SMITH HILL COMMUNITY DEVELOPMENT CORPORATION (EIN 050466422) - 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

Legal Domicile

Principal Officer

IAN BUDISH

Phone

4015210159

Tax Period

2024-07-01 to 2025-06-30

SMITH HILL COMMUNITY DEVELOPMENT CORPORATION is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $714K, a strong 61% operating margin.

Mission

TO IMPROVE THE HOUSING STOCK, ASSIST INDIVIDUALS TO BECOME HOMEOWNERS AND TO PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE INCOME PERSONS WITHIN PROVIDENCE

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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 $17,664

Program Service Revenue $300,387

Investment Income $840,541

Other Revenue $9,291

TOTAL REVENUE $1,167,883

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $447,899

Other Expenses $453,547

TOTAL EXPENSES $453,547

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,167,883	$779,323	+0.5%
Expenses	$453,547	$537,937	-0.2%
Net Income	$714,336	$241,386	+2.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAQUEL PEREZ	President	1.00	Officer Director	$0	$0	$0
HEATHER GAYDOS	Vice President	1.00	Officer Director	$0	$0	$0
IAN BUDISH	Treasurer	1.00	Officer Director	$0	$0	$0
JUSTIN ROIAS	Secretary	1.00	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	$1,167,883	$453,547	No data	$714,336
2024	$779,323	$537,937	$3,453,671	$241,386
2023	$666,221	$531,972	$3,702,243	$134,249
2022	$564,155	$670,073	$3,343,251	$-105,918
2021	$791,058	$899,513	$3,110,911	$-108,455
2020	$470,551	$582,369	$3,207,088	$-111,818
2019	$623,117	$444,755	$3,147,503	$178,362

SMITH HILL COMMUNITY DEVELOPMENT CORPORATION