Kent Attainable Housing Inc

Building Foundations for Families.

Chestertown, MD   |
GuideStar Charity Check

Kent Attainable Housing Inc

EIN: 83-4613498


At Kent Attainable Housing, our mission is to break the generational cycle of poverty by partnering with low income, working families to prepare for and buy a home.

Ruling year info


Board President

Taylor Frey

Main address

PO Box 501

Chestertown, MD 21620 USA

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Subject area info

Community and economic development

Supportive housing

Housing services

Population served info

Children and youth




Ethnic and racial groups

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NTEE code info

Other Housing Support Services (L80)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990


Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Future Homebuyer Program

We believe that everyone should have a safe, affordable place to call home. To carry out our vision, we partner with prospective applicants to build and landscape homes and to secure affordable mortgage loans to buy them. Every KAH home is an investment. For us, it is one answer to a critical need. Safe and decent housing will create happier families and stronger communities. By working with us from beginning to end, you will be prepared for the responsibilities of homeownership, including understanding personal finances, family budgeting and maintaining your home.

Population(s) Served
Economically disadvantaged people

Where we work


Maryland Sustainable Growth Award 2022

Maryland Department of Planning


Kent Attainable Housing Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of 0.83 over 3 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 19.8 over 3 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 10% over 3 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Kent Attainable Housing Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Kent Attainable Housing Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Kent Attainable Housing Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Kent Attainable Housing Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2021 2022
Unrestricted surplus (deficit) before depreciation $337,139 $48,699
As % of expenses 568.6% 7.1%
Unrestricted surplus (deficit) after depreciation $337,139 $48,699
As % of expenses 568.6% 7.1%
Revenue composition info
Total revenue (unrestricted & restricted) $442,437 $811,464
Total revenue, % change over prior year 0.0% 83.4%
Program services revenue 0.0% 32.7%
Membership dues 0.0% 0.0%
Investment income 0.0% 0.0%
Government grants 17.0% 8.6%
All other grants and contributions 82.0% 57.8%
Other revenue 1.0% 0.9%
Expense composition info
Total expenses before depreciation $59,296 $685,982
Total expenses, % change over prior year 0.0% 1056.9%
Personnel 53.0% 9.7%
Professional fees 23.8% 0.0%
Occupancy 0.0% 0.0%
Interest 0.0% 0.0%
Pass-through 0.0% 0.0%
All other expenses 23.2% 90.3%
Full cost components (estimated) info 2021 2022
Total expenses (after depreciation) $59,296 $685,982
One month of savings $4,941 $57,165
Debt principal payment $0 $195,000
Fixed asset additions $307,361 $0
Total full costs (estimated) $371,598 $938,147

Capital structure indicators

Liquidity info 2021 2022
Months of cash 53.6 5.7
Months of cash and investments 53.6 5.7
Months of estimated liquid unrestricted net assets -11.1 8.4
Balance sheet composition info 2021 2022
Cash $264,891 $323,578
Investments $0 $0
Receivables $138,650 $88,451
Gross land, buildings, equipment (LBE) $484,077 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0%
Liabilities (as a % of assets) 44.8% 22.5%
Unrestricted net assets $429,224 $477,923
Temporarily restricted net assets N/A N/A
Permanently restricted net assets N/A N/A
Total restricted net assets $60,779 $137,562
Total net assets $490,003 $615,485

Key data checks

Key data checks info 2021 2022
Material data errors No No


The people, governance practices, and partners that make the organization tick.

Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Board President

Taylor Frey

Number of employees

Source: IRS Form 990

Kent Attainable Housing Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Kent Attainable Housing Inc

Board of directors
as of 01/10/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Taylor Frey

Taylor Frey

Joe Phillips

Amanda Wallace

Truist Bank

Kathy Appel

Leon Frison

Nivek Johnson

Lani Seikaly

Xavier Jones

Ronnie Edelman

Jonathan Chace

Organizational demographics

SOURCE: Self-reported; last updated 10/27/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Male, Not transgender
Sexual orientation
Gay, Lesbian, Bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation


Equity strategies

Last updated: 01/19/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.