SHREWSBURY HOUSING INC (EIN 232129859) - 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

1979

Legal Domicile

Principal Officer

MELISSA FROWNFELTER

Phone

7172357946

Tax Period

2023-10-01 to 2024-09-30

SHREWSBURY HOUSING INC, founded in 1979, is a small nonprofit in the Housing & Shelter sector that reported $598K in total revenue in fiscal year 2023. The organization ran a surplus of $103K, a strong 17% operating margin.

Mission

TO OPERATE AN APARTMENT COMPLEX OF 60 UNITS, IN SHREWSBURY, PENNSYLVANIA, THAT PROVIDES LOW INCOME HOUSING TO QUALIFIED RECIPIENTS.

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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 $588,807

Investment Income $4,358

Other Revenue $4,512

TOTAL REVENUE $597,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,335

Fundraising Expenses $0

Program Expenses $364,744

Other Expenses $404,906

TOTAL EXPENSES $494,241

Year-over-Year Comparison

	2023	2022	Change
Revenue	$597,677	$614,075	0.0%
Expenses	$494,241	$509,798	0.0%
Net Income	$103,436	$104,277	0.0%

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

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

$774,799

Total Directors

$520,507

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT RUNDLE	PRESIDENT/CEO	1.00	Officer Director	$0	$29,055	$520,507
SHIRLEY SIMPSON	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA ROENIGK	SECRETARY	1.00	Officer Director	$0	$0	$0
CLARENCE TAUZIN	BOARD MEMBER	1.00	Director	$0	$0	$0
FRAN KREFT	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA FROWNFELTER	INTERIM PRESIDENT, CEO/COO	1.00	Officer	$0	$14,173	$254,292

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
2024	$597,677	$494,241	$1,057,141	$103,436
2023	$614,075	$509,798	$1,031,234	$104,277
2022	$589,971	$553,053	$1,010,263	$36,918
2021	$558,820	$537,483	$1,015,328	$21,337
2020	$578,688	$567,602	$1,078,438	$11,086
2019	$564,635	$572,298	$1,119,138	$-7,663
2018	$568,491	$564,313	$1,179,765	$4,178

SHREWSBURY HOUSING INC