SOUTH SHORE GROUP HOME IV INC (EIN 043288141) - 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

1994

Legal Domicile

Principal Officer

CHRISTINE MACDONALD

Phone

7814224230

Tax Period

2024-07-01 to 2025-06-30

SOUTH SHORE GROUP HOME IV INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $104K in total revenue in fiscal year 2024. Expenses of $143K exceeded revenue, resulting in a 37% operating deficit.

Mission

SOUTH SHORE GROUP HOME IV, INC.'S PRIMARY PURPOSE IS TO PROVIDE LOW INCOME PERSONS WITH DISABILITIES IN TAUNTON, MASSACHUSETTS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR NEEDS.

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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 $102,445

Investment Income $1,904

Other Revenue $0

TOTAL REVENUE $104,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,288

Fundraising Expenses $0

Program Expenses $132,274

Other Expenses $116,622

TOTAL EXPENSES $142,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$104,349	$104,417	0.0%
Expenses	$142,910	$134,355	+0.1%
Net Income	$-38,561	$-29,938	+0.3%

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

$574,279

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN BORGERSON	DIRECTOR	2.00	Director	$0	$0	$0
JEFFREY CHARNEL	DIRECTOR	2.00	Director	$0	$0	$0
CAROL DELOREY	DIRECTOR	2.00	Director	$0	$0	$0
DOMINGA MALDONADO	DIRECTOR	2.00	Director	$0	$0	$0
ELVIRA CALDEIRA	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL HEALY	DIRECTOR	2.00	Director	$0	$0	$0
GORETTI JOAQUIM	ASSISTANT CLERK	2.00	Officer Director	$0	$0	$0
THOMAS KING	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT CORLEY	CHIEF EXECUTIVE OFFICER	2.00	Director	$0	$43,985	$350,372
CHRISTINE MACDONALD	CHIEF FINANCIAL OFFICER	2.00	Director	$0	$18,059	$223,907
MICHAEL MCGOWAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ANTOINETTE PABON-GREEN	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD PETERSON	DIRECTOR	2.00	Director	$0	$0	$0
CAROLINA SUSTACHE	DIRECTOR	2.00	Director	$0	$0	$0
PAT GIBSON	DIRECTOR	2.00	Director	$0	$0	$0
BEVERLY SOMERVILLE	CHAIR	2.00	Officer Director	$0	$0	$0
DAVID KILNAPP	TREASURER	2.00	Officer Director	$0	$0	$0
PATRICK NEENAN	VICE TREASURER	2.00	Officer Director	$0	$0	$0
JEFF GRAEBER	CLERK	2.00	Officer 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	$104,349	$142,910	$765,053	$-38,561
2024	$104,417	$134,355	$790,200	$-29,938
2023	$106,790	$130,592	$796,265	$-23,802
2022	$106,212	$136,400	$793,848	$-30,188
2021	$104,270	$131,789	$807,843	$-27,519
2020	$107,697	$126,004	$824,071	$-18,307
2019	$106,485	$125,883	$811,035	$-19,398

SOUTH SHORE GROUP HOME IV INC