Shallow River Properties Inc (EIN 020426312) - 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

1988

Legal Domicile

Principal Officer

Shawn Bromley

Phone

6034473347

Tax Period

2024-07-01 to 2025-06-30

Shallow River Properties Inc, founded in 1988, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $7.6M represent 79 months of operating reserves.

Mission

To own and manage real property for Northern Human Services, Inc.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,097,290

Investment Income $51,468

Other Revenue $0

TOTAL REVENUE $1,148,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,184,588

TOTAL EXPENSES $1,184,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,148,758	$1,248,818	-0.1%
Expenses	$1,184,588	$779,244	+0.5%
Net Income	$-35,830	$469,574	-1.1%

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

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

$347,846

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dorothy Borchers	President	2.00	Officer Director	$0	$0	$0
Marti Faulkner	Secretary	2.00	Officer Director	$0	$0	$0
Steve Schofield	Board Member	2.00	Director	$0	$0	$0
Margaret McClellan	Board Member	2.00	Director	$0	$0	$0
Shawn Bromley	CFO	1.00	Officer	$0	$19,897	$166,993
Suzanne Gaetjens-Oleson	CEO	1.00	Officer	$0	$5,619	$180,853

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
2025	$1,148,758	$1,184,588	$12,219,998	$-35,830
2024	$1,248,818	$779,244	$7,415,294	$469,574
2023	$1,201,324	$893,678	$6,817,639	$307,646
2022	$1,172,271	$996,539	$6,337,319	$175,732
2021	$1,463,552	$874,717	$6,580,048	$588,835
2020	$1,114,288	$948,308	$5,992,866	$165,980
2019	$1,160,654	$954,747	$5,717,707	$205,907

Shallow River Properties Inc