Alamo Area Mutual Housing Association (EIN 742569914) - 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

1990

Legal Domicile

Principal Officer

Christine Drennon

Phone

2107318030

Tax Period

2023-01-01 to 2023-12-31

Alamo Area Mutual Housing Association, founded in 1990, is a mid-sized nonprofit in the Housing & Shelter sector that reported $11.3M in total revenue in fiscal year 2023. Expenses of $13.6M exceeded revenue, resulting in a 20% operating deficit.

Mission

To provide housing for low to moderate income families and to create a community environment that promotes resident education, self-sufficiency, leadership, and volunteerism

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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 $333,000

Program Service Revenue $10,578,267

Investment Income $351,178

Other Revenue $0

TOTAL REVENUE $11,262,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,019,186

Fundraising Expenses $0

Program Expenses $12,440,208

Other Expenses $11,537,278

TOTAL EXPENSES $13,556,464

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,262,445	$10,832,647	+0.0%
Expenses	$13,556,464	$13,281,254	+0.0%
Net Income	$-2,294,019	$-2,448,607	-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

Employees

Volunteers

250

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

Total Directors

Key Employees

$105,721

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brandi Vitier	President	5.00	Officer Director	$0	$0	$0
Christine Drennon	Secretary/Interim Exec Dir	40.00	Officer Director	$0	$0	$0
Daniel Galindo	Vice President/Treas	2.00	Officer Director	$0	$0	$0
Ervinell Walter	Director	1.00	Director	$0	$0	$0
Jennifer Gonzalez	Executive Director	40.00	Key Emp Highest	$105,721	$0	$105,721

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	No data	No data	No data	No data
2023	$11,262,445	$13,556,464	$43,023,046	$-2,294,019
2022	$10,832,647	$13,281,254	$48,930,176	$-2,448,607
2021	$15,020,368	$13,201,181	$51,706,215	$1,819,187
2020	$13,428,944	$14,672,550	$40,494,129	$-1,243,606
2019	$9,363,065	$10,461,158	$42,301,835	$-1,098,093
2018	$7,826,652	$8,411,351	$40,795,912	$-584,699

Alamo Area Mutual Housing Association