SALT & LIGHT HOUSING I INC (EIN 201260729) - 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

2004

Legal Domicile

Principal Officer

QINDI SHI

Phone

6092675928

Tax Period

2023-07-01 to 2024-06-30

SALT & LIGHT HOUSING I INC, founded in 2004, is a micro nonprofit in the Housing & Shelter sector that reported $23K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $37K exceeded revenue, resulting in a 60% operating deficit.

Mission

TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $23,289

Investment Income $16

Other Revenue $0

TOTAL REVENUE $23,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,240

Other Expenses $37,240

TOTAL EXPENSES $37,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,305	$35,152	-0.3%
Expenses	$37,240	$50,751	-0.3%
Net Income	$-13,935	$-15,599	-0.1%

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

$1,059,657

Total Directors

$1,059,657

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRY HOLLAND	PRESIDENT	1.00	Officer Director	$0	$59,141	$626,112
QINDI SHI	SECRETARY/TREASURER	1.00	Officer Director	$0	$59,261	$433,545
COLLEEN CRANDALL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AARON NELSON	TRUSTEE	1.00	Director	$0	$0	$0
CHELSEA CARTER	TRUSTEE	1.00	Director	$0	$0	$0
MARIANNE ALEARDI	TRUSTEE	1.00	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	No data	No data	No data	No data
2024	$23,305	$37,240	$510,699	$-13,935
2023	$35,152	$50,751	$524,634	$-15,599
2022	$32,409	$52,343	$543,531	$-19,934
2021	$32,460	$77,070	$559,381	$-44,610
2020	$33,908	$94,950	$603,991	$-61,042
2019	$33,468	$47,836	$665,033	$-14,368
2018	$36,643	$49,756	$679,401	$-13,113

SALT & LIGHT HOUSING I INC