AFFORDABLE HOUSING OF NORTH TEXAS (EIN 843770383) - 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

MIKE SWAN

Phone

8175237555

Tax Period

2023-01-01 to 2023-12-31

AFFORDABLE HOUSING OF NORTH TEXAS, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $728K in total revenue in fiscal year 2023. Expenses of $700K left a modest 4% surplus.

Mission

TO PROVIDE HOUSING TO THE ELDERLY IN NORTH TEXAS

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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 $724,284

Investment Income $3,494

Other Revenue $0

TOTAL REVENUE $727,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,421

Fundraising Expenses $0

Program Expenses $506,202

Other Expenses $629,839

TOTAL EXPENSES $700,260

Year-over-Year Comparison

	2023	2022	Change
Revenue	$727,778	$701,257	+0.0%
Expenses	$700,260	$739,934	-0.1%
Net Income	$27,518	$-38,677	-1.7%

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

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

$125,261

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARET MOTTRAM	PRESIDENT	1.00	Officer Director	$0	$0	$0
CANDY HARRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
VELMA JEAN FORD	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL LEE JUNKINS	DIRECTOR	1.00	Director	$0	$0	$0
LINDA GUISINGER	DIRECTOR	1.00	Director	$0	$0	$0
BRENDA HOLMES	DIRECTOR	1.00	Director	$0	$0	$0
BETTY JONES	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL G SWAN	EXECUTIVE DIRECTOR	40.00	Officer	$125,261	$0	$125,261

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	$727,778	$700,260	$2,285,957	$27,518
2022	$701,257	$739,934	$2,396,338	$-38,677
2021	$324,524	$269,980	$2,549,063	$54,544
2020	$365,901	$276,372	$2,654,504	$89,529

AFFORDABLE HOUSING OF NORTH TEXAS