SOMERSET VILLAS INC (EIN 251592475) - 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

1988

Legal Domicile

Principal Officer

DAVID GONZALEZ

Phone

2154268025

Tax Period

2024-07-01 to 2025-06-30

SOMERSET VILLAS INC, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY.

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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 $1,308,049

Investment Income $190

Other Revenue $10,193

TOTAL REVENUE $1,318,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $241,092

Fundraising Expenses $0

Program Expenses $1,310,221

Other Expenses $1,151,145

TOTAL EXPENSES $1,392,237

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,318,432	$1,262,399	+0.0%
Expenses	$1,392,237	$1,386,422	+0.0%
Net Income	$-73,805	$-124,023	-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

$197,401

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GONZALEZ	PROPERTY MAN	5.00	Officer	$0	$12,963	$197,401
RAFAEL PORRATA-DORIA JR ESQ	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GINA CHAPMAN	DIRECTOR	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
2025	$1,318,432	$1,392,237	$2,561,868	$-73,805
2024	$1,262,399	$1,386,422	$2,673,924	$-124,023
2023	$1,173,102	$1,279,917	$2,933,096	$-106,815
2022	$1,174,531	$1,236,882	$3,126,615	$-62,351
2021	$1,132,525	$1,212,019	$3,266,243	$-79,494
2020	$1,125,115	$1,168,999	$3,429,662	$-43,884
2019	$1,100,626	$1,183,679	$3,572,812	$-83,053
2018	$1,090,486	$1,110,072	$3,774,041	$-19,586

SOMERSET VILLAS INC