SOUTHSTAR HOUSING INC (EIN 205833636) - 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

2006

Legal Domicile

Principal Officer

RICK THIERNAU

Phone

7087558030

Tax Period

2024-07-01 to 2025-06-30

SOUTHSTAR HOUSING INC, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $55K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $72K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO PROVIDE PERSONS WITH DEVELOPMENTAL DISABILITIES WITH HOUSING FACILITIES AND SERVICES.

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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 $37,850

Program Service Revenue $16,760

Investment Income $113

Other Revenue $0

TOTAL REVENUE $54,723

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,240

Fundraising Expenses $0

Program Expenses $48,894

Other Expenses $59,568

TOTAL EXPENSES $71,808

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,723	$61,807	-0.1%
Expenses	$71,808	$73,029	0.0%
Net Income	$-17,085	$-11,222	+0.5%

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

$532,278

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK THIERNAU	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE RYAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NED HORNEY	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
REBECCA NAGLE	DIRECTOR	1.00	Director	$0	$0	$0
LARRY OWENS	DIRECTOR	1.00	Director	$0	$0	$0
MARCHELLE GOENS	DIRECTOR	1.00	Director	$0	$0	$0
KELLY BERARDELLI	PRESIDENT/CEO	1.00	Officer	$0	$678	$196,543
GUS VAN DEN BRINK	INTERIM PRESIDENT/CEO - LEFT 10/24	1.00	Officer	$0	$23,749	$191,357
MARY GONZALEZ	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$19,127	$144,378

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	$54,723	$71,808	$386,405	$-17,085
2024	$61,807	$73,029	$422,293	$-11,222
2023	$45,003	$80,997	$442,606	$-35,994
2022	$56,696	$63,145	$450,987	$-6,449
2021	$49,624	$67,952	$460,288	$-18,328
2020	$56,832	$53,917	$486,640	$2,915
2019	$40,267	$44,702	$483,491	$-4,435
2018	$30,019	$64,568	$510,630	$-34,549

SOUTHSTAR HOUSING INC