SOUTH MAIN STREET HOUSING TRUST INC (EIN 030364340) - 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

1999

Legal Domicile

Principal Officer

ANDREW WINTER

Phone

8022917000

Tax Period

2024-01-01 to 2024-12-31

SOUTH MAIN STREET HOUSING TRUST INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 29% operating deficit.

Mission

PROVIDE HOUSING OPPORTUNITIES FOR LOW INCOME FAMILIES.

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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 $630,509

Program Service Revenue $368,722

Investment Income $792

Other Revenue $0

TOTAL REVENUE $1,000,023

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,185,036

Other Expenses $1,294,384

TOTAL EXPENSES $1,294,384

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,000,023	$924,754	+0.1%
Expenses	$1,294,384	$1,216,252	+0.1%
Net Income	$-294,361	$-291,498	+0.0%

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

$105,027

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARA LESWING	SECRETARY	1.00	Officer Director	$0	$0	$0
SARA KOBYLENSKI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL STANNARD	TREASURER	1.00	Officer Director	$0	$0	$0
ALLAN WIEMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RUDY FEDRIZZI	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW WINTER	EXECUTIVE DIRECTOR	1.00	Officer	$0	$19,269	$105,027

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	$1,000,023	$1,294,384	$12,615,076	$-294,361
2023	$924,754	$1,216,252	$12,976,522	$-291,498
2022	$937,713	$1,185,282	$13,348,104	$-247,569
2021	$1,114,244	$1,188,435	$13,659,376	$-74,191
2020	$1,210,825	$981,534	$13,053,586	$229,291
2019	$1,172,414	$974,512	$7,272,869	$197,902
2018	$927,499	$961,626	$7,097,934	$-34,127

SOUTH MAIN STREET HOUSING TRUST INC