KINGSVILLE AFFORDABLE HOUSING INC C/O CORY HINOJOSA (EIN 742785217) - 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

1996

Legal Domicile

Principal Officer

CORY HINOJOSA

Phone

3615926783

Tax Period

2024-01-01 to 2024-12-31

KINGSVILLE AFFORDABLE HOUSING INC C/O CORY HINOJOSA, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $4K in total revenue in fiscal year 2024. Revenue surged 1227% from the prior year, signaling strong growth momentum. Expenses of $245K exceeded revenue, resulting in a 6822% operating deficit.

Mission

THE CORPORATION IS ORGANIZED TO FOSTER LOW-INCOME HOUSING IN AND FOR THE CITY OF KINGSVILLE, TEXAS, AND KLEBERG COUNTY, TEXAS, THROUGH OWNING INTERESTS IN LOW-INCOME HOUSING PROJECTS.

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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 $0

Program Service Revenue $0

Investment Income $3,544

Other Revenue $0

TOTAL REVENUE $3,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $245,312

Other Expenses $245,321

TOTAL EXPENSES $245,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,544	$267	+12.3%
Expenses	$245,321	$374,083	-0.3%
Net Income	$-241,777	$-373,816	-0.4%

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

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

$116,218

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANYA WILLIAMS	VICE CHAIRMAN	5.00	Officer Director	$0	$0	$0
RENE CANALES	MEMBER	5.00	Officer Director	$0	$0	$0
CRISPIN TREVINO	MEMBER	5.00	Director	$0	$0	$0
VIOLA PEREZ	MEMBER	5.00	Director	$0	$0	$0
CORY HINOJOSA	EXECUTIVE DIRECTOR	5.00	Officer	$0	$0	$116,218

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	$3,544	$245,321	$171,625	$-241,777
2023	$267	$374,083	$366,975	$-373,816
2022	$129,857	$1,470,034	$147,752	$-1,340,177
2021	$550,564	$635,143	$1,824,044	$-84,579
2020	$1,828,802	$343,813	$1,630,102	$1,484,989
2019	$56,469	$247,155	$1,748,696	$-190,686
2018	$196,511	$168,943	$1,876,223	$27,568

KINGSVILLE AFFORDABLE HOUSING INC C/O CORY HINOJOSA