NILES FOUR FLAGS ELDERLY HOUSING I… - Form 990 Financial Data

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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

1981

Legal Domicile

Principal Officer

MARK WEBER

Phone

2696842246

Tax Period

2018-04-01 to 2019-03-31

NILES FOUR FLAGS ELDERLY HOUSING INC, founded in 1981, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2018. Revenue surged 584% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 85% operating margin.

Mission

TO PROVIDE AFFORDABLE ELDERLY HOUSING TO ALL PEOPLE QUALIFYING UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. (MOBILITY IMPAIRED, WHO QUALIFY, MAY BE 19 YEARS OF AGE)

Program Service Accomplishments

Program 1

Expenses: $562,935 Revenue: $505,362

OPERATE 88 SENIOR CITIZEN AND HANDICAPPED (MOBILITY IMPAIRED) RENTAL APARTMENTS. LOW RENT HOUSING PROVIDED UNDER SECTION 202 AND SECTION 8 OF THE FEDERAL HOUSING ACT.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $505,362

Investment Income $5,100,465

Other Revenue $3,355

TOTAL REVENUE $5,609,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $223,647

Fundraising Expenses $0

Program Expenses $562,935

Other Expenses $640,890

TOTAL EXPENSES $864,537

Year-over-Year Comparison

	2018	2017	Change
Revenue	$5,609,182	$820,237	+5.8%
Expenses	$864,537	$735,798	+0.2%
Net Income	$4,744,645	$84,439	+55.2%

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

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

$135,699

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK WEBER	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
GREG SURBER	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
DEB JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA CRAIG	DIRECTOR	1.00	Director	$0	$0	$0
MICKEY HUTCHISON	EXECUTIVE DIRECTOR	40.00	Officer	$135,699	$0	$135,699

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
2019	$5,609,182	$864,537	No data	$4,744,645

NILES FOUR FLAGS ELDERLY HOUSING INC