Shelton Senior Housing Inc (EIN 061493789) - 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

2003

Legal Domicile

Principal Officer

Katy Paris

Phone

2039228836

Tax Period

2024-01-01 to 2024-12-31

Shelton Senior Housing Inc, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $535K in total revenue in fiscal year 2024. Net assets of $3.6M represent 81 months of operating reserves.

Mission

To develop and operate a 36-unit elderly housing project under the provisions of HUD.

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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 $534,431

Investment Income $296

Other Revenue $0

TOTAL REVENUE $534,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,077

Fundraising Expenses $0

Program Expenses $493,149

Other Expenses $448,523

TOTAL EXPENSES $580,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$534,727	$507,872	+0.1%
Expenses	$580,600	$536,026	+0.1%
Net Income	$-45,873	$-28,154	+0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edmund Conklin	Board President	2.00	Officer Director	$0	$0	$0
Katy Paris	Board Vice President	2.00	Officer Director	$0	$0	$0
Walter Drozeck	Board Treasurer	2.00	Officer Director	$0	$0	$0
Hilary Vojtek	Board Secretary	2.00	Officer Director	$0	$0	$0
Joseph Bienkowski	Board Member	2.00	Director	$0	$0	$0
Karen McGovern	Board Member	2.00	Director	$0	$0	$0
Donna Skurat	Board Member	2.00	Director	$0	$0	$0
Gretchen Gifford	Board Member	2.00	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
2024	$534,727	$580,600	$3,671,762	$-45,873
2023	$507,872	$536,026	$3,680,504	$-28,154
2022	$433,275	$581,914	$3,738,608	$-148,639
2021	$435,976	$524,391	$3,856,557	$-88,415
2020	$421,191	$521,310	$3,947,307	$-100,119
2019	$436,384	$491,380	$4,048,826	$-54,996
2018	$438,407	$530,531	$4,112,495	$-92,124

Shelton Senior Housing Inc