VILLAS AT BAYOU PARK INC

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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

2006

Legal Domicile

Principal Officer

NEAL SARAHAN

Phone

7135269470

Tax Period

2023-09-01 to 2024-08-31

VILLAS AT BAYOU PARK INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $124K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $146K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

Program Service Accomplishments

Program 1

Expenses: $127,930 Revenue: $122,529

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

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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 $0

Program Service Revenue $122,529

Investment Income $1,091

Other Revenue $0

TOTAL REVENUE $123,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,591

Fundraising Expenses $0

Program Expenses $127,930

Other Expenses $141,057

TOTAL EXPENSES $145,648

Year-over-Year Comparison

	2023	2022	Change
Revenue	$123,620	$84,152	+0.5%
Expenses	$145,648	$111,244	+0.3%
Net Income	$-22,028	$-27,092	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEAL SARAHAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARK SMITH	VP / TREASUR	3.00	Officer Director	$0	$0	$0
ROBERT BUTHORN	SECRETARY	3.00	Officer Director	$0	$0	$0
MARIA RICHARDSON	DIRECTOR	0.50	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	$123,620	$145,648	$1,420,755	$-22,028
2023	$84,152	$111,244	$1,431,530	$-27,092
2022	$81,873	$161,377	$1,464,677	$-79,504
2021	$81,019	$124,042	$1,504,327	$-43,023
2020	$214,487	$134,137	$1,549,273	$80,350
2019	$73,044	$143,383	$1,572,547	$-70,339
2018	$74,002	$129,242	$1,627,646	$-55,240