ACTS HOMEOWNERSHIP ACQUISITIONS INC (EIN 921333943) - 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

MICHAEL GOSMAN

Phone

4149332215

Tax Period

2024-01-01 to 2024-12-31

ACTS HOMEOWNERSHIP ACQUISITIONS INC, founded in 2022, is a community nonprofit in the Housing & Shelter sector that reported $4.2M in total revenue in fiscal year 2024. The organization ran a surplus of $2.7M, a strong 66% operating margin.

Mission

ACTS HOMEOWNERSHIP ACQUISITIONS, INC.'S MISSION IS EMPOWERMENT THROUGH HOMEOWNERSHIP.

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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 $3,836,059

Program Service Revenue $117,518

Investment Income $29,229

Other Revenue $180,307

TOTAL REVENUE $4,163,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $673,804

Fundraising Expenses $79,123

Program Expenses $1,106,929

Other Expenses $742,045

TOTAL EXPENSES $1,415,849

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,163,113	$4,336,123	0.0%
Expenses	$1,415,849	$795,101	+0.8%
Net Income	$2,747,264	$3,541,022	-0.2%

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

$270,779

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER RAMIREZ	CHAIR	1.00	Officer Director	$0	$0	$0
ANTHONY FRANDA	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN SYBURG	SECRETARY	1.00	Officer Director	$0	$0	$0
MARC PERRY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GOSMAN	PRESIDENT & CEO	7.00	Officer	$0	$78,612	$270,779
KELLY ANDREW	VP STRATEGIC PARTNERSHIPS	13.00	Highest	$0	$14,163	$138,574
DOROTHY YORK	VP REAL ESTATE	43.00	Highest	$0	$16,848	$151,729
DEATRA KEMP	VP PROGRAM	0.00	Highest	$0	$24,416	$139,415

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	$4,163,113	$1,415,849	$12,595,529	$2,747,264
2023	$4,336,123	$795,101	$7,254,209	$3,541,022

ACTS HOMEOWNERSHIP ACQUISITIONS INC