NORTH VERNON SENIOR HOUSING INC (EIN 310916471) - 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

1976

Legal Domicile

Principal Officer

Amy Thompson

Tax Period

2023-01-01 to 2023-12-31

NORTH VERNON SENIOR HOUSING INC, founded in 1976, is a small nonprofit that reported $378K in total revenue in fiscal year 2023. Expenses of $356K left a modest 6% surplus.

Mission

To provide subsidized rental housing to low income senior citizens.

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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 $367,805

Investment Income $2,431

Other Revenue $8,200

TOTAL REVENUE $378,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,395

Fundraising Expenses $0

Program Expenses $295,446

Other Expenses $299,395

TOTAL EXPENSES $355,790

Year-over-Year Comparison

	2023	2022	Change
Revenue	$378,436	$381,106	0.0%
Expenses	$355,790	$362,826	0.0%
Net Income	$22,646	$18,280	+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

$10,001

Total Directors

$10,001

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frances Gwin	Secretary and Manager	20.00		$24,100	$0	$24,100
Lindsay Gibson	Secretary and Manager	20.00	Officer Director	$10,001	$0	$10,001
Tom Taylor	Treasurer	2.00	Officer	$0	$0	$0
Amy Thompson	President	2.00	Officer	$0	$0	$0
Tina Brison	VP	2.00	Officer	$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	No data	No data	No data	No data
2023	$378,436	$355,790	$1,188,861	$22,646
2022	$381,106	$362,826	$1,241,526	$18,280
2021	$377,987	$349,613	$1,291,540	$28,374
2020	$376,850	$357,568	$1,326,146	$19,282
2019	$353,554	$405,194	$1,362,598	$-51,640
2018	$342,828	$421,723	$1,465,253	$-78,895

NORTH VERNON SENIOR HOUSING INC