SHERWOOD INN APARTMENTS INC (EIN 270037218) - 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

2001

Legal Domicile

Principal Officer

HEATHER GRENIER

Phone

4065874486

Tax Period

2024-07-01 to 2025-06-30

SHERWOOD INN APARTMENTS INC, founded in 2001, is a micro nonprofit in the Housing & Shelter sector that reported $14K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Net assets of $54K represent 48 months of operating reserves.

Mission

PROVIDE LOW-INCOME HOUSING

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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 $13,615

Investment Income $7

Other Revenue $0

TOTAL REVENUE $13,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,711

Fundraising Expenses $0

Program Expenses $12,804

Other Expenses $11,961

TOTAL EXPENSES $14,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,622	$10,360	+0.3%
Expenses	$14,672	$9,786	+0.5%
Net Income	$-1,050	$574	-2.8%

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

N/A

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

$581,095

Total Directors

$872,495

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER GRENIER	President	1.00	Officer Director	$0	$13,018	$160,576
MARK WOODARD	Treasurer	1.00	Officer Director	$0	$10,491	$149,239
SARA SAVAGE	Secretary	1.00	Officer Director	$0	$28,629	$144,914
LILA FLEISHMAN	Vice President	1.00	Officer Director	$0	$21,698	$126,366
THOMAS LEE	BOARD MEMBER	1.00	Director	$0	$7,929	$116,584
ALYSE BAKER	BOARD MEMBER	1.00	Director	$0	$18,235	$89,196
DANIEL MCINERNEY	BOARD MEMBER	1.00	Director	$0	$17,216	$85,620

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	$13,622	$14,672	$55,852	$-1,050
2024	$10,360	$9,786	$57,449	$574
2023	$11,260	$8,374	$57,103	$2,886
2022	$78,847	$11,819	$53,975	$67,028
2021	$3,391,183	$2,702,343	$1,230,670	$688,840
2020	$399,026	$311,980	$1,061,127	$87,046
2019	$385,304	$370,538	$1,012,709	$14,766
2018	$374,238	$345,789	$1,048,321	$28,449

SHERWOOD INN APARTMENTS INC