ST CLEMENT HOUSING INC (EIN 020797645) - 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

2006

Legal Domicile

Principal Officer

JAMES WAYNE

Phone

7278931314

Tax Period

2024-01-01 to 2024-12-31

ST CLEMENT HOUSING INC, founded in 2006, is a small nonprofit that reported $638K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $866K exceeded revenue, resulting in a 36% operating deficit.

Mission

TO PROVIDE HOUSING AND RELATED SERVICES TO LOW-INCOME ELDERLY INDIVIDUALS.

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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 $387,637

Program Service Revenue $246,089

Investment Income $177

Other Revenue $4,063

TOTAL REVENUE $637,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,036

Fundraising Expenses $0

Program Expenses $749,471

Other Expenses $631,523

TOTAL EXPENSES $865,559

Year-over-Year Comparison

	2024	2023	Change
Revenue	$637,966	$548,150	+0.2%
Expenses	$865,559	$824,292	+0.1%
Net Income	$-227,593	$-276,142	-0.2%

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

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

$91,606

Total Directors

$91,606

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV EDWIN PALKA	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAGGIET ROGERS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JAMES WAYNE	TREASURER	1.00	Officer Director	$0	$0	$91,606
REV EMERY LONGANGA	MEMBER	1.00	Director	$0	$0	$0
REV JAMES RUHLIN	MEMBER	1.00	Director	$0	$0	$0
REV WAYNE GENEREUX	MEMBER	1.00	Director	$0	$0	$0
REV MICHAEL MUHR	MEMBER	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
2025	No data	No data	No data	No data
2024	$637,966	$865,559	$6,238,067	$-227,593
2023	$548,150	$824,292	$6,358,500	$-276,142
2022	$529,424	$704,517	$6,620,108	$-175,093
2021	$520,822	$662,954	$6,790,074	$-142,132
2020	$500,298	$696,151	$6,965,410	$-195,853

ST CLEMENT HOUSING INC