Adairsville Affordable Housing Corp (EIN 872521864) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Phone

7703821414

Tax Period

2024-04-01 to 2025-03-31

Adairsville Affordable Housing Corp, founded in 2022, is a small nonprofit that reported $631K in total revenue in fiscal year 2024. The organization ran a surplus of $119K, a strong 19% operating margin.

Mission

Manage 60 units of affordable housing (units converted under HUD's RAD program)

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $336,544

Program Service Revenue $284,381

Investment Income $10,293

Other Revenue $0

TOTAL REVENUE $631,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,394

Fundraising Expenses $0

Program Expenses $512,685

Other Expenses $306,291

TOTAL EXPENSES $512,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$631,218	$620,689	+0.0%
Expenses	$512,685	$440,770	+0.2%
Net Income	$118,533	$179,919	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Rhonda Bohannon	CFO	5.00	Officer Director	$0	$0	$0
Lehmann Smith	CEO / Chairman	1.00	Officer Director	$0	$0	$0
Jennifer Sherman	Secretary	1.00	Officer Director	$0	$0	$0
Terry Drew	Director	1.00	Director	$0	$0	$0
Linda Turman	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	$631,218	$512,685	$1,550,951	$118,533
2024	$620,689	$440,770	$1,670,927	$179,919
2023	$612,507	$207,224	$1,248,789	$405,283

Adairsville Affordable Housing Corp