HONEYSUCKLE STUDENT HOLDINGS INC (EIN 200081259) - 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

MATTHEW YURKUNAS

Phone

5703894464

Tax Period

2024-06-01 to 2025-05-31

HONEYSUCKLE STUDENT HOLDINGS INC, founded in 2003, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE ACTIVITIES OF THE ORGANIZATION ARE VARIED. PRESENTLY, MANY STUDENTS ARE HOUSED IN PRIVATE OFF-CAMPUS HOUSING THAT AT TIMES HAS BEEN SUBSTANDARD. THE ORGANIZATION OPERATES A HOUSING FACILITY FOR STUDENTS TO PROVIDE ALTERNATIVE SAFE HOUSING FOR THE BENEFIT OF THE STUDENTS AT BLOOMSBURG UNIVERSITY. ADDITIONALLY, AS AN AFFILIATE OF COMMUNITY GOVERNMENT ASSOCIATION OF BLOOMSBURG UNIVERSITY, THE ORGANIZATION WILL PROVIDE ADDITIONAL SERVICES FOR THE BENEFIT OF BLOOMSBURG UNIVERSITY AND ITS STUDENTS.

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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 $30,500

Program Service Revenue $1,500,179

Investment Income $188,883

Other Revenue $0

TOTAL REVENUE $1,719,562

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,654,641

Other Expenses $1,951,957

TOTAL EXPENSES $2,051,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,719,562	$2,435,952	-0.3%
Expenses	$2,051,957	$2,284,190	-0.1%
Net Income	$-332,395	$151,762	-3.2%

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

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

$204,197

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEIL D'AMATO	CONTROLLER	10.00	Director	$0	$80,629	$204,197
MATTHEW YURKUNAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAE ADAMS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN SEIBERT	SECRETARY	1.00	Officer Director	$0	$0	$0
BRANDON IKELER	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL R GILLESPIE	DIRECTOR	1.00	Director	$0	$0	$0
CARL SODERGREN	DIRECTOR	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
2025	$1,719,562	$2,051,957	$16,818,008	$-332,395
2024	$2,435,952	$2,284,190	$18,116,726	$151,762
2024	$2,435,952	$2,284,190	$18,116,726	$151,762
2023	$2,890,569	$2,379,943	$18,430,610	$510,626
2022	$3,125,752	$2,329,910	$18,242,162	$795,842
2021	$2,809,358	$2,133,773	$17,754,111	$675,585
2020	$2,483,527	$2,088,057	$17,762,066	$395,470
2019	$3,144,059	$2,257,159	$18,032,473	$886,900

HONEYSUCKLE STUDENT HOLDINGS INC