METROPOLITAN AFFORDABLE HOUSING CORPORATION (EIN 931078543) - 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

1991

Legal Domicile

Principal Officer

DARCY PHILLIPS

Phone

5416831751

Tax Period

2023-01-01 to 2023-12-31

METROPOLITAN AFFORDABLE HOUSING CORPORATION, founded in 1991, is a community nonprofit in the Unknown sector that reported $7.8M in total revenue in fiscal year 2023. Revenue surged 227% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 38% operating margin.

Mission

PROVIDE QUALITY, AFFORDABLE HOUSING FOR PEOPLE LIVING ON LIMITED INCOMES, AND OFFER SERVICES THAT PROMOTE OPPORTUNITIES FOR PERSONAL GROWTH AND ECONOMIC INDEPENDENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,970,838

Program Service Revenue $3,719,288

Investment Income $134,511

Other Revenue $-16,706

TOTAL REVENUE $7,807,931

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,565,016

Fundraising Expenses $99,869

Program Expenses $4,364,170

Other Expenses $3,300,722

TOTAL EXPENSES $4,865,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,807,931	$2,391,383	+2.3%
Expenses	$4,865,738	$2,306,518	+1.1%
Net Income	$2,942,193	$84,865	+33.7%

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

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

$377,564

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARCY PHILLIPS	EXECUTIVE DI	40.00	Officer	$134,788	$9,645	$144,433
MICHELLE MARTIN	CFO	40.00	Officer	$115,453	$7,767	$123,220
MICHELLE CADY	OPERATIONS D	40.00	Officer	$100,737	$9,174	$109,911
VICKI GRAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
RICK LARSON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JEFFERY YODER	TREASURER EF	2.00	Officer Director	$0	$0	$0
B DEAN HUBER	TREASURER UN	2.00	Officer Director	$0	$0	$0
AMBER ALEXANDER	SECRETARY	2.00	Officer Director	$0	$0	$0
HOLLY BICK	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH MEANS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA VOORHEES	BOARD MEMBER	1.00	Director	$0	$0	$0
PHIL FARRINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIO CONTE	BOARD MEMBER	1.00	Director	$0	$0	$0
CARL YEH	BOARD MEMBER	1.00	Director	$0	$0	$0
PAT WALSH	BOARD MEMBER	1.00	Director	$0	$0	$0
YARELI MORENO	BOARD MEMBER	1.00	Director	$0	$0	$0
JILLIAN DREWES	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$7,807,931	$4,865,738	$38,014,341	$2,942,193
2022	$2,391,383	$2,306,518	$29,369,753	$84,865
2021	$2,734,673	$1,870,852	$25,591,762	$863,821
2020	$2,375,279	$1,862,977	$24,633,787	$512,302
2019	$1,783,578	$1,506,806	$22,199,023	$276,772
2018	$3,284,879	$1,456,766	$20,660,942	$1,828,113

METROPOLITAN AFFORDABLE HOUSING CORPORATION