FRIENDS OF CHICO'S AFFORDABLE HOMES & NEIGHBORHOODS

EIN: 932183834

Sacramento, CA

Total Revenue
$350,456
Total Expenses
$405,198
Total Assets
N/A
Net Assets
N/A
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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
CA
Principal Officer
Ashlee Titus
Phone
9164427757
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF CHICO'S AFFORDABLE HOMES & NEIGHBORHOODS, founded in 2023, is a small nonprofit that reported $350K in total revenue in fiscal year 2024. Revenue surged 100% from the prior year, signaling strong growth momentum. Expenses of $405K exceeded revenue, resulting in a 16% operating deficit.

Mission

Support Measures O and P (Resolutions 08-23 and 09-23) to approve the Valley's Edge project in the City of Chico, CA

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $350,456
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $350,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $392,900
Other Expenses $405,198
TOTAL EXPENSES $405,198

Year-over-Year Comparison

2024 2023 Change
Revenue $350,456 $175,000 +1.0%
Expenses $405,198 $134,950 +2.0%
Net Income $-54,742 $40,050 -2.4%
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

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Governance

Voting Members
3
Independent Members
1
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ashlee Titus Treasurer 1
Officer Director
$0 $0 $0
Brian Hildreth Assistant Treasurer 1
Officer Director
$0 $0 $0
Bill Brouhard Principal Officer 1
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
2024 $350,456 $405,198 No data $-54,742
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