GENESIS AFFORDABLE HOUSING COALITION INC (EIN 820640615) - 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

ENNIS M FANT SR

Phone

8649013822

Tax Period

2024-01-01 to 2024-12-31

GENESIS AFFORDABLE HOUSING COALITION INC, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $285K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $335K exceeded revenue, resulting in a 18% operating deficit.

Mission

AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.

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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 $285,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $333,499

Other Expenses $335,304

TOTAL EXPENSES $335,304

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,000	$360,000	-0.2%
Expenses	$335,304	$418,597	-0.2%
Net Income	$-50,304	$-58,597	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ENNIS M FANT SR	PRESIDENT	10.00	Officer Director	$0	$0	$0
ENNIS M FANT JR	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
DENISE ERNUL	SECRETARY	2.00	Officer Director	$0	$0	$0
COURTNEY FANT	TREASURER	3.00	Officer 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	$285,000	$335,304	$2,351	$-50,304
2023	$360,000	$418,597	$287,517	$-58,597
2022	$318,400	$325,706	$232,439	$-7,306

GENESIS AFFORDABLE HOUSING COALITION INC