SOUTHEASTERN HOUSING FOUNDATION II INC (EIN 270266088) - 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

2010

Legal Domicile

Principal Officer

CHRISTOPHER MARTIN

Phone

8655242774

Tax Period

2024-01-01 to 2024-12-31

SOUTHEASTERN HOUSING FOUNDATION II INC, founded in 2010, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 9% surplus.

Mission

SOUTHEASTERN HOUSING FOUNDATION (SHF) DEVELOPS, OWNS, AND MANAGES MULTI-FAMILY HOUSING FOR AT-RISK AND LOW-INCOME INDIVIDUALS/FAMILIES.

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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 $148,362

Program Service Revenue $867,998

Investment Income $5,981

Other Revenue $116,980

TOTAL REVENUE $1,139,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $344,668

Fundraising Expenses $9,000

Program Expenses $951,707

Other Expenses $697,039

TOTAL EXPENSES $1,041,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,139,321	$763,926	+0.5%
Expenses	$1,041,707	$1,034,120	+0.0%
Net Income	$97,614	$-270,194	-1.4%

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

$233,420

Total Directors

$233,420

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER MARTIN	PRESIDENT/BOARD CHAIR	3.00	Officer Director	$0	$73,420	$233,420
TODD HARMS	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG MEADOWS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE PETRE	SECRETARY	1.00	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
2024	$1,139,321	$1,041,707	$6,344,918	$97,614
2023	$763,926	$1,034,120	$6,336,879	$-270,194
2022	$891,110	$958,453	$7,838,274	$-67,343
2021	$970,304	$984,970	$7,466,786	$-14,666
2020	$1,339,325	$898,651	$6,544,872	$440,674
2019	$846,957	$937,996	$5,996,763	$-91,039
2018	$948,018	$900,768	$6,146,141	$47,250

SOUTHEASTERN HOUSING FOUNDATION II INC