SENIOR CITIZEN HOUSING OF ANN ARBOR (EIN 381747942) - 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

1963

Legal Domicile

Principal Officer

MARY JEAN RAAB

Phone

7346650695

Tax Period

2023-01-01 to 2023-12-31

SENIOR CITIZEN HOUSING OF ANN ARBOR, founded in 1963, is a micro nonprofit that reported $5 in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 868240% operating deficit.

Mission

TO OPERATE APARTMENT COMPLEXES FOR LOW INCOME HOUSING FOR SENIOR CITIZENS.

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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 $5

Other Revenue $0

TOTAL REVENUE $5

Expense Breakdown

Grants Paid $14,365

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,365

Other Expenses $29,052

TOTAL EXPENSES $43,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5	$30	-0.8%
Expenses	$43,417	$151,878	-0.7%
Net Income	$-43,412	$-151,848	-0.7%

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
JIM DANFORTH	BOARD MEMBER	N/A	Director	$0	$0	$0
STEVE DARR	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBBI DUDA	BOARD MEMBER	N/A	Director	$0	$0	$0
RONALD GARDNER	BOARD MEMBER	N/A	Director	$0	$0	$0
MIKE GATTI	SECRETARY	N/A	Officer Director	$0	$0	$0
SUSAN HINTON	BOARD MEMBER	N/A	Director	$0	$0	$0
ANDY JACOBS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MARY JEAN RAAB	PRESIDENT	N/A	Officer Director	$0	$0	$0
AL RAYMOND	BOARD MEMBER	N/A	Director	$0	$0	$0
JIM WOLFINGTON	TREASURER	N/A	Officer 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
2023	$5	$43,417	No data	$-43,412
2022	$30	$151,878	$45,412	$-151,848
2021	$1,749,234	$3,669,421	$197,554	$-1,920,187
2020	$1,309,169	$1,305,476	$3,553,827	$3,693
2019	$1,344,045	$1,241,979	$3,637,631	$102,066
2018	$1,301,362	$1,271,829	$3,688,168	$29,533

SENIOR CITIZEN HOUSING OF ANN ARBOR