEMPT PURPOSE OF PROVIDING AFFORDABLE HOUSING TO ELDERLY, VERY LOW, LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.

Program 2

Expenses: $9,272

THE CORPORATION SERVES AS A GENERAL PARTNER FOR TWO LIMITED PARTNERSHIPS WHICH PREVIOUSLY OWNED AND OPERATED LOW-INCOME HOUSING PROJECTS IN SAN JOSE, CA.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $585

Program Service Revenue $0

Investment Income $386,994

Other Revenue $0

TOTAL REVENUE $387,579

Expense Breakdown

Grants Paid $19,709,676

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,718,948

Other Expenses $9,272

TOTAL EXPENSES $19,718,948

Year-over-Year Comparison

	2019	2018	Change
Revenue	$387,579	$520,579	-0.3%
Expenses	$19,718,948	$11,073	+1779.8%
Net Income	$-19,331,369	$509,506	-38.9%

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

N/A

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

$1,030,031

Total Directors