CENTURY AFFORDABLE DEVELOPMENT INC (EIN 954648166) - 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

1996

Legal Domicile

Principal Officer

BRIAN DANDREA

Phone

3102580700

Tax Period

2023-01-01 to 2023-12-31

CENTURY AFFORDABLE DEVELOPMENT INC, founded in 1996, is a mid-sized nonprofit in the Housing & Shelter sector that reported $15.9M in total revenue in fiscal year 2023. Revenue surged 272% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.8M, a strong 75% operating margin.

Mission

TO ACQUIRE AND DEVELOP REAL PROPERTY AS AFFORDABLE HOUSING.

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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 $7,803,750

Program Service Revenue $7,265,322

Investment Income $797,297

Other Revenue $0

TOTAL REVENUE $15,866,369

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,361,879

Fundraising Expenses $0

Program Expenses $3,757,499

Other Expenses $679,843

TOTAL EXPENSES $4,041,722

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,866,369	$4,263,794	+2.7%
Expenses	$4,041,722	$3,338,246	+0.2%
Net Income	$11,824,647	$925,548	+11.8%

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

N/A

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

$2,698,768

Total Directors

$1,564,006

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD GRIFFITH	VICE PRESIDENT	2.50	Officer Director	$0	$69,119	$590,972
ALAN HOFFMAN	DIRECTOR	2.00	Director	$0	$62,280	$512,254
BRIAN NICHOLAS DANDREA	PRESIDENT	19.50	Officer Director	$0	$63,561	$460,780
OSCAR ALVARADO	VICE PRESIDENT	1.00	Officer	$0	$55,427	$383,583
KAREN BENNETT-GREEN	VICE PRESIDENT	1.00	Officer	$0	$44,234	$261,429
HOWARD CHAN	VICE PRESIDENT & CFO	20.00	Officer	$0	$50,671	$304,070
STEVEN COLMAN	VICE PRESIDENT	20.00	Officer	$0	$44,548	$301,647
BEULAH KU	CORPORATE SECRETARY	1.00	Officer	$0	$22,811	$223,781
SERYBREM BASS	VICE PRESIDENT	40.00	Officer	$0	$32,177	$172,506
CHRISTOPHER POPE	SENIOR DEVELOPMENT MANAGER	20.00	Highest	$0	$25,758	$260,990
JORDAN JOHNSON	SENIOR DEVELOPMENT MANAGER	20.00	Highest	$0	$27,278	$218,974
GILBERT GONZALES	SENIOR DEVELOPMENT MANAGER	20.00	Highest	$0	$25,130	$190,880
HEATHER SHARP	VICE PRESIDENT, PROPERTY OPERATIONS	20.00	Highest	$0	$21,735	$213,036
MARIA RUIZ	ASSISTANT CONTROLLER	20.00	Highest	$0	$43,593	$181,541

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	$15,866,369	$4,041,722	$70,393,648	$11,824,647
2022	$4,263,794	$3,338,246	$55,057,977	$925,548
2021	$7,189,607	$2,492,110	$52,641,583	$4,697,497
2020	$17,426,791	$2,381,650	$45,177,681	$15,045,141
2019	$4,379,984	$2,055,966	$28,782,970	$2,324,018
2018	$9,232,361	$1,351,784	$24,580,409	$7,880,577

CENTURY AFFORDABLE DEVELOPMENT INC