SUPERIOR HEALTH SUPPORT SYSTEMSINC (EIN 352238542) - 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

2004

Legal Domicile

Principal Officer

TRACEY E HOLT

Phone

9066356911

Tax Period

2023-01-01 to 2023-12-31

SUPERIOR HEALTH SUPPORT SYSTEMSINC, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $2.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

SUPERIOR HEALTH SUPPORT SYSTEMS, INC. WAS FORMED FOR THE PURPOSE OF PROVIDING ACCOMODATIONS AND DAILY LIVING SERVICES FOR PERSONS OVER 60 YEARS OF AGE OR IMPAIRED INDIVIDUALS IN NORTHERN MICHIGAN. THE ORGANIZATION QUALIFIES AS A "HOME FOR THE AGED" UNDER MICHIGAN LAW.

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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 $73,922

Program Service Revenue $2,249,533

Investment Income $2,247

Other Revenue $37,448

TOTAL REVENUE $2,363,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,916,621

Fundraising Expenses $14,645

Program Expenses $2,509,164

Other Expenses $797,290

TOTAL EXPENSES $2,713,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,363,150	$2,515,983	-0.1%
Expenses	$2,713,911	$2,736,577	0.0%
Net Income	$-350,761	$-220,594	+0.6%

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

159

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

$17,326

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY E HOLT	PRESIDENT/EX	40.00	Officer	$17,326	$0	$17,326
DELORES KIVI	DIRECTOR	N/A	Director	$0	$0	$0
DAVID WEBER	DIRECTOR	N/A	Director	$0	$0	$0
KELLI FENLON WIINAMAKI	DIRECTOR	N/A	Director	$0	$0	$0
MELISSA GILLHOOLEY	SECRETARY	N/A	Officer	$0	$0	$0
MICHELE LAVIGNE	TREASURER	N/A	Officer	$0	$0	$0
DAVID PIETRANGELO	VICE-PRESIDE	N/A	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	$2,363,150	$2,713,911	$4,101,489	$-350,761
2022	$2,515,983	$2,736,577	$4,487,320	$-220,594
2021	$3,332,103	$2,472,309	$4,727,295	$859,794
2020	$2,183,177	$2,088,998	$4,156,345	$94,179
2019	$2,683,338	$1,831,177	$4,075,690	$852,161
2018	$1,989,368	$1,607,977	$3,032,658	$381,391

SUPERIOR HEALTH SUPPORT SYSTEMSINC