SOUTHERN IOWA COG HOUSING TRUST FUND INC (EIN 010838477) - 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

2007

Legal Domicile

Principal Officer

JERRY WALKER

Phone

6417828491

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN IOWA COG HOUSING TRUST FUND INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $257K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $237K left a modest 8% surplus.

Mission

PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENTS.

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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 $234,835

Program Service Revenue $13,057

Investment Income $8,990

Other Revenue $121

TOTAL REVENUE $257,003

Expense Breakdown

Grants Paid $153,525

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $192,525

Other Expenses $83,049

TOTAL EXPENSES $236,574

Year-over-Year Comparison

	2023	2022	Change
Revenue	$257,003	$183,857	+0.4%
Expenses	$236,574	$261,300	-0.1%
Net Income	$20,429	$-77,443	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN KIMES	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW ZIMMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
CATHY SEDDON	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT AKIN	TREASURER	1.00	Officer Director	$0	$0	$0
JERRY WALKER	CHAIR	1.00	Officer Director	$0	$0	$0
KAREN ZABEL	SECRETARY	1.00	Officer Director	$0	$0	$0
DIANE FITCH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WAYNE PANTINI	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
2024	No data	No data	No data	No data
2023	$257,003	$236,574	$1,465,683	$20,429
2022	$183,857	$261,300	$1,434,526	$-77,443
2021	$341,264	$329,359	$1,516,063	$11,905
2020	$291,897	$264,179	$1,544,284	$27,718
2019	$391,024	$362,707	$1,479,386	$28,317
2018	$367,995	$191,261	$1,441,245	$176,734

SOUTHERN IOWA COG HOUSING TRUST FUND INC