DELAWARE CREATIVE HOUSING INC (EIN 311347641) - 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

1991

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

DELAWARE CREATIVE HOUSING INC, founded in 1991, is a micro nonprofit that reported $40K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $59K exceeded revenue, resulting in a 48% operating deficit.

Mission

Provide housing for persons with disabilities through partnerships with the Delaware County Board of Development Disabilities. Assist with rental payments to community landlords, provide property management and maintenance to homes.

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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 $49

Program Service Revenue $2,991

Investment Income $0

Other Revenue $36,480

TOTAL REVENUE $39,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,312

Fundraising Expenses $0

Program Expenses $35,152

Other Expenses $53,276

TOTAL EXPENSES $58,588

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,520	$120,108	-0.7%
Expenses	$58,588	$157,204	-0.6%
Net Income	$-19,068	$-37,096	-0.5%

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
ELIZABETH OWENS	CEO	4.00	Director	$0	$0	$0
JOHN SIMATACOLOS	BOARD PRESIDENTSECRETARY	2.00	Director	$0	$0	$0
JAMES CORNETT	OPERATIONS DIRECTOR	16.00	Officer	$0	$0	$0
AMBER WAGNER	FINANCE DIRECTOR	4.00	Key Emp	$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
2023	$39,520	$58,588	No data	$-19,068
2022	$120,108	$157,204	$542,561	$-37,096
2021	$132,788	$212,078	$583,731	$-79,290
2020	$250,543	$272,757	$661,467	$-22,214
2019	$240,750	$369,750	$681,192	$-129,000
2018	$295,029	$365,113	$1,776,638	$-70,084

DELAWARE CREATIVE HOUSING INC