CHERITON HEIGHTS CORPORATION (EIN 364680511) - 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

2010

Legal Domicile

Principal Officer

STEVEN SALHANEY

Phone

8778295500

Tax Period

2023-01-01 to 2023-12-31

CHERITON HEIGHTS CORPORATION, founded in 2010, is a micro nonprofit in the Housing & Shelter sector that reported $91 in total revenue in fiscal year 2023. Expenses of $2K exceeded revenue, resulting in a 2026% operating deficit.

Mission

TO PROVIDE ELDERLY AND DISABLED INDIVIDUALS OF LOW-INCOME WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL NEEDS, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

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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 $0

Investment Income $91

Other Revenue $0

TOTAL REVENUE $91

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,935

TOTAL EXPENSES $1,935

Year-over-Year Comparison

	2023	2022	Change
Revenue	$91	N/A	N/A
Expenses	$1,935	N/A	N/A
Net Income	$-1,844	$0	N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN SALHANEY	PRESIDENT	5.00	Officer Director	$0	$0	$0
DARYA GAMEL	TREASURER	2.00	Officer Director	$0	$0	$0
ROSANNE SOLOMON	CLERK	2.00	Officer Director	$0	$0	$0
DAVID FRANCIOSI	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS KFOURY III	DIRECTOR	0.00	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	$91	$1,935	$889,819	$-1,844
2022	$49	$1,945	$891,663	$-1,896
2021	$4,068	$3,142	$893,559	$926
2020	$7,951	$7,112	$892,633	$839
2019	$10,278	$5,053	$891,794	$5,225
2018	$9,989	$7,476	$886,569	$2,513

CHERITON HEIGHTS CORPORATION