POAH SUPPORT CORPORATION 2 PRESERVATION OF AFFORDABLE HOUSING INC (EIN 831390421) - 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

2018

Legal Domicile

Principal Officer

ALLISON ADDUCI

Phone

6174490870

Tax Period

2023-01-01 to 2023-12-31

POAH SUPPORT CORPORATION 2 PRESERVATION OF AFFORDABLE HOUSING INC, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $272K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $415K exceeded revenue, resulting in a 53% operating deficit.

Mission

POAH SUPPORT CORPORATION 2 IS ORGANIZED EXCLUSIVELY FOR SUCH CHARITABLE PURPOSE AS WILL QUALIFY IT AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED OR ANY CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. SPECIFICALLY, THE CORPORATION IS ORGANIZED AND WILL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF PRESERVATION OF AFFORDABLE HOUSING, INC. , AN ILLINOIS NOT-FOR-PROFIT CORPORATION THAT IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND SECTION 509(A)(2) OF THE CODE.

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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 $0

Program Service Revenue $211,895

Investment Income $0

Other Revenue $59,690

TOTAL REVENUE $271,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $415,071

Other Expenses $415,071

TOTAL EXPENSES $415,071

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,585	$2,240,987	-0.9%
Expenses	$415,071	$1,168,812	-0.6%
Net Income	$-143,486	$1,072,175	-1.1%

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

N/A

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

$875,622

Total Directors

$1,147,338

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON GORNSTEIN	DIRECTOR/PRESIDENT	0.10	Officer Director	$0	$28,959	$524,530
ALLISON ADDUCI	DIRECTOR/TREASURER/ SECRTRY	0.10	Officer Director	$0	$12,377	$351,092
ANDREW SPOFFORD	DIRECTOR	0.10	Director	$0	$11,315	$271,716

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	$271,585	$415,071	$21,977,168	$-143,486
2022	$2,240,987	$1,168,812	$22,068,024	$1,072,175
2021	$211,920	$141,490	$22,384,155	$70,430
2020	$97,745	$112,829	$22,303,679	$-15,084

POAH SUPPORT CORPORATION 2 PRESERVATION OF AFFORDABLE HOUSING INC