NAOMI AND SYLVESTER SMITH SENIOR LIVING CENTER (EIN 272422815) - 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

2009

Legal Domicile

Principal Officer

WAYNE SMITH

Phone

7732248650

Tax Period

2024-01-01 to 2024-12-31

NAOMI AND SYLVESTER SMITH SENIOR LIVING CENTER, founded in 2009, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2024. Expenses of $1.3M exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE AFFORDABLE 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 $1,031,691

Investment Income $122

Other Revenue $1,609

TOTAL REVENUE $1,033,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $487,331

Fundraising Expenses $0

Program Expenses $1,058,431

Other Expenses $830,188

TOTAL EXPENSES $1,317,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,033,422	$995,823	+0.0%
Expenses	$1,317,519	$1,241,912	+0.1%
Net Income	$-284,097	$-246,089	+0.2%

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

$12,301

Total Directors

$12,301

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE SMITH	PRESIDENT	2.00	Officer Director	$12,301	$0	$12,301
STAN SMITH	CHAIRMAN BOARD OF DIRECTOR	2.00	Officer Director	$0	$0	$0
CARLOS NELSON	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
GERALD HARRIS	TREASURER & DIRECTOR	2.00	Officer Director	$0	$0	$0
KEITH PYE	SECRETARY & DIRECTOR	2.00	Officer Director	$0	$0	$0
JULIAN COLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA TALIFERRO	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY WATKINS	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
2024	$1,033,422	$1,317,519	$8,980,069	$-284,097
2023	$995,823	$1,241,912	$9,202,042	$-246,089
2022	$945,273	$1,228,070	$9,477,719	$-282,797
2021	$899,172	$1,219,583	$9,772,676	$-320,411
2020	$898,854	$1,157,685	$10,083,291	$-258,831
2019	$911,925	$1,126,862	$10,322,729	$-214,937
2018	$874,761	$1,120,698	$10,547,060	$-245,937

NAOMI AND SYLVESTER SMITH SENIOR LIVING CENTER