FAMILY HOUSING FOUNDATION

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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

2020

Legal Domicile

Principal Officer

PAUL T KORN

Phone

8583955420

Tax Period

2021-01-01 to 2021-12-31

FAMILY HOUSING FOUNDATION, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $185K in total revenue in fiscal year 2021. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $167K, a strong 90% operating margin.

Mission

PROVIDE LOW COST, AFFORDABLE GROUP HOUSING FOR ELDERLY INDIVIDUALS AT THE LOWEST FEASIBLE COST TO IMPROVE THE QUALITY OF LIFE FOR SENIORS

Program Service Accomplishments

Program 1

FAMILY HOUSING FOUNDATION SPENT TIME SEARCHING FOR AN AFFORDABLE PROPERTY THAT COULD BE USED FOR GROUP HOUSING. THE COMPETITIVE REAL ESTATE MARKET MADE THIS CHALLENGING. HOWEVER, THEY LOCATED A...

FAMILY HOUSING FOUNDATION SPENT TIME SEARCHING FOR AN AFFORDABLE PROPERTY THAT COULD BE USED FOR GROUP HOUSING. THE COMPETITIVE REAL ESTATE MARKET MADE THIS CHALLENGING. HOWEVER, THEY LOCATED A PROPERTY AT THE END OF THE YEAR AND OBTAINED IT IN EARLY 2022 VIA A DONATION FROM THE PRESIDENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $185,382

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $18,748

TOTAL EXPENSES $18,748

Year-over-Year Comparison

	2021	2020	Change
Revenue	$185,382	$77,510	+1.4%
Expenses	$18,748	$53,197	-0.6%
Net Income	$166,634	$24,313	+5.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL T KORN	PRESIDENT	3.00	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
2021	$185,382	$18,748	$208,447	$166,634
2020	$77,510	$53,197	$24,313	$24,313