FRANKLIN INDEPENDENT SENIOR HOUSING C/O ANNE OSSANNA PRESIDENT (EIN 222536386) - 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

1987

Legal Domicile

Principal Officer

ANNE OSSANNA

Phone

2072364067

Tax Period

2023-07-01 to 2024-06-30

FRANKLIN INDEPENDENT SENIOR HOUSING C/O ANNE OSSANNA PRESIDENT, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $272K in total revenue in fiscal year 2023. Expenses of $238K left a modest 12% surplus.

Mission

LOW INCOME HOUSING FOR THE ELDERLY.

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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 $202,659

Program Service Revenue $68,997

Investment Income $74

Other Revenue $0

TOTAL REVENUE $271,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $237,885

Other Expenses $237,885

TOTAL EXPENSES $237,885

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,730	$285,652	0.0%
Expenses	$237,885	$257,961	-0.1%
Net Income	$33,845	$27,691	+0.2%

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

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
DOUG BUNKER	MEMBER	1.00	Director	$0	$0	$0
BESS CARTER	TREASURER	5.00	Officer Director	$0	$0	$0
ANNE OSSANNA	PRESIDENT	5.00	Officer Director	$0	$0	$0
LLOYD WILLIAMS	MEMBER	5.00	Director	$0	$0	$0
BEVERLY BILLINGS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY MARSHALL	MEMBER	1.00	Director	$0	$0	$0
TEDDIE GILES	MEMBER	1.00	Director	$0	$0	$0
LOUIS PLAUD	SECRETARY	1.00	Officer 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	$271,730	$237,885	$302,820	$33,845
2023	$285,652	$257,961	$331,099	$27,691
2022	$282,065	$251,903	$346,381	$30,162
2021	$277,550	$250,640	$351,285	$26,910
2020	$267,523	$260,083	$358,202	$7,440
2019	$270,034	$232,162	$364,112	$37,872

FRANKLIN INDEPENDENT SENIOR HOUSING C/O ANNE OSSANNA PRESIDENT