NORCROSS AFFORDABLE HOUSING CORPORATION (EIN 880879370) - 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

2022

Legal Domicile

Principal Officer

BETH BROWN

Phone

7705361294

Tax Period

2024-01-01 to 2024-12-31

NORCROSS AFFORDABLE HOUSING CORPORATION, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $364K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $274K, a strong 75% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE LOCAL COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $355,431

Investment Income $8,725

Other Revenue $0

TOTAL REVENUE $364,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,280

Other Expenses $90,263

TOTAL EXPENSES $90,263

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,156	$280,000	+0.3%
Expenses	$90,263	$70,000	+0.3%
Net Income	$273,893	$210,000	+0.3%

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
BETH BROWN	CHIEF EXECUTIVE OFFICER	0.50	Officer	$0	$0	$0
GAIL NEWTON	SECRETARY/DIRECTOR	0.20	Officer Director	$0	$0	$0
RANAE HEAVEN	TREASURER/DIRECTOR	0.20	Officer Director	$0	$0	$0
PAM HOPPER	DIRECTOR	0.20	Director	$0	$0	$0
MELISSA LEEDY	DIRECTOR	0.20	Director	$0	$0	$0
DON OSBOURNE	DIRECTOR	0.20	Director	$0	$0	$0
BARBARA BEVELS	DIRECTOR	0.20	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
2024	$364,156	$90,263	$478,893	$273,893
2023	$280,000	$70,000	$210,000	$210,000

NORCROSS AFFORDABLE HOUSING CORPORATION