SAE Financial & Housing Corp (EIN 364496831) - 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

2002

Legal Domicile

Principal Officer

Greg Somers

Phone

8474751856

Tax Period

2024-07-01 to 2025-06-30

SAE FINANCIAL AND HOUSING CORPORATION, founded in 2002, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2017. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 15% operating deficit.

Mission

To build strong chapters through great housing; promote safe, competitive and affordable fraternity housing through property management resources and services; support local house corporations to become financially sound and its volunteers well trained.

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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 (2024)

Revenue Breakdown

Contributions & Grants $104,619

Program Service Revenue $4,158,391

Investment Income $18,142

Other Revenue $219,150

TOTAL REVENUE $4,500,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,553,296

Other Expenses $5,078,089

TOTAL EXPENSES $5,078,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,500,302	$3,409,292	+0.3%
Expenses	$5,078,089	$4,156,749	+0.2%
Net Income	$-577,787	$-747,457	-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

N/A

Volunteers

150

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

$285,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lance DeNardin	President	10.00	Director	$0	$0	$0
Rex Carlson	Vice President	2.00	Director	$0	$0	$0
Larry Jones	Vice President	2.00	Director	$0	$0	$0
Richard Lies	Treasurer	2.00	Director	$0	$0	$0
William McCann	Secretary	2.00	Director	$0	$0	$0
Greg Somers	CEO	40.00	Officer	$0	$24,182	$186,696
Juan Faria	Sr Director of Finance	14.00	Officer	$0	$8,612	$98,404

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
2025	$4,500,302	$5,078,089	$23,221,773	$-577,787
2024	$3,409,292	$4,156,749	$23,814,851	$-747,457
2023	$3,170,279	$4,019,344	$25,298,292	$-849,065
2022	$5,160,139	$3,793,348	$25,901,463	$1,366,791
2021	$3,039,395	$3,492,755	$26,448,189	$-453,360
2020	$4,417,449	$3,574,163	$27,139,209	$843,286
2019	$3,578,580	$3,245,633	$24,342,048	$332,947
2018	$2,619,783	$3,009,475	$24,151,226	$-389,692

SAE Financial & Housing Corp