SAPPHIRE HOMES INC (EIN 363504473) - 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

1987

Legal Domicile

Principal Officer

Cole Harden

Phone

4063632800

Tax Period

2023-01-01 to 2023-12-31

SAPPHIRE HOMES INC, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $209K in total revenue in fiscal year 2023.

Mission

RENTAL TO LOW INCOME ELDERLY.

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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 $209,443

Investment Income $9

Other Revenue $0

TOTAL REVENUE $209,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $173,125

Other Expenses $216,178

TOTAL EXPENSES $216,178

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,452	$198,578	+0.1%
Expenses	$216,178	$203,048	+0.1%
Net Income	$-6,726	$-4,470	+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

N/A

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	Role	Reportable Comp	Other Comp	Total
Bill Rummel	Vice President	Officer Director	$0	$0	$0
Jeffrey Stahlecker	President	Officer Director	$0	$0	$0
Amber Richardson	Vice President	Director	$0	$0	$0
Dorothy Rummel	Director	Director	$0	$0	$0
Chuck Shonkwiler	Director	Director	$0	$0	$0
Tom Grymes	Director	Director	$0	$0	$0
Celeste Pogachar	Secretary	Officer Director	$0	$0	$0
Nan Jorgenson	Director	Director	$0	$0	$0
Dean Drake	Director	Director	$0	$0	$0
Cole Harden	Executive Dir.	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	No data	No data	No data	No data
2023	$209,452	$216,178	$471,344	$-6,726
2022	$198,578	$203,048	$482,545	$-4,470
2021	$185,186	$195,316	$495,066	$-10,130
2020	$189,667	$188,368	$514,773	$1,299
2019	$184,179	$185,126	$489,922	$-947
2018	$169,818	$175,962	$506,088	$-6,144

SAPPHIRE HOMES INC