MCHI AFFORDABLE ACQUISITIONS INC (EIN 770500020) - 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

1999

Legal Domicile

Principal Officer

STARLA WARREN

Phone

8317755000

Tax Period

2023-07-01 to 2024-06-30

MCHI AFFORDABLE ACQUISITIONS INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $584K, a strong 47% operating margin.

Mission

THE ENTITY IS ESTABLISHED TO SUPPORT AN AFFILIATE BY ENGAGING IN THE ACQUISITION, REHABILITATION, OPERATIONS, MAINTENANCE AND REPAIR OF AFFORDABLE HOUSING FACILITIES. 48 APARTMENT UNITS ARE MADE AVAILABLE TO LOW INCOME PEOPLE THROUGH RENTAL SUBSIDY PROVIDED.

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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 $428,113

Program Service Revenue $821,561

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,249,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,159

Fundraising Expenses $0

Program Expenses $665,194

Other Expenses $657,035

TOTAL EXPENSES $665,194

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,249,674	$1,163,667	+0.1%
Expenses	$665,194	$599,331	+0.1%
Net Income	$584,480	$564,336	+0.0%

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

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

$10,184

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNISE HARRISON	SECRETARY/ TREASURER	1.00	Officer	$0	$0	$0
NANCY LLOYD	PRESIDENT	1.00	Officer	$0	$0	$0
BRIELLE BUMBA	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JESSICA ROMERO	COMMUNITY DIRECTOR	1.00	Officer	$0	$0	$0
JOHN ROSE	COMMUNITY DIRECTOR	1.00	Officer	$10,184	$0	$10,184
BARBARA MULHOLLAND	COMMUNITY DIRECTOR	1.00	Officer	$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
2024	$1,249,674	$665,194	$21,794,325	$584,480
2023	$1,163,667	$599,331	$21,032,663	$564,336
2022	$1,296,105	$562,781	$20,767,066	$733,324
2021	$16,149,158	$1,701,014	$19,613,881	$14,448,144
2020	$2,636,650	$1,776,147	$9,299,923	$860,503
2019	$2,246,966	$1,804,707	$8,618,461	$442,259
2018	$1,942,083	$1,772,434	$8,223,082	$169,649

MCHI AFFORDABLE ACQUISITIONS INC