AASC Housing I Inc (EIN 920161891) - 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

1998

Legal Domicile

Phone

9076778490

Tax Period

2024-07-01 to 2025-06-30

AASC Housing I Inc, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $109K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $157K exceeded revenue, resulting in a 43% operating deficit.

Mission

To construct and manage affordable housing for low-income and disabled persons.

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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 $109,369

Investment Income $113

Other Revenue $0

TOTAL REVENUE $109,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,981

Other Expenses $156,981

TOTAL EXPENSES $156,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,482	$127,336	-0.1%
Expenses	$156,981	$150,804	+0.0%
Net Income	$-47,499	$-23,468	+1.0%

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

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	Role	Reportable Comp	Other Comp	Total
Jan Hood	Director	Director	$0	$0	$0
Daniel Powers	Director	Director	$0	$0	$0
Julie Klassy	Director	Director	$0	$0	$0
Matthew Benedetti	Director	Director	$0	$0	$0
Sue Perrins	Secretary	Officer Director	$0	$0	$0
Kathleen Kowalczuk	President	Officer Director	$0	$0	$0
Karen Ward	Vice President	Officer Director	$0	$0	$0
Fabienne Smith	Treasurer	Officer 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	$109,482	$156,981	$437,750	$-47,499
2024	$127,336	$150,804	$482,950	$-23,468
2023	$153,634	$133,849	$500,362	$19,785
2022	$108,200	$131,604	$536,276	$-23,404
2021	$68,562	$133,690	$567,390	$-65,128
2020	$67,565	$129,861	$594,817	$-62,296
2019	$81,035	$113,850	$647,115	$-32,815

AASC Housing I Inc