HAMILTON AFFORDABLE HOMES INC (EIN 680486556) - 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

2002

Legal Domicile

Principal Officer

WELTON JORDAN

Phone

4152581800

Tax Period

2024-01-01 to 2024-12-31

HAMILTON AFFORDABLE HOMES INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.7M exceeded revenue, resulting in a 34% operating deficit.

Mission

TO PERFORM THE CHARITABLE FUNCTIONS OF AND CARRY OUT THE CHARITABLE PURPOSES OF EAH INC., A RELATED CALIFORNIA PUBLIC BENEFIT CORPORATION.

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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 $975

Program Service Revenue $1,085,994

Investment Income $185,712

Other Revenue $0

TOTAL REVENUE $1,272,681

Expense Breakdown

Grants Paid $357,927

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,700,861

Other Expenses $1,342,934

TOTAL EXPENSES $1,700,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,272,681	$1,271,519	+0.0%
Expenses	$1,700,861	$1,741,563	0.0%
Net Income	$-428,180	$-470,044	-0.1%

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

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

$1,520,686

Total Directors

$1,520,686

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA HALL	VICE PRESIDENT/TREASURER	0.10	Officer Director	$0	$47,351	$673,412
WELTON JORDAN	PRESIDENT	0.10	Officer Director	$0	$34,547	$492,640
KATHERINE FLEMING	SECRETARY	0.10	Officer Director	$0	$46,064	$354,634

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	$1,272,681	$1,700,861	$5,923,464	$-428,180
2023	$1,271,519	$1,741,563	$6,349,597	$-470,044
2022	$265,143	$587,107	$6,817,654	$-321,964
2021	$268,405	$770,389	$7,137,688	$-501,984
2020	$272,662	$769,995	$7,637,799	$-497,333
2019	$2,414,836	$673,765	$8,133,314	$1,741,071
2018	$280,015	$251,469	$6,390,477	$28,546

HAMILTON AFFORDABLE HOMES INC