MAINE AFFORDABLE HOUSING COALITION (EIN 924015857) - 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

2023

Legal Domicile

Principal Officer

LAURA READING

Phone

2078520004

Tax Period

2024-07-01 to 2025-06-30

MAINE AFFORDABLE HOUSING COALITION, founded in 2023, is a small nonprofit in the Civil Rights & Advocacy sector that reported $291K in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. Expenses of $251K left a modest 14% surplus.

Mission

THE ORGANIZATION ADVOCATES FOR THE CREATION AND PRESERVATION OF AFFORDABLE HOUSING SO ALL PEOPLE IN MAINE HAVE A PLACE TO CALL HOME.

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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 $254,941

Program Service Revenue $32,866

Investment Income $3,211

Other Revenue $0

TOTAL REVENUE $291,018

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,917

Other Expenses $250,917

TOTAL EXPENSES $250,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,018	$141,244	+1.1%
Expenses	$250,917	$104,892	+1.4%
Net Income	$40,101	$36,352	+0.1%

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
LAURA READING	CHAIR	1.00	Officer Director	$0	$0	$0
DREW WING	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NATE HOWES	TREASURER	1.00	Officer Director	$0	$0	$0
AMY DEVIN	SECRETARY	1.00	Officer Director	$0	$0	$0
SAM LEBEL	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN MCKENNA	DIRECTOR	1.00	Director	$0	$0	$0
JOHN EGAN	DIRECTOR	1.00	Director	$0	$0	$0
SHERRIN VAIL	DIRECTOR	1.00	Director	$0	$0	$0
JEFF LEVINE	DIRECTOR	1.00	Director	$0	$0	$0
RICH HOOKS WAYMAN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MYATT	DIRECTOR	1.00	Director	$0	$0	$0
BENEDICT WALTER	DIRECTOR	1.00	Director	$0	$0	$0
MATT BARRINGTON	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	$291,018	$250,917	$237,140	$40,101

MAINE AFFORDABLE HOUSING COALITION