AVENIDA ESPANA HDC INC (EIN 770252447) - 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

PRESTON PRINCE

Phone

4082758770

Tax Period

2023-01-01 to 2023-12-31

AVENIDA ESPANA HDC INC, founded in 1990, is a small nonprofit that reported $633K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 26% operating margin.

Mission

THE ORGANIZATION SERVES AS GENERAL PARTNER OF FOUR CALIFORNIA LIMITED PARTNERSHIPS, MCCREERY AVENUE LP, AE ASSOCIATES LTD, RINCON GARDENS ASSOCIATES LP AND JULIAN STREET PARTNERS LP, WHICH OWN & OPERATE AFFORDABLE HOUSING PROJECTS FOR LOW AND MODERATE INCOME PERSONS.

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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 $327,060

Program Service Revenue $300,856

Investment Income $5,418

Other Revenue $0

TOTAL REVENUE $633,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $407,677

Other Expenses $471,094

TOTAL EXPENSES $471,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$633,334	$329,520	+0.9%
Expenses	$471,094	$499,518	-0.1%
Net Income	$162,240	$-169,998	-2.0%

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

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

$482,165

Total Directors

$482,165

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL EKERN	PRESIDENT	0.20	Officer Director	$0	$0	$0
PRESTON PRINCE	VICE PRESIDENT/TREASURER	1.00	Officer Director	$0	$66,209	$482,165

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	$633,334	$471,094	$9,555,215	$162,240
2022	$329,520	$499,518	$9,928,207	$-169,998
2021	$363,123	$482,072	$9,884,425	$-118,949
2020	$363,669	$508,927	$10,130,402	$-145,258
2019	$421,263	$479,082	$9,997,150	$-57,819
2018	$550,336	$483,770	$9,885,199	$66,566

AVENIDA ESPANA HDC INC