SOUTH BOSTON ELDERLY RESIDENCES INC (EIN 208232873) - 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

2007

Legal Domicile

Principal Officer

WILLIAM J SULLIVAN

Phone

6176983005

Tax Period

2019-01-01 to 2019-12-31

SOUTH BOSTON ELDERLY RESIDENCES INC, founded in 2007, is a micro nonprofit that reported $81 in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $18K exceeded revenue, resulting in a 21670% operating deficit.

Mission

TO MEET THE NEEDS OF THE SENIORS IN SOUTH BOSTON BY PROVIDING HOUSING 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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $81

Other Revenue $0

TOTAL REVENUE $81

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $17,634

TOTAL EXPENSES $17,634

Year-over-Year Comparison

	2019	2018	Change
Revenue	$81	$539,072	-1.0%
Expenses	$17,634	$142,268	-0.9%
Net Income	$-17,553	$396,804	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM J SULLIVAN	PRESIDENT AND TREASURER	0.50	Officer Director	$0	$0	$0
PAUL NEEDHAM	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MARITTA CRONIN	SECRETARY	0.50	Officer Director	$0	$0	$0
MICHAEL BRADY	TRUSTEE	0.30	Director	$0	$0	$0
GEORGE GEARY	TRUSTEE	0.30	Director	$0	$0	$0
CAROLYN SAVAGE	TRUSTEE	0.30	Director	$0	$0	$0
JOHN LOONEY MD	TRUSTEE	0.30	Director	$0	$0	$0
BRANCH LANE	TRUSTEE	0.30	Director	$0	$0	$0
EWALD CHARLES	TRUSTEE	0.30	Director	$0	$0	$0
CAROL SULLIVAN	TRUSTEE	0.30	Director	$0	$0	$0
FR WILLIAM PALARDY	TRUSTEE	0.30	Director	$0	$0	$0
MICHAEL SULLIVAN	TRUSTEE	0.30	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
2019	$81	$17,634	$149,153	$-17,553
2018	$539,072	$142,268	$168,915	$396,804

SOUTH BOSTON ELDERLY RESIDENCES INC