LAS ANIMAS HOUSING DEVELOPMENT CORP (EIN 840679976) - 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

1954

Legal Domicile

Principal Officer

STEVEN CORDOVA

Tax Period

2023-01-01 to 2023-12-31

LAS ANIMAS HOUSING DEVELOPMENT CORP, founded in 1954, is a micro nonprofit that reported $97K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $115K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROVIDE SAFE, CLEAN AND AFFORDABLE HOUSING TO LOW INCOME ELDERLY PEOPLE

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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 $139,316

Program Service Revenue $0

Investment Income $2,059

Other Revenue $-44,312

TOTAL REVENUE $97,063

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $114,828

TOTAL EXPENSES $114,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,063	$68,809	+0.4%
Expenses	$114,828	$105,927	+0.1%
Net Income	$-17,765	$-37,118	-0.5%

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

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
ALEIDA GOMEZ	DIRECTOR	1.00	Director	$0	$0	$0
JESSE GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
MARIANN COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
LINDA BRUNDAGE	DIRECTOR	1.00	Director	$0	$0	$0
ROXANNE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
SIMONA GALLEGOS	PRESIDENT	1.00	Officer	$0	$0	$0
STEVEN CORDOVA	EXECUTIVE DIRECTOR	40.00	Officer	$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	No data	No data	No data	No data
2023	$97,063	$114,828	$344,161	$-17,765
2022	$68,809	$105,927	$344,006	$-37,118
2021	$103,141	$96,688	$373,327	$6,453
2020	$106,322	$114,334	$370,719	$-8,012
2019	$100,017	$107,335	$377,399	$-7,318
2018	$241,329	$272,035	$393,023	$-30,706

LAS ANIMAS HOUSING DEVELOPMENT CORP