Cuyahoga Falls, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Sacred Heart Manor, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $386K in total revenue in fiscal year 2022. Expenses of $467K exceeded revenue, resulting in a 21% operating deficit.
SACRED HEART MANOR, INC. (THE PROJECT), A NOT-FOR-PROFIT ENTITY, OWNS AND OPERATES A 40-UNIT APARTMENT PROJECT LOCATED IN AKRON, OHIO. THE PROJECT COMMENCED OPERATIONS IN OCTOBER 2005. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD)WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 202 CAPITAL ADVANCE WHICH PROVIDED THE MAJORITY OF THE FUNDING TO DEVELOP THE PROJECT. THE PROJECT ALSO IS SUBJECT TO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) WITH HUD, AND A PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.
THE CORPORATION PROVIDES HOUSING AND SUPPORTIVE SERVICES FOR LOW-INCOME ELDERLY INDIVIDUALS IN SAFE, ATTRACTIVE AND WELL-MAINTAINED BUILDINGS IN NORTHEAST OHIO. WE STRIVE TO KEEP SENIORS SELF-RELIANT...
THE CORPORATION PROVIDES HOUSING AND SUPPORTIVE SERVICES FOR LOW-INCOME ELDERLY INDIVIDUALS IN SAFE, ATTRACTIVE AND WELL-MAINTAINED BUILDINGS IN NORTHEAST OHIO. WE STRIVE TO KEEP SENIORS SELF-RELIANT AND INDEPENDENT FOR AS LONG AS POSSIBLE BY SECURING ADDITIONAL SERVICES THEY NEED AND ENCOURAGING A SENSE OF COMMUNITY IN EACH RESIDENT. THE SENIORS WE SERVE MUST BE ELIGIBLE FOR A HUD 202 APARTMENT AS DETERMINED BY THEIR INCOME AND MUST BE RE-CERTIFIED EACH YEAR TO CONTINUE RESIDENCY. THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND WITHIN THE RENTAL AND OPERATING GUIDELINES OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $385,731 | $404,567 | 0.0% |
| Expenses | $466,890 | $435,473 | +0.1% |
| Net Income | $-81,159 | $-30,906 | +1.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| FRED BERRY | PRESIDENT/SECRETARY | 11.0 |
Officer
Director
|
$0 | $0 | $101,346 |
| RACHEL FLOSSIE | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| PAUL NEUGEBAUER | CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| DONNIE KAMMER | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| Heaven Dimartino | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $385,731 | $466,890 | $2,105,556 | $-81,159 |
| 2022 | $404,567 | $435,473 | $2,197,934 | $-30,906 |
| 2021 | $417,318 | $480,661 | $2,219,015 | $-63,343 |
| 2020 | $397,849 | $404,842 | $2,271,899 | $-6,993 |
| 2019 | $372,244 | $434,168 | $2,299,933 | $-61,924 |
| 2018 | $389,598 | $471,627 | $2,372,835 | $-82,029 |
Compare Sacred Heart Manor with other nonprofits in Ohio and across the country.