COMMUNITY HOMES OF BISMARCK II (EIN 208553549) - 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

NICOLE SCHURHAMER

Phone

7012552540

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY HOMES OF BISMARCK II, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $50K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $112K exceeded revenue, resulting in a 122% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME TENANTS WITH DISABILITIES.

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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 $0

Program Service Revenue $50,163

Investment Income $144

Other Revenue $189

TOTAL REVENUE $50,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,716

Fundraising Expenses $0

Program Expenses $100,764

Other Expenses $108,587

TOTAL EXPENSES $112,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,496	$44,720	+0.1%
Expenses	$112,303	$88,517	+0.3%
Net Income	$-61,807	$-43,797	+0.4%

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

$259,811

Total Directors

$18,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOIS SUNDQUIST	DIRECTOR	1.00	Director	$3,900	$0	$3,900
STEVEN SATHRE	PRESIDENT	1.00	Officer Director	$3,900	$0	$3,900
KATHLEEN ATKINSON	VICE PRESIDENT	1.00	Officer Director	$3,575	$0	$3,575
ARLENE OLSON	DIRECTOR	1.00	Director	$3,900	$0	$3,900
CYNTHIA CHAVEZ	DIRECTOR	1.00	Director	$3,575	$0	$3,575
NICOLE SCHURHAMER	MANAGING AGENT-EXEC. DIR	2.00	Officer	$112,293	$34,817	$147,110
KATHIE STRUM	MANAGING AGENT-ACCT END JULY 26	2.00	Officer	$83,634	$21,592	$105,226

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
2024	$50,496	$112,303	$747,866	$-61,807
2023	$44,720	$88,517	$808,946	$-43,797
2022	$50,317	$89,417	$849,092	$-39,100
2021	$47,064	$80,458	$880,957	$-33,394
2020	$49,685	$82,456	$917,782	$-32,771
2019	$47,866	$82,191	$956,479	$-34,325
2018	$45,849	$80,700	$993,871	$-34,851

COMMUNITY HOMES OF BISMARCK II