SPRING CITY ELDERLY HOUSING CORPORATION (EIN 232869620) - 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

1997

Legal Domicile

Principal Officer

JONATHAN CAPECI

Phone

6109481797

Tax Period

2024-10-01 to 2025-09-30

SPRING CITY ELDERLY HOUSING CORPORATION, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $750K in total revenue in fiscal year 2024. Expenses of $826K exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDING HOUSING TO ELDERLY PERSONS OF LOW INCOME.

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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 $749,146

Investment Income $573

Other Revenue $0

TOTAL REVENUE $749,719

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,025

Fundraising Expenses $0

Program Expenses $825,808

Other Expenses $600,783

TOTAL EXPENSES $825,808

Year-over-Year Comparison

	2024	2023	Change
Revenue	$749,719	$702,908	+0.1%
Expenses	$825,808	$794,089	+0.0%
Net Income	$-76,089	$-91,181	-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

$115,524

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN CAPECI	EXECUTIVE DI	7.00	Officer	$17,356	$16,348	$115,524
CAT BIANCO	DIRECTOR/VIC	0.50	Officer Director	$0	$0	$0
ERIN BURKE	DIRECTOR/SEC	0.50	Officer Director	$0	$0	$0
CATHY CALHOUN	DIRECTOR/PRE	0.50	Officer Director	$0	$0	$0
MARIE ROSE GIBSON	DIRECTOR	0.50	Director	$0	$0	$0
PHIL RITTER	DIRECTOR/TRE	0.50	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	$749,719	$825,808	$3,242,895	$-76,089
2024	$702,908	$794,089	$3,299,859	$-91,181
2023	$690,064	$730,497	$3,384,590	$-40,433
2022	$656,013	$706,571	$3,419,584	$-50,558
2021	$651,104	$672,227	$3,451,990	$-21,123
2020	$640,631	$643,736	$3,495,706	$-3,105
2019	$595,154	$627,086	$3,470,177	$-31,932
2018	$569,697	$638,531	$3,555,243	$-68,834

SPRING CITY ELDERLY HOUSING CORPORATION