St Clare Homes Property Inc (EIN 223441769) - 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

ANNIE C CHEN

Phone

9736430400

Tax Period

2023-07-01 to 2024-06-30

St Clare Homes Property Inc, founded in 1985, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.9M exceeded revenue, resulting in a 52% operating deficit.

Mission

TO OWN, MAINTAIN AND CONTROL PROPERTIES IN THE STATE OF NEW JERSEY FOR THE HOUSING OF THE HANDICAPPED PERSONS WHO OTHERWISE WOULD NOT BE ABLE TO AFFORD SUITABLE HOUSING.

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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 $1,227,472

Investment Income $20,979

Other Revenue $343

TOTAL REVENUE $1,248,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $403,236

Fundraising Expenses $0

Program Expenses $1,793,711

Other Expenses $1,499,505

TOTAL EXPENSES $1,902,741

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,248,794	$1,313,600	0.0%
Expenses	$1,902,741	$1,622,537	+0.2%
Net Income	$-653,947	$-308,937	+1.1%

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

$166,548

Total Directors

$166,548

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNIE C CHEN	CHIEF OPERATING OFFICER	8.0	Officer Director	$0	$28,565	$166,548
GERRY MALE	CHAIRPERSON	8.0	Officer Director	$0	$0	$0
JEFF CONWAY	TRUSTEE	8.0	Director	$0	$0	$0
JOSHUA D COSTELL	TRUSTEE	8.0	Director	$0	$0	$0
DR TOM RICART	TRUSTEE	8.0	Director	$0	$0	$0
MUKUL BAKHSHI ESQ	TRUSTEE	8.0	Director	$0	$0	$0
AMBER ROMINE	TRUSTEE	8.0	Director	$0	$0	$0
ERIN D COFFEY	TRUSTEE	8.0	Director	$0	$0	$0
ANNA PANG RN	TRUSTEE	8.0	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	$1,248,794	$1,902,741	$5,277,650	$-653,947
2023	$1,313,600	$1,622,537	$5,861,120	$-308,937
2022	$1,267,498	$1,104,924	$6,557,517	$162,574
2021	$1,286,777	$1,467,622	$6,414,427	$-180,845
2020	$1,290,565	$1,662,687	$6,815,443	$-372,122
2019	$1,269,295	$1,764,842	$7,576,882	$-495,547
2018	$1,310,695	$1,688,547	$7,979,165	$-377,852

St Clare Homes Property Inc