ANDREWS AVENUE SOUTH HOUSING DEVELOPMENT FUND COMPANY INC (EIN 833881735) - 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

2019

Legal Domicile

Principal Officer

MICHAEL SOLANA

Phone

2124964314

Tax Period

2022-01-01 to 2022-12-31

ANDREWS AVENUE SOUTH HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2019, is a micro nonprofit that reported $39K in total revenue in fiscal year 2022. Revenue fell 68% from the prior year — a significant decline worth monitoring.

Mission

TO DEVELOP AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW INCOME.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $39,436

TOTAL REVENUE $39,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,820

Other Expenses $40,910

TOTAL EXPENSES $40,910

Year-over-Year Comparison

	2022	2021	Change
Revenue	$39,436	$121,882	-0.7%
Expenses	$40,910	$108,752	-0.6%
Net Income	$-1,474	$13,130	-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

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

$347,290

Total Directors

$1,627,096

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYUNG J LEE	PRESIDENT	1.00	Director	$0	$100,091	$471,176
JULIA OLIVER	VICE PRESIDENT	1.00	Officer Director	$0	$85,273	$347,290
PAUL A KRESS	SECRETARY	1.00	Director	$0	$61,333	$229,351
MICHAEL SOLANA	TREASURER	1.00	Director	$0	$38,344	$200,195
SANDRA MARQUEZ	DIRECTOR	1.00	Director	$0	$67,722	$192,201
ADAM BALASIANO	DIRECTOR	1.00	Director	$0	$30,906	$186,883

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
2022	$39,436	$40,910	$115,213	$-1,474
2021	$121,882	$108,752	$7,827,479	$13,130
2020	$119,778	$90,370	$6,785,375	$29,408
2019	$94,318	$72,237	$5,864,215	$22,081

ANDREWS AVENUE SOUTH HOUSING DEVELOPMENT FUND COMPANY INC