REDFIELD SOUTH HOUSING DEVELOPMENT FUND COMPANY INC (EIN 222769818) - 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

1985

Legal Domicile

Principal Officer

KYLE LYSKAWA

Phone

3154241821

Tax Period

2023-01-01 to 2023-12-31

REDFIELD SOUTH HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1985, is a small nonprofit that reported $481K in total revenue in fiscal year 2023. Expenses of $450K left a modest 7% surplus.

Mission

LOW-INCOME HOUSING PROJECT

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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 $476,725

Investment Income $1,502

Other Revenue $3,079

TOTAL REVENUE $481,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,300

Fundraising Expenses $0

Program Expenses $369,667

Other Expenses $327,530

TOTAL EXPENSES $449,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$481,306	$467,597	+0.0%
Expenses	$449,830	$487,122	-0.1%
Net Income	$31,476	$-19,525	-2.6%

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

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
REVEREND THOMAS RYAN	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
JANIS SOULE	BOARD MEMBER	1.00	Director	$0	$0	$0
MONSIGNOR RONALD BILL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK LANGEVIN	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
KATHLEEN CONWAY	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$481,306	$449,830	$1,246,550	$31,476
2022	$467,597	$487,122	$1,255,735	$-19,525
2021	$447,418	$434,518	$1,317,018	$12,900
2020	$444,046	$432,348	$1,309,241	$11,698
2019	$456,259	$447,516	$1,331,140	$8,743
2018	$447,705	$446,019	$1,349,366	$1,686

REDFIELD SOUTH HOUSING DEVELOPMENT FUND COMPANY INC