SOUTH WESTERN ALPHA HOUSING AND HEALTHCARE INC (EIN 251701700) - 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

1992

Legal Domicile

Principal Officer

DEBORAH BRODINE

Phone

4128643532

Tax Period

2023-01-01 to 2023-12-31

SOUTH WESTERN ALPHA HOUSING AND HEALTHCARE INC, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $7.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $10.3M exceeded revenue, resulting in a 45% operating deficit.

Mission

COMMITTED TO PROVIDING EXCEPTIONAL LONG TERM CARE 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 (2023)

Revenue Breakdown

Contributions & Grants $135,203

Program Service Revenue $6,759,177

Investment Income $544

Other Revenue $224,424

TOTAL REVENUE $7,119,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,675,444

Fundraising Expenses $0

Program Expenses $9,413,806

Other Expenses $3,667,135

TOTAL EXPENSES $10,342,579

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,119,348	$7,619,183	-0.1%
Expenses	$10,342,579	$9,406,447	+0.1%
Net Income	$-3,223,231	$-1,787,264	+0.8%

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

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

$654,640

Total Directors

$1,264,920

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK BONDI	PRESIDENT	1.00	Officer Director	$0	$64,571	$428,766
WILLIAM NIGRO	TREASURER & CFO	1.00	Officer Director	$0	$29,764	$225,874
JOHN SARANDREA	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ROGER DAVIS	DIRECTOR	1.00	Director	$0	$51,999	$251,382
ADAM NOWLAND	DIRECTOR	1.00	Director	$0	$0	$0
NANCI CASE	DIRECTOR	1.00	Director	$0	$51,624	$358,898
ELLEN PERRY	ADMINISTRATOR	40.00	Highest	$127,269	$10,749	$138,018
AMY MCCONNAUGHEY	NURSING RESOURCE COORD.	40.00	Highest	$119,501	$21,869	$141,370
DANA WELSH	DIRECTOR OF NURSING	40.00	Highest	$116,033	$6,876	$122,909

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
2023	$7,119,348	$10,342,579	$5,517,232	$-3,223,231
2022	$7,619,183	$9,406,447	$5,966,411	$-1,787,264
2021	$7,144,440	$9,498,938	$5,284,685	$-2,354,498
2020	$8,175,197	$8,800,332	$5,855,730	$-625,135
2019	$7,803,992	$9,145,242	$5,973,548	$-1,341,250
2018	$7,277,096	$8,074,381	$7,599,127	$-797,285

SOUTH WESTERN ALPHA HOUSING AND HEALTHCARE INC