SCHAD INC (EIN 237221931) - 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

1970

Legal Domicile

Principal Officer

DAVE CHATELAINE

Phone

5074518524

Tax Period

2024-05-01 to 2025-04-30

SCHAD INC, founded in 1970, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $513K, a strong 51% operating margin.

Mission

TO PROVIDE HOUSING FOR CERTAIN DEFINED CLASSES OF PERSONS, INCLUDING THE ELDERLY AND HANDICAPPED, UNDER SECTION 8 OF THE NATIONAL HOUSING ACT.

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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 $950,076

Investment Income $61,435

Other Revenue $0

TOTAL REVENUE $1,011,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,897

Fundraising Expenses $0

Program Expenses $410,283

Other Expenses $461,754

TOTAL EXPENSES $498,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,011,511	$911,369	+0.1%
Expenses	$498,651	$550,183	-0.1%
Net Income	$512,860	$361,186	+0.4%

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
MARK CARVER	DIRECTOR	1.00	Director	$0	$0	$0
PETE DIXON	DIRECTOR	1.00	Director	$0	$0	$0
KAREN DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY ELTON	DIRECTOR	1.00	Director	$0	$0	$0
CAROL HARVEY	DIRECTOR	1.00	Director	$0	$0	$0
DAN KENOW	DIRECTOR	1.00	Director	$0	$0	$0
LINDA SIGLER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY SIMONSON	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA WALTON	DIRECTOR	1.00	Director	$0	$0	$0
JIM ABBE	MANAGING AGE	1.00	Officer	$0	$0	$0
ALLEN ARNOLD	VICE PRESIDE	1.00	Officer	$0	$0	$0
DAVE CHATELAINE	PRESIDENT	1.00	Officer	$0	$0	$0
DIANE KAPLAN	TREASURER	1.00	Officer	$0	$0	$0
DOUG PHILLIPS	SECRETARY	1.00	Officer	$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	$1,011,511	$498,651	$3,512,400	$512,860
2024	$911,369	$550,183	$3,006,375	$361,186
2023	$856,913	$556,705	$2,627,630	$300,208
2022	$810,810	$554,315	$2,370,085	$256,495
2021	$801,082	$532,241	$2,092,716	$268,841
2020	$789,873	$560,175	$1,816,691	$229,698
2019	$538,163	$475,373	$1,577,538	$62,790

SCHAD INC