SOUTH OAKLAND SHELTER (EIN 382847849) - 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

1985

Legal Domicile

Principal Officer

RYAN HERTZ

Phone

2489206000

Tax Period

2024-07-01 to 2025-06-30

SOUTH OAKLAND SHELTER, founded in 1985, is a mid-sized nonprofit in the Housing & Shelter sector that reported $11.9M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

LIGHTHOUSE MI ENDEAVORS TO BUILD EQUITABLE COMMUNITIES AND ALLEVIATE POVERTY IN PARTNERSHIP WITH AND IN SERVICE TO INDIVIDUALS, FAMILIES, AND ORGANIZATIONS.

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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 $10,980,028

Program Service Revenue $227,178

Investment Income $675,715

Other Revenue $-16,785

TOTAL REVENUE $11,866,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,199,620

Fundraising Expenses $1,294,365

Program Expenses $8,291,953

Other Expenses $6,418,704

TOTAL EXPENSES $11,618,324

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,866,136	$14,854,277	-0.2%
Expenses	$11,618,324	$14,661,418	-0.2%
Net Income	$247,812	$192,859	+0.3%

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

18245

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

$711,478

Total Directors

$267,342

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN HERTZ	PRESIDENT & CEO	40.00	Officer Director	$244,342	$23,000	$267,342
JONATHAN BURLEIGH	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
JACKIE BUCHANAN	PAST CHAIR	1.00	Officer Director	$0	$0	$0
JACQUI SPICER	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
DR BILL SOLOMOSON	SECRETARY	2.00	Officer Director	$0	$0	$0
MAURICE EDWARDS	TREASURER	2.00	Officer Director	$0	$0	$0
DENNIS BLENDER	BOARD MEMBER	1.00	Director	$0	$0	$0
PATTY CORKERY	BOARD MEMBER	1.00	Director	$0	$0	$0
SOMMER DAWSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DR CHANEL HAMPTON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRYAN KIELER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES CAMPBELL	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT STEWART	BOARD MEMBER	1.00	Director	$0	$0	$0
TORRE BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEESA SESTA	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM CIROLI	EMERITUS BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN COOPER	EMERITUS BOARD MEMBER	1.00	Director	$0	$0	$0
HARRY MAISEL	EMERITUS BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD LEWNAU	EMERITUS BOARD MEMBER	1.00	Director	$0	$0	$0
JENNY POMA	COO	40.00	Officer	$151,178	$15,333	$166,511
TODD BURK	CHIEF REAL ESTATE AND COMM	40.00	Officer	$127,972	$16,230	$144,202
MARY RIEGLE	CHIEF PHILANTHROPY OFFICER	40.00	Officer	$120,439	$12,984	$133,423
RITA FIELDS	STRATEGIC & HR	40.00	Highest	$147,796	$11,473	$159,269

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	$11,866,136	$11,618,324	$20,299,870	$247,812
2024	$14,854,277	$14,661,418	$14,251,158	$192,859
2023	$18,614,132	$15,939,524	$13,716,158	$2,674,608
2022	$30,279,026	$26,835,032	$12,011,297	$3,443,994
2021	$13,086,858	$12,919,756	$9,020,060	$167,102
2020	$6,855,603	$5,832,843	$3,794,348	$1,022,760
2019	$2,511,131	$2,340,865	$1,678,430	$170,266

SOUTH OAKLAND SHELTER