AFRICAN AMERICAN ALLIANCE FOR HOMEOWNERSHIP (EIN 743140832) - Form 990 Financial Analysis & Trantor Score

🔒

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

2005

Legal Domicile

Phone

5035953517

Tax Period

2024-07-01 to 2025-06-30

AFRICAN AMERICAN ALLIANCE FOR HOMEOWNERSHIP, founded in 2005, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2024. Expenses of $4.5M left a modest 5% surplus.

Mission

INCREASE HOMEOWNERSHIP AND ECONOMIC STABILITY FOR AFRICAN AMERICANS AND OTHER UNDERSERVED INDIVIDUALS BY PROVIDING ACCESS TO ADVOCACY, AWARENESS AND EDUCATION.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $4,547,469

Program Service Revenue $213,782

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,761,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $880,270

Fundraising Expenses $90,671

Program Expenses $3,903,072

Other Expenses $3,657,500

TOTAL EXPENSES $4,537,770

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,761,251	$4,421,289	+0.1%
Expenses	$4,537,770	$4,190,743	+0.1%
Net Income	$223,481	$230,546	0.0%

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

Employees

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

Total Directors

Key Employees

$124,435

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL ROBERTS	EXECUTIVE DIRECTOR	40.00	Key Emp	$124,435	$0	$124,435
JOSH AKWENUKE	CO CHAIR	1.00	Director	$0	$0	$0
ERNEST HILL JR	BOARD CHAIR	1.00	Director	$0	$0	$0
GEOFF BOYD	SECRETARY	1.00	Director	$0	$0	$0
CHARLES FUNCHES	TREASURER	1.00	Director	$0	$0	$0

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
2025	$4,761,251	$4,537,770	$1,707,811	$223,481
2024	No data	No data	No data	No data
2023	$2,623,531	$2,624,497	$1,281,445	$-966
2022	$1,373,668	$1,320,367	$631,888	$53,301
2021	$1,679,654	$1,410,645	$700,690	$269,009
2020	$558,101	$502,243	$259,370	$55,858
2019	$496,959	$449,416	$125,996	$47,543
2018	$372,115	$393,696	$81,388	$-21,581

AFRICAN AMERICAN ALLIANCE FOR HOMEOWNERSHIP