SAN ALFONSO HOUSING INC

EIN: 871951096 501(c)(3)

VENICE, FL

Total Revenue
$236,087
Total Expenses
$617,669
Total Assets
$7,449,555
Net Assets
$-314,582
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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
FL
Principal Officer
BISHOP FRANK J DEWANE
Phone
9414885581
Tax Period
2024-07-01 to 2025-06-30

SAN ALFONSO HOUSING INC, founded in 2020, is a small nonprofit that reported $236K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $618K exceeded revenue, resulting in a 162% operating deficit.

Mission

SAN ALFONSO HOUSING, INC. WAS FORMED UNDER THE LAWS OF THE STATE OF FLORIDA AS A NOT-FOR-PROFIT CORPORATION. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND/OR EDUCATIONAL PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS WHICH QUALIFY AS EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN PURSUANCE OF THE FOREGOING, THE CORPORATION SHALL HAVE THE PURPOSE TO PROVIDE AFFORDABLE HOUSING PROVIDE SERVICES TO PROMOTE THE HEALTH AND SECURITY OF THE RESIDENTS AND TO MAINTAIN THE FACILITIES. THE CORPORATION ACQUIRED LAND IN ZOLFO SPRINGS FLORIDA TO CONSTRUCT A 21 UNIT RENTAL PROPERTY KNOWN AS CASA SAN ALFONSO. CASA SAN ALFONSO WAS COMPLETED IN 2024.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $227,062
Investment Income $0
Other Revenue $9,025
TOTAL REVENUE $236,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $540,891
Other Expenses $617,669
TOTAL EXPENSES $617,669

Year-over-Year Comparison

2024 2023 Change
Revenue $236,087 $405,837 -0.4%
Expenses $617,669 $338,837 +0.8%
Net Income $-381,582 $67,000 -6.7%
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

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Governance

Voting Members
4
Independent Members
4
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV FRANK J DEWANE PRESIDENT 1.00
Officer Director
$0 $0 $0
REV STEPHEN E MCNAMARA VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
DR VOLODYMYR SMERYK SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
REV WILNER DUROSIER DIRECTOR 1.00
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
2025 $236,087 $617,669 $7,449,555 $-381,582
2024 $405,837 $338,837 $7,855,196 $67,000
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