AFFORDABLE CENTRAL TEXAS INC (EIN 813188845) - 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

2016

Legal Domicile

Principal Officer

MONICA MEDINA

Phone

5122027997

Tax Period

2024-01-01 to 2024-12-31

AFFORDABLE CENTRAL TEXAS INC, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $340K, a strong 21% operating margin.

Mission

TEXAS HOUSING CONSERVANCY (TXHC) IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES.

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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 $307,710

Program Service Revenue $1,231,692

Investment Income $60,147

Other Revenue $27,030

TOTAL REVENUE $1,626,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,061,167

Fundraising Expenses $196,447

Program Expenses $860,993

Other Expenses $224,968

TOTAL EXPENSES $1,286,135

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,626,579	$1,060,062	+0.5%
Expenses	$1,286,135	$1,073,986	+0.2%
Net Income	$340,444	$-13,924	-25.5%

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

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

$507,000

Total Directors

$507,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID STEINWEDELL	BOARD CHAIRMAN AND FOUNDER	40.00	Officer Director	$162,500	$6,500	$169,000
FRANCES FERGUSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIANNE SCOTT DWIGHT	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
PRINTICE GARY	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN STRICKLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
MONICA MEDINA	PRESIDENT AND CEO	40.00	Officer Director	$325,000	$13,000	$338,000
SHARMILA KASSAM	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
JENNIFER WENZEL	BOARD MEMBER	2.00	Director	$0	$0	$0
BEVERLY GRASS	VP OF FINANCE	40.00	Highest	$126,000	$4,953	$130,953
MISSY SAEZ	ASSET MANAGER	40.00	Highest	$150,000	$7,983	$157,983

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	$1,626,579	$1,286,135	$2,347,158	$340,444
2023	$1,060,062	$1,073,986	$2,099,067	$-13,924
2022	$2,213,857	$854,804	$2,125,083	$1,359,053
2021	$915,683	$789,396	$2,104,105	$126,287
2020	$609,997	$604,069	$1,305,574	$5,928
2019	$406,390	$630,045	$1,108,244	$-223,655
2018	$650,470	$635,477	$698,351	$14,993

AFFORDABLE CENTRAL TEXAS INC