AFFORDABLE SENIOR HOUSING DEVELOPMENT CORPORATION (EIN 814202008) - 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

2017

Legal Domicile

Principal Officer

MARCUS VALERIO

Phone

7023872292

Tax Period

2024-01-01 to 2024-12-31

AFFORDABLE SENIOR HOUSING DEVELOPMENT CORPORATION, founded in 2017, is a micro nonprofit in the Housing & Shelter sector that reported $31K in total revenue in fiscal year 2024. Revenue surged 395% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 93% operating margin.

Mission

TO PROVIDE FOR ELDERLY OR HANDICAPPED FAMILIES AND PERSONS, RENTAL HOUSING AND RELATED FACILITIES AND SERVICES ESPECIALLY DESIGNED TO MEET THE NEEDS OF THE ELDERLY OR DISABLED AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS.

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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 $30,698

Other Revenue $0

TOTAL REVENUE $30,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,250

Other Expenses $2,250

TOTAL EXPENSES $2,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,698	$6,205	+3.9%
Expenses	$2,250	$1,801	+0.2%
Net Income	$28,448	$4,404	+5.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE SIMPSON	TRUSTEE	1.00	Director	$0	$0	$0
PHILLIP HOLLON	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL S AMSTER	TRUSTEE	1.00	Director	$0	$0	$0
DREW ZIDZIK	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVE SCHMITT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JUSTIN FORSBERG	TRUSTEE	1.00	Director	$0	$0	$0
MIKE RYAN	TREASURER	2.00	Officer Director	$0	$0	$0
MARCUS VALERIO	PRESIDENT	2.00	Officer Director	$0	$0	$0
SARA RICCIARDI	TRUSTEE	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
2024	$30,698	$2,250	$686,600	$28,448
2023	$6,205	$1,801	$658,152	$4,404
2022	$1,800	$2,500	$653,748	$-700
2021	$3,879	$1,500	$654,448	$2,379
2020	$8,571	$2,422	$652,069	$6,149
2019	$169,205	$10,828	$645,920	$158,377
2018	$1,898	$1,515	$487,543	$383

AFFORDABLE SENIOR HOUSING DEVELOPMENT CORPORATION