SCOTTSBURG SENIOR HOUSING CORP (EIN 310887294) - 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

1975

Legal Domicile

Principal Officer

MONTY CRAIG

Phone

8127521486

Tax Period

2024-01-01 to 2024-12-31

SCOTTSBURG SENIOR HOUSING CORP, founded in 1975, is a small nonprofit in the Housing & Shelter sector that reported $320K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $379K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE RENTAL HOUSING FOR ELIGIBLE OCCUPANTS UNDER THE FMHA SUBSIDIZED HOUSING PROGRAM.

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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 $306,618

Investment Income $6

Other Revenue $13,766

TOTAL REVENUE $320,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,303

Fundraising Expenses $0

Program Expenses $355,645

Other Expenses $301,163

TOTAL EXPENSES $379,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$320,390	$291,919	+0.1%
Expenses	$379,466	$308,347	+0.2%
Net Income	$-59,076	$-16,428	+2.6%

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

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
JERRY BUCHANAN	DIRECTOR	2.00	Director	$0	$0	$0
JAN HARDY	DIRECTOR	1.00	Director	$0	$0	$0
MONTY CRAIG	PRESIDENT	2.00	Officer Director	$0	$0	$0
DONNA FARIS	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
TIM BORDEN	VICE PRESIDENT	2.00	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	$320,390	$379,466	$1,292,751	$-59,076
2023	$291,919	$308,347	$1,376,806	$-16,428
2022	$265,047	$285,677	$1,430,527	$-20,630
2021	$274,614	$282,225	$1,510,742	$-7,611
2020	$246,737	$263,765	$1,555,954	$-17,028
2019	$243,983	$246,099	$1,605,007	$-2,116
2018	$232,424	$258,584	$1,623,801	$-26,160

SCOTTSBURG SENIOR HOUSING CORP