NORTHSHORE HOUSING INITIATIVE INC (EIN 100131835) - 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

2001

Principal Officer

JENNIFER DEXTER

Phone

9858933172

Tax Period

2021-07-01 to 2022-06-30

NORTHSHORE HOUSING INITIATIVE INC, founded in 2001, is a micro nonprofit in the Housing & Shelter sector that reported $66K in total revenue in fiscal year 2021. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $90K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR THE NORTHSHORE AREA.

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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 (2021)

Revenue Breakdown

Contributions & Grants $24,842

Program Service Revenue $0

Investment Income $0

Other Revenue $40,925

TOTAL REVENUE $65,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,525

Fundraising Expenses $3,703

Program Expenses $68,156

Other Expenses $20,960

TOTAL EXPENSES $90,485

Year-over-Year Comparison

	2021	2020	Change
Revenue	$65,767	$215,734	-0.7%
Expenses	$90,485	$84,330	+0.1%
Net Income	$-24,718	$131,404	-1.2%

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

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

$57,012

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIXON ADAMS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
EDWARD BEE	TREASURER	2.00	Officer Director	$0	$0	$0
DAVID ROUSSEL	PRESIDENT	2.00	Officer Director	$0	$0	$0
SCOTT GOODWILL	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES GRAHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY BURKELL	BOARD MEMBER	2.00	Director	$0	$0	$0
CINDY PETRY	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER DEXTER	EXECUTIVE DIRECTOR	40.00	Officer	$57,012	$0	$57,012

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
2022	$65,767	$90,485	$696,606	$-24,718
2021	$215,734	$84,330	$730,536	$131,404
2020	$114,792	$83,312	$601,721	$31,480
2019	$195,508	$111,842	$555,272	$83,666
2018	$297,880	$119,449	$540,104	$178,431

NORTHSHORE HOUSING INITIATIVE INC